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Urea increased 41.75 USD/T or 12.37% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urea.
The price of urea stood at 358 U.S. dollars per metric ton in 2023, the highest value in the period investigated. The price of this commodity was forecast to decrease in the following year, to then drop annually to amount to 325 dollars per ton in 2025.
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Explore the complex factors influencing urea fertilizer pricing, including production costs, global demand, energy prices, and international trade conditions. Understand how these elements affect agricultural stakeholders and strategies for cost management in the face of fluctuating markets.
Global fertilizer prices experienced significant volatility in 2022, with diammonium phosphate (DAP) reaching a peak of 954 U.S. dollars per metric ton in April before declining to 625 U.S. dollars by December. In the lead up to the Russian invasion of Ukraine urea fertilizer prices more than doubled from September to November of 2021.
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Explore the dynamics influencing urea prices in the global agricultural industry, including production costs, natural gas prices, and geopolitical factors, and their impact on farmers and markets as of 2023.
The average retail price of prilled and granular urea amounted to about 2.44 thousand Philippine pesos per 50 kilogram bag as of December 2022. This indicated a slight increase in comparison to the average from the same month of the previous year. Among the different types of fertilizers, the Philippines import large volumes of urea and ammosul.
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During the last quarter of 2024, the urea prices in the United States reached 361 USD/MT in December. The market across the country demonstrated a stable equilibrium between supply constraints and industrial demand. After a little increase in October, prices leveled out as reduced agricultural purchasing offset varying feedstock costs.
Product
| Category | Region | Price |
---|---|---|---|
Urea | Bulk Chemical and Fertilizer | USA | 361 USD/MT |
Urea | Bulk Chemical and Fertilizer | Japan | 352 USD/MT |
Urea | Bulk Chemical and Fertilizer | Russia | 333 USD/MT |
Urea | Bulk Chemical and Fertilizer | Saudi Arabia | 348 USD/MT |
Explore IMARC’s newly published report, titled “Urea Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of urea pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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Explore the factors affecting urea fertilizer prices, including global demand, supply dynamics, government policies, and energy costs. Learn strategies for managing costs and making informed purchasing decisions for efficient agricultural practices.
During this period, one could observe a sharp increase in wholesale prices of nitrogen fertilizers in Poland between January 2022 and December 2022. For example, the price of urea increased from 2760 zloty in January 2022 to 3660 zloty in December 2022. However, the prices have stabilized in 2023, recording a significant decrease in March 2023. The increase influenced the change in fertilizer prices in energy prices, including gas, and the Russian invasion of Ukraine in February 2022.
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Discover how factors like global agricultural demand, natural gas prices, and regulatory policies impact the share prices of urea fertilizer companies. Learn the key trends in urea fertilizer market performance and the role of technological advancements in agriculture.
This statistic displays a forecast of total global demand for urea fertilizer from 2014 to 2024. In 2024, the demand for urea fertilizers is expected to reach 183 million metric tons. Increasing crop prices lead to increased fertilizer demands and has been especially noted in recent years in South Asia. Favorable weather also increases demand for fertilizers in major agricultural regions.
This statistic displays the potential global supply of urea fertilizer from 2014 to 2024. In 2024, the potential supply of urea fertilizers is expected to reach 203 million metric tons. Increasing crop prices lead to increased fertilizer demands and has been especially noted in recent years in South Asia. Favorable weather also increases demand for fertilizers in major agricultural regions.
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Explore the benefits and pricing dynamics of liquid urea fertilizers, particularly from IFFCO, a major player in agricultural inputs. Discover how this efficient, nitrogen-rich option supports farmers in enhancing crop yields while navigating factors like market demand and regulatory influences.
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Philippines Retail Price: Fertilizer: Urea: Northen Mindanao data was reported at 1,066.025 PHP/50 kg in Oct 2018. This records a decrease from the previous number of 1,068.000 PHP/50 kg for Sep 2018. Philippines Retail Price: Fertilizer: Urea: Northen Mindanao data is updated monthly, averaging 1,015.985 PHP/50 kg from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 1,902.120 PHP/50 kg in Sep 2008 and a record low of 837.000 PHP/50 kg in Aug 2017. Philippines Retail Price: Fertilizer: Urea: Northen Mindanao data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P002: Retail Price: Fertilizers.
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Philippines Retail Price: Fertilizer: Urea Cordillera Aministrative Region(CAR) data was reported at 1,015.417 PHP/50 kg in Oct 2018. This records an increase from the previous number of 992.370 PHP/50 kg for Sep 2018. Philippines Retail Price: Fertilizer: Urea Cordillera Aministrative Region(CAR) data is updated monthly, averaging 1,015.728 PHP/50 kg from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 1,966.670 PHP/50 kg in Sep 2008 and a record low of 864.370 PHP/50 kg in Jul 2017. Philippines Retail Price: Fertilizer: Urea Cordillera Aministrative Region(CAR) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P002: Retail Price: Fertilizers.
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Philippines Retail Price: Fertilizer: Urea: ARMM data was reported at 1,295.000 PHP/50 kg in Sep 2018. This stayed constant from the previous number of 1,295.000 PHP/50 kg for Aug 2018. Philippines Retail Price: Fertilizer: Urea: ARMM data is updated monthly, averaging 1,291.250 PHP/50 kg from Jan 2006 (Median) to Sep 2018, with 153 observations. The data reached an all-time high of 2,046.250 PHP/50 kg in Oct 2008 and a record low of 999.900 PHP/50 kg in Feb 2006. Philippines Retail Price: Fertilizer: Urea: ARMM data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P002: Retail Price: Fertilizers.
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Philippines Retail Price: Fertilizer: Urea: Ilocos Region data was reported at 1,016.250 PHP/50 kg in Oct 2018. This records an increase from the previous number of 1,014.000 PHP/50 kg for Sep 2018. Philippines Retail Price: Fertilizer: Urea: Ilocos Region data is updated monthly, averaging 979.380 PHP/50 kg from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 1,982.500 PHP/50 kg in Sep 2008 and a record low of 726.500 PHP/50 kg in Oct 2016. Philippines Retail Price: Fertilizer: Urea: Ilocos Region data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P002: Retail Price: Fertilizers.
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Explore the factors affecting urea fertilizer costs, including natural gas prices, global demand, transportation, and government policies. Understand how these variables impact agricultural production and food supply.
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Fertilizer prices continue to ramp up due to a shortage in supply caused by lower output in EU countries. High natural gas costs shape that growth because gas accounts for up to 80% of variable costs in nitrogen fertilizer production. Urea prices spiked exceptionally high to $900 per ton in November 2021, gaining 30% against the previous month. Phosphate rock price rose by 4%, while diammonium phosphate and triple superphosphate were both up by 8%. Next year, fertilizer prices are projected to climb further due to a continued shortage in supply, but if costs for natural gas maintain their downward trend, they will hold the price increases back.
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Synthetic nitrogen fertilizers such as urea are a necessity for food production, making them invaluable toward achieving global food security. Conventional manufacture of urea is conducted in centralized production plants at an enormous scale, with the subsequent prilled urea product distributed to the point-of-use. Despite consuming carbon dioxide in the synthesis, the overall process is carbon positive due to the use of fossil feedstocks, resulting in significant net emissions. Blue Urea could be produced using attenuated reaction conditions and hydrogen derived from renewable-powered electrolysis to produce a reduced-carbon alternative. This paper demonstrates the intensified production of urea and ammonium nitrate fertilizers from sustainable feedstocks, namely water, nitrogen, and carbon dioxide. Critically, the process can be scaled-down such that equipment can be housed in a standardized ISO container deployed at the point-of-use, delocalizing production and eliminating costs, and emissions associated with transportation. The urea and ammonium nitrate were synthesized in a semi-continuous process under considerably milder conditions to produce aqueous fertilizers suitable for direct soil application, eliminating the financial and energetic costs associated with drying and prilling. The composition of the fertilizers from this process were found to be free from contaminants, making them ideal for application. In growth studies, the synthesized urea and ammonium nitrate were applied under controlled conditions and found to perform comparably to a commercial fertilizer (Nitram). Crucially, both the synthesized fertilizers enhanced biomass growth, nitrogen uptake and leaf chlorophylls (even in depleted soils), strongly suggesting they would be effective toward improving crop yields and agricultural output. The Blue Urea concept is proposed for installation in ISO containers and deployment on farms, offering a turnkey solution for point-of-need production of nitrogen fertilizers.
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Urea increased 41.75 USD/T or 12.37% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urea.