Urea rose to 435 USD/T on July 11, 2025, up 3.57% from the previous day. Over the past month, Urea's price has risen 20.50%, and is up 38.76% compared to the same time last year, 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.

Urea prices in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 171.18 USD per metric ton with a minimum of 16 USD per metric ton in January 1971 and a maximum of 925 USD per metric ton in April 2022. | TheGlobalEconomy.com

In September 2022, the urea price stood at $565 per ton (CIF, India), declining by -4.3% against the previous month.

This dataset includes monthly prices measured in dollars per ton (except Tampa ammonia) by region.

Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Tampa ammonia prices are quoted CFR (i.e., includes transportation to the destination port) per metric ton.

Regional Definitions are available from Green Markets (https://fertilizerpricing.com/about/pricing-notations/).

The monthly average prices are derived from weekly reports with permission from Green Markets, a Bloomberg Company.

Global fertilizer prices experienced significant volatility in 2022, with diammonium phosphate (DAP) reaching a peak of *** U.S. dollars per metric ton in April before declining to *** 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 2021.

Australia Farm Inputs Price: Fertiliser: Urea data was reported at 405.360 AUD/Ton in 2019. This records a decrease from the previous number of 414.625 AUD/Ton for 2018. Australia Farm Inputs Price: Fertiliser: Urea data is updated yearly, averaging 216.527 AUD/Ton from Jun 1971 (Median) to 2019, with 49 observations. The data reached an all-time high of 585.244 AUD/Ton in 2008 and a record low of 81.000 AUD/Ton in 1972. Australia Farm Inputs Price: Fertiliser: Urea data remains active status in CEIC and is reported by Australian Bureau of Agricultural and Resource Economics and Sciences. The data is categorized under Global Database’s Australia – Table AU.P002: Agricultural Commodity Prices.

In July 2022, the urea price per ton stood at $532 per ton, shrinking by -5.7% against the previous month.

Sri Lanka Wholesale Price: Chemicals: Urea data was reported at 7,000.000 LKR/Metric Ton in 2017. This stayed constant from the previous number of 7,000.000 LKR/Metric Ton for 2016. Sri Lanka Wholesale Price: Chemicals: Urea data is updated yearly, averaging 7,000.000 LKR/Metric Ton from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 15,631.000 LKR/Metric Ton in 2003 and a record low of 6,442.000 LKR/Metric Ton in 1999. Sri Lanka Wholesale Price: Chemicals: Urea data remains active status in CEIC and is reported by Central Bank of Sri Lanka. The data is categorized under Global Database’s Sri Lanka – Table LK.P003: Wholesale Price: By Commodity: Annual.

This dataset includes price spreads (Cornbelt price minus New Orleans, LA price) measured in dollars per ton. New Orleans is a key fertilizer-pricing hub, and the Cornbelt is a large user of fertilizer due to the region's substantial row crop production. The price spread (Cornbelt minus New Orleans) can reflect transportation costs and other local supply and demand factors.

Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Cornbelt states include Ohio, Indiana, Illinois, Iowa, Missouri, and Nebraska.

The monthly average prices are derived from weekly reports with permission from Green Markets, a Bloomberg Company.

During the second quarter, the Urea Resin in the USA declined compared with the first quarter. A marginal downturn was observed in April along with the substantial decline in May and June

In May 2022, the urea price per ton amounted to $704 per ton, surging by 70% against the previous month.

Egypt Industrial Factor Price: Avg: CP: Fertilizers: Urea: 46% data was reported at 278,145.000 0.01 EGP/Ton in Oct 2017. This stayed constant from the previous number of 278,145.000 0.01 EGP/Ton for Jul 2017. Egypt Industrial Factor Price: Avg: CP: Fertilizers: Urea: 46% data is updated quarterly, averaging 59,000.000 0.01 EGP/Ton from Jan 1995 (Median) to Oct 2017, with 92 observations. The data reached an all-time high of 278,145.000 0.01 EGP/Ton in Oct 2017 and a record low of 46,500.000 0.01 EGP/Ton in Apr 1996. Egypt Industrial Factor Price: Avg: CP: Fertilizers: Urea: 46% data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.P004: Average Industrial Factor Price.

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.

In December 2023, the price of urea-formaldehyde resin in the USA reached 688 USD/MT. In China, the price trend for urea-formaldehyde resin settled at 627 USD/MT in December 2023. The price of urea-formaldehyde resin in Germany touched 634 USD/MT by the end of December 2023.

The global urea market, valued at approximately $XX million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 1.81% from 2025 to 2033. This growth is driven by several factors, including the rising global population and the consequent increasing demand for food, which fuels the need for fertilizers in agriculture. Furthermore, advancements in agricultural practices, particularly in developing economies, are promoting higher urea consumption. The expanding chemical and automotive industries also contribute to the market's growth, albeit at a smaller scale compared to agricultural applications. However, the market faces restraints such as fluctuating energy prices, impacting production costs, and environmental concerns surrounding nitrogen runoff from excessive fertilizer use. Stringent environmental regulations and a push towards sustainable agricultural practices are influencing the industry to adopt more efficient application methods and explore alternative nitrogen sources, leading to a more nuanced growth trajectory. Market segmentation reveals that the agricultural sector dominates urea consumption, followed by the chemical industry. Key players like Acron, BASF SE, CF Industries, and Yara hold significant market shares, engaging in fierce competition through product innovation and strategic partnerships to solidify their positions. Regional analysis reveals strong growth potential in Asia-Pacific, driven by the burgeoning agricultural sectors of China and India, alongside other emerging economies within the ASEAN region. The competitive landscape is characterized by both established multinational corporations and regional players. These companies are adopting diverse strategies, including mergers and acquisitions, capacity expansions, and technological advancements, to remain competitive. The forecast period (2025-2033) will likely witness increased focus on sustainable and efficient urea production methods, driven by both environmental regulations and economic considerations. Companies are also focusing on developing value-added products and exploring new application areas to diversify their revenue streams. The overall market growth is anticipated to be influenced by global economic conditions, geopolitical events, and the effectiveness of sustainable agricultural practices adopted globally. Understanding these dynamic factors is critical for navigating the evolving urea market and capitalizing on growth opportunities. Recent developments include: November 2022: OCI NV invested USD 5 billion to expand its East Texas complex. The company plans to add a plant that uses ammonia and carbon dioxide to make 2,200 metric tons of urea daily., June 2022: Pupuk Kaltim announced its plans to expand its operations by building a factory in West Papua's Bintuni Bay in Indonesia that will produce urea, increasing its overall production capacity., May 2022: Indian Farmers' Fertiliser Cooperative Limited (IFFCO) expanded its business by installing the first IFFCO nano urea (liquid) production unit at Kalol, Gujarat, India, with an investment of INR 175 crore (~USD 21.52 million).. Key drivers for this market are: High Applicability of Technical Grade Urea, Increasing Demand from the Automotive Sector; Increasing Usage in the Fertilizers Segment. Potential restraints include: High Applicability of Technical Grade Urea, Increasing Demand from the Automotive Sector; Increasing Usage in the Fertilizers Segment. Notable trends are: Agriculture Segment to Dominate the Market.

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 *** 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.

The price of Urea in Brazil, CIF, was $324 per ton in June 2023, showing a decrease of -2.7% compared to the previous month.

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.

In December 2022, the urea price was recorded as $645 per ton (CIF, Mexico), a decrease of 1.5% compared to the previous month.