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Urea fell to 355 USD/T on December 1, 2025, down 2.07% from the previous day. Over the past month, Urea's price has fallen 11.47%, but it is still 13.87% higher than a year ago, 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.
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Urea prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 172.99 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
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377 Global import shipment records of Prilled Urea In Bulk And HSN Code 3102 with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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The global agriculture urea market is experiencing robust growth, driven by the increasing demand for food and feed worldwide. The market, valued at approximately $80 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This expansion is fueled primarily by the rising global population, necessitating increased agricultural production to meet food security needs. The growing adoption of modern farming techniques, which often involve higher fertilizer application rates, also contributes significantly to market growth. Furthermore, the increasing use of urea as an animal feed additive, particularly in livestock farming, is bolstering market demand. Granular urea continues to dominate the market due to its ease of handling and application, although prilled urea maintains a significant share due to its lower production costs. Geographical segmentation reveals strong growth across several regions. Asia-Pacific, particularly China and India, represents a major market due to its vast agricultural sector and expanding livestock industry. North America and Europe also contribute significantly, although their growth rates might be slightly lower compared to the dynamic Asian markets. However, factors such as fluctuating raw material prices, stringent environmental regulations concerning nitrogen emissions, and the potential for alternative nitrogen fertilizers pose challenges to sustained market growth. Nevertheless, the overall outlook for the agriculture urea market remains positive, propelled by the ongoing need for enhanced agricultural productivity to feed a growing global population. Further research into sustainable urea production methods and efficient application techniques will be crucial in mitigating environmental concerns and supporting long-term market expansion. This comprehensive report provides an in-depth analysis of the global agriculture urea market, valued at approximately $70 billion in 2023. It examines key trends, growth drivers, challenges, and opportunities, offering valuable insights for industry stakeholders. The report features detailed segmentations by type, application, and geographic region, providing a granular understanding of market dynamics. Keywords: Urea fertilizer, granular urea, prilled urea, agriculture urea market, nitrogen fertilizer, urea price, urea production, urea demand, fertilizer industry.
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Discover the booming prilled urea market! This comprehensive analysis reveals key trends, growth drivers, and regional market shares, forecasting a robust CAGR through 2033. Learn about top players, applications (agriculture, feed additives, more), and future market projections. Invest wisely in this dynamic sector.
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The global urea market, valued at $117.85 billion in 2025, is poised for significant growth. While the exact CAGR is not provided, considering the widespread agricultural application of urea and the increasing global population demanding more food, a conservative estimate of 4% annual growth is reasonable, considering recent market trends and projections for fertilizer demand. This would place the market size at approximately $156 billion by 2033. Key drivers include rising global food demand, intensifying agricultural practices requiring higher fertilizer input, and the increasing use of urea in industrial applications like resins and pharmaceuticals. However, fluctuating energy prices (a significant input cost in urea production) and the increasing adoption of alternative nitrogen fertilizers pose considerable restraints. The market is segmented by type (granular and prilled urea) and application (agriculture and industrial), with agriculture dominating the consumption. Granular urea, offering ease of application and storage, currently holds a larger market share compared to prilled urea. Regional analysis reveals strong growth in Asia-Pacific, driven by large-scale farming practices in countries like India and China, while North America and Europe maintain significant market presence due to established agricultural infrastructure. The competitive landscape is dominated by global giants like Yara, CF Industries, and Nutrien, alongside several prominent Chinese manufacturers. These players are constantly innovating to improve production efficiency, reduce environmental impact, and develop sustainable urea solutions. The future of the urea market is influenced by factors such as government policies promoting sustainable agriculture, technological advancements in fertilizer efficiency, and the ongoing geopolitical landscape affecting energy and commodity prices. Companies are investing in research and development to enhance fertilizer efficiency, reducing the environmental footprint of urea production and increasing the value proposition for farmers. A focus on optimizing fertilizer application techniques, improving crop yields, and fostering collaborations across the value chain will be crucial in driving market expansion in the forecast period (2025-2033). The increasing demand for higher-quality, controlled-release urea formulations represents a significant opportunity for growth.
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The global prilled urea market is experiencing robust growth, driven by the increasing demand for fertilizers in agriculture, particularly in developing economies with expanding populations and arable land. The market size in 2025 is estimated at $50 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several factors including rising crop yields, government initiatives promoting agricultural productivity, and the increasing adoption of efficient farming techniques. The diverse applications of prilled urea beyond agriculture, such as in feed additives, metal polishing, and automotive exhaust treatment, further contribute to its market expansion. However, fluctuating raw material prices, environmental concerns related to nitrogen runoff, and the development of alternative nitrogen fertilizers pose challenges to sustained growth. The market is segmented by grade (feed, fertilizer, industrial) and application, with the agricultural sector dominating. Major players like QAFCO, Yara, Koch, SABIC, OCI, CF Industries, Nutrien, EuroChem, and others are competing through innovation in production technologies and geographical expansion to capitalize on this growth opportunity. The forecast period of 2025-2033 anticipates significant expansion across various regions. North America and Europe are expected to maintain a substantial market share, while the Asia-Pacific region, particularly China and India, is poised for substantial growth due to rapid agricultural development. The Middle East and Africa also represent an important market, driven by increasing agricultural investment. The competition among established players and emerging regional producers is intensifying, leading to strategic partnerships, mergers, and acquisitions to secure market share and enhance technological capabilities. Furthermore, the industry's focus is shifting towards sustainable production methods and reducing environmental impact, fostering innovation in fertilizer application techniques and reducing nitrogen losses. The market’s overall trajectory indicates continued, albeit moderated, growth over the forecast period, reflecting the balance between growing demand and existing challenges. This report provides a detailed analysis of the global prilled urea market, valued at approximately $60 billion in 2023, projecting robust growth to reach $80 billion by 2028. It offers in-depth insights into production, consumption, pricing trends, and key market players, focusing on critical aspects influencing the industry's future trajectory. The report incorporates data from leading producers like QAFCO, Yara, Koch, SABIC, OCI, CF Industries, and Nutrien, among others, analyzing their market share and strategic initiatives. This report is essential for investors, industry professionals, and researchers seeking a comprehensive understanding of the prilled urea landscape.
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Discover the latest insights on the booming agriculture urea market. This comprehensive analysis explores market size, CAGR, key players (Yara, CF Industries, Nutrien), regional trends (Asia Pacific, North America), and future growth projections (2025-2033) for granular and prilled urea in fertilizer and animal feed applications. Learn about market drivers, restraints, and emerging opportunities.
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Singapore Urea Market Size 2025-2029
The urea market in Singapore size is forecast to increase by 3.57 thousand at a CAGR of 2.8% between 2024 and 2029.
The market is experiencing significant growth, driven by the expansion of regional trade and export activities. This trend is fueled by the increasing demand for urea, particularly in the agricultural sector, where it serves as a crucial nitrogen source for enhancing crop productivity. Additionally, the emergence of nano urea, a more efficient and environmentally-friendly form of urea, is gaining traction in the market. However, price volatility poses a challenge to market growth, as fluctuations in the cost of raw materials and logistics can impact the profitability of urea producers and distributors.
To stay competitive, market players must closely monitor these trends and adapt to the evolving market landscape. By exploring deeper insights into the Urea market's dynamics, businesses can gain a strategic advantage and capitalize on opportunities for growth.
What will be the Size of the Market During the Forecast Period?
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The Singapore urea market is characterized by the intersection of waste management, renewable energy, and plant science. Coal-based urea production, a significant contributor to the market, faces increasing pressure from emissions mitigation efforts. Crop nutrient requirements drive demand for urea-ammonium nitrate and organic fertilizers, with farmer education crucial for optimal nutrient uptake. Renewable energy sources, such as natural gas, reduce the carbon footprint of ammonia production. Integrated nutrient management, including nitrogen fixation and plant growth regulators, is gaining traction in the circular economy. Urea hydrolysis and ammonium bicarbonate offer alternatives to synthetic fertilizers, while wholesale distribution and retail channels ensure wide availability.
Water quality concerns and nitrogen use efficiency are key challenges, as are energy consumption and greenhouse gas emissions. Agricultural research focuses on improving soil health and reducing fertilizer application rates. The market dynamics of the Singapore urea market are shaped by these trends and challenges, making it an intriguing space for business readers.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD thousand' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Granular urea
Prilled urea
Liquid urea
Urea-ammonium nitrate (UAN) solution
End-user
Agriculture
Chemicals and manufacturing
Automotive
Pharmaceuticals
Distribution Channel
Bulk Suppliers
Retail
Online Platforms
Geography
APAC
Singapore
By Type Insights
The granular urea segment is estimated to witness significant growth during the forecast period.
In the agricultural sector of Singapore, urea, a vital component of fertilizers, plays a significant role in enhancing crop productivity for cash crops such as food and rubber. The market is characterized by a complex supply chain, involving production, synthesis, and distribution. Urea is primarily produced through the ammonia synthesis process, which involves the conversion of nitrogen from the air into ammonia and subsequent reaction with carbon dioxide to form urea. Urea fertilizer is a crucial input for precision farming, a modern agricultural approach that employs digital technology, remote sensing, and soil analysis to optimize nutrient management and reduce emissions.
Urea's nitrogen content, which stands at 46%, makes it an essential nutrient for various food crops and palm oil plantations. Urea's versatility is evident in its application methods, including broadcast application, granular application, and controlled-release urea for sustainable agriculture. Price fluctuations, economic factors, and trade agreements influence the urea market's dynamics. Urea imports and exports contribute to the market's volatility, with Singapore being a significant importer of urea due to its limited production capacity. Government policies and environmental regulations also impact the market, with a focus on energy efficiency, emissions reduction, and sustainability initiatives. Urea manufacturing companies prioritize these factors to meet the evolving demands of the agricultural sector and maintain a competitive edge.
Data analytics and yield forecasting are integral to optimizing crop productivity and managing demand and supply effectively. Urea plants employ advanced technologies such as digital agriculture and smart farming to improve yield and reduce waste. The distribution network plays a crucial role in ensuring the timely delivery of urea to farmers, with storage facilities strategically located to cater
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Discover the booming global agriculture urea market! This in-depth analysis reveals a market exceeding $50 billion in 2025, projected to grow at a significant CAGR, driven by rising food demands and technological advancements. Explore key trends, regional insights, and leading companies shaping this dynamic industry.
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View monthly updates and historical trends for US Urea Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.
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676 Global export shipment records of Prilled Urea with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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The global urea prill market is experiencing robust growth, driven by escalating demand from key sectors like agriculture and automotive. The market's expansion is fueled by the increasing global population, leading to a higher demand for food production and consequently, fertilizers like urea. The automotive industry's utilization of urea in selective catalytic reduction (SCR) systems for emission control is also a significant contributor to market growth. Furthermore, the expanding chemical industry's reliance on urea as a raw material for various applications further bolsters market size. While specific figures for market size and CAGR are unavailable, a reasonable estimation, considering the global fertilizer market trends and the significant role of urea, would place the 2025 market size in the range of $15-20 billion USD, with a CAGR between 3-5% for the forecast period (2025-2033). This growth, however, may face constraints including fluctuating raw material prices (natural gas being a key component), stringent environmental regulations, and the development of alternative technologies for nitrogen fertilization. The market segmentation by application (agriculture dominating) and type (feed grade and fertilizer grade holding significant shares) provides valuable insights into market dynamics, allowing for targeted strategies by market players. Geographical analysis indicates significant contributions from regions like North America, Europe, and Asia Pacific, driven by strong agricultural activities and automotive production in these regions. The competitive landscape is marked by both established players like Yara, Koch, and CF Industries, and regional manufacturers. These companies employ various strategies including mergers and acquisitions, capacity expansions, and geographical diversification to maintain and strengthen their market positions. The market is poised for continued growth, but success will depend on adapting to changing regulatory landscapes, managing supply chain complexities associated with raw materials and transportation, and developing sustainable and cost-effective urea production processes. The future will likely see a focus on improving efficiency, reducing environmental impact, and exploring novel applications of urea to maintain its position as a critical chemical in various industrial sectors.
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The granular urea market is anticipated to exhibit a steady growth, reaching a market size of 14.4 billion by 2033, expanding at a CAGR of 3.19% during the forecast period of 2025-2033. The market's growth is primarily attributed to the increasing demand for urea as a fertilizer in the agricultural sector. Urea's high nitrogen content makes it an effective and widely used fertilizer for crop production, contributing to the overall market expansion. The granular urea market is segmented based on form, grade, application, end-use industry, and distribution channel. Prilled urea and granular urea are the two main forms of urea available in the market, with granular urea holding a larger market share due to its ease of handling and application. Standard grade and high grade are the two main grades of urea, with standard grade being more commonly used in agricultural applications. Fertilizers, feed additives, and other applications drive the demand for urea. Agriculture is the primary end-use industry for urea, followed by the construction and chemical industries. Direct sales, retail sales, and online sales are the major distribution channels for granular urea. Key players in the market include EuroChem Group AG, Indian Farmers Fertiliser Cooperative Limited (IFFCO), and Nutrien Ltd., among others. Recent developments include: The granular urea market is projected to reach USD 19.1 billion by 2032, exhibiting a CAGR of 3.19% from 2024 to 2032. The increasing demand for urea fertilizers in agriculture, particularly in developing countries, is driving the market growth. Urea is a highly concentrated nitrogen fertilizer that is essential for crop production, and granular urea is a preferred form due to its ease of application and storage. The growing population and rising food demand are also contributing to the market expansion. However, factors such as fluctuations in raw material prices and environmental concerns may restrain market growth to some extent. Recent developments in the market include the adoption of precision farming techniques and the development of controlled-release urea fertilizers.. Key drivers for this market are: Increasing demand from the agriculture sector Expanding use in the fertilizer industry Growing demand in developing economies Government initiatives for sustainable agriculture. Potential restraints include: Key Market DynamicsRising population and urbanization Increased demand for high-yield fertilizers Fluctuating prices of raw materials Government subsidies and policies Emerging markets opportunities.
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The global prilled urea market is experiencing robust growth, driven by the increasing demand for fertilizers in agriculture, particularly in developing economies experiencing population growth and rising food consumption. The market size in 2025 is estimated at $45 billion, reflecting a substantial increase from previous years. Assuming a conservative Compound Annual Growth Rate (CAGR) of 4% between 2025 and 2033, the market is projected to reach approximately $65 billion by 2033. This growth trajectory is fueled by several key factors, including advancements in fertilizer technology leading to higher efficiency and yield, governmental initiatives promoting agricultural development, and increasing adoption of modern farming practices. However, the market faces challenges such as fluctuating raw material prices (natural gas being a key component), stringent environmental regulations concerning nitrogen emissions, and potential geopolitical instability affecting supply chains. Major players like QAFCO, Yara, Koch, SABIC, OCI, and CF Industries dominate the market, leveraging their extensive production capacity and global distribution networks. However, the rise of regional players in countries like China and India, coupled with ongoing investments in new production facilities, is expected to intensify competition. Future growth will likely be shaped by innovation in sustainable fertilizer production methods, strategic partnerships aimed at improving supply chain resilience, and targeted marketing strategies focusing on specific agricultural needs across diverse geographical regions. The focus will shift towards enhancing fertilizer efficiency and reducing the environmental impact of urea production, leading to increased demand for prilled urea formulations that offer improved nutrient uptake and reduced nitrogen loss.
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Global Prilled Urea market size 2025 was XX Million. Prilled Urea Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 13.1(USD Billion) |
| MARKET SIZE 2025 | 13.5(USD Billion) |
| MARKET SIZE 2035 | 18.5(USD Billion) |
| SEGMENTS COVERED | Application, Form, End Use, Distribution Channel, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | rising livestock production, increasing demand for protein, environmental regulations and impact, fluctuations in raw material prices, technological advancements in production |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Linde, Nutrien, OCI Nitrogen, EuroChem, K+S Aktiengesellschaft, Agrium, ChemChina, Yara International, Israel Chemicals Limited, Grupo Fertiberia, Mosaic Company, Jiangsu Yangnong Chemical Group, BASF, TogliattiAzot, CF Industries |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Increasing demand for livestock feed, Expansion in aquaculture sector, Rising awareness of animal nutrition, Growth in organic farming practices, Development of sustainable fertilizer alternatives |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.2% (2025 - 2035) |
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2024 |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2023 | 76.09(USD Billion) |
| MARKET SIZE 2024 | 78.88(USD Billion) |
| MARKET SIZE 2032 | 105.2(USD Billion) |
| SEGMENTS COVERED | Crop Type ,Form ,Application Method ,End Use ,Regional |
| COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
| KEY MARKET DYNAMICS | Growing Demand from Emerging Markets Fluctuating Raw Material Prices Environmental Concerns Government Regulations Technological Advancements |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Indian Farmers Fertiliser Cooperative Limited (IFFCO) ,CF Industries Holdings, Inc. ,Koch Fertilizer, LLC ,EuroChem Group AG ,OCP Group ,Mosaic Company ,Krishak Bharati Cooperative Limited (KRIBHCO) ,Coromandel International Limited ,National Fertilizers Limited (NFL) ,Nutrien Ltd. ,Yara International ASA ,URALCHEM Holding Plc ,SABIC ,BASF SE |
| MARKET FORECAST PERIOD | 2025 - 2032 |
| KEY MARKET OPPORTUNITIES | 1 Increasing demand in developing regions 2 Growing awareness of its importance in crop production 3 Increase in global population and food demand 4 Expansion of irrigated agriculture 5 Government subsidies and support programs |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.66% (2025 - 2032) |
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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 4.00% from 2025 to 2033. This growth is primarily driven by the increasing demand for fertilizers in developing economies experiencing rapid agricultural expansion and population growth. Factors such as rising crop yields, government initiatives promoting agricultural development, and the increasing adoption of advanced farming techniques further contribute to the market's expansion. However, the market faces challenges including fluctuating raw material prices (natural gas being a key component), stringent environmental regulations aimed at reducing nitrogen emissions, and the potential for substitution by alternative nitrogen fertilizers. Competition among established players like Coromandel International Ltd, CF Industries Holdings Inc, Koch Industries Inc, Indian Farmers Fertiliser Cooperative Limited, EuroChem Group, SABIC Agri-Nutrients Co, Yara International AS, OCI NV, and Nutrien Ltd, is intense, leading to pricing pressures and a focus on innovation and efficiency improvements across the value chain. The market is segmented based on various factors, including application (agriculture, industrial), type (prilled, granular), and region. Future growth will likely be concentrated in regions with significant agricultural potential and supportive government policies. The forecast period (2025-2033) anticipates continued growth, though the pace might fluctuate depending on global economic conditions and agricultural output. The historical period (2019-2024) likely exhibited variations influenced by factors such as weather patterns impacting crop yields and global energy prices affecting production costs. Companies are focusing on sustainable production practices and developing new formulations to meet the growing demand while mitigating environmental concerns. Strategic partnerships, mergers, and acquisitions are anticipated as major players strive to consolidate their market positions and expand their geographic reach. The market's trajectory hinges on maintaining a balance between meeting the rising food production needs and addressing environmental sustainability concerns. Innovation in fertilizer technology and efficient distribution networks will play a crucial role in shaping the urea market’s future. Key drivers for this market are: Awareness of Landscaping Maintenance, Technological Advancements. Potential restraints include: Shortage of Skilled Labor, Wastage of High Amount of Water For Irrigating Lawns. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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Urea fell to 355 USD/T on December 1, 2025, down 2.07% from the previous day. Over the past month, Urea's price has fallen 11.47%, but it is still 13.87% higher than a year ago, 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.