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.

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

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.

View monthly updates and historical trends for Black Sea Urea Spot Price. Source: World Bank. Track economic data with YCharts analytics.

Urea price soared by +46% in October 2021, reaching $612.5 per ton, according to the latest World Bank's data. The spike was caused by a sharp slump in the world's production, as many producers have suspended manufacturing owing to skyrocketing natural gas prices and energy resource shortages. Russia, China and Egypt remain the key urea suppliers, while India, Brazil and the U.S. lead the world import ranking.

View monthly updates and historical trends for US Urea Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

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.

57 Global import shipment records of Urea 46 with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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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

View details of Urea 46 imports shipment data of HS code 31021000 to India from Iran with price, date, major Indian ports, importers, buyers in India, quantity and more.

According to the urea procurement report, global urea consumption is seeing substantial growth, driven by its extensive use in agricultural services as a nitrogen-based fertilizer to enhance crop yields and meet the increasing food demand due to a growing population. Urea contains 46% nitrogen. With the global population projected to reach approximately 9.7 billion by 2050, up from 8 billion in 2022, the demand for food and category management is expected to rise.

532 Global export shipment records of Urea 46 with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

View details of Urea 46 imports shipment data to India from Kuwait in June with price, HS codes, major Indian ports, importers, buyers, quantity and more.

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View details of Urea 46 imports shipment data to India from Algeria with price, date, HS codes, major Indian ports, importers, buyers in India, quantity and more.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

In 2024, after two years of growth, there was significant decline in the Moroccan urea market, when its value decreased by -32.8% to $31M. In general, the total consumption indicated notable growth from 2012 to 2024: its value increased at an average annual rate of +3.0% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Urea consumption peaked at $46M in 2023, and then contracted markedly in the following year.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.