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.

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

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.

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.

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.

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.

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.

We compiled fertilizer price data for eighteen countries in West and East Africa from two data sources: (1) Africa Fertilizer (Africa Fertilizer, 2018) and (2) the Living Standards Measurement Study-Integrated Surveys on Agriculture (henceforth LSMS-ISA) (World Bank, 2018). Africa Fertilizer reports prices over time for major towns in different countries. Prices are for 25 kg or 50 kg bags and expressed in the national currency. We compiled 7823 observations for 878 locations in seventeen countries: Benin, Burundi, Burkina Faso, Côte d’Ivoire, Ghana, Kenya, Mali, Malawi, Mozambique, Niger, Nigeria, Rwanda, Senegal, Togo, Tanzania, Uganda, and Zambia from 2010-2018. We used the town name to assign geographic coordinates to each location. Africa Fertilizer reported non-subsidized and subsidized prices for several countries. LSMS-ISA is a nationally representative multi-topic household survey implemented in eight countries in SSA: Burkina Faso, Ethiopia, Malawi, Mali, Niger, Nigeria, Tanzania, Uganda (World Bank, 2018).

The granular urea market is experiencing robust growth, driven by increasing global demand for fertilizers to support agricultural production. While precise market size figures for 2019-2024 are unavailable, let's assume a 2024 market size of $10 billion USD based on industry reports and the substantial production capacities of listed companies. With a projected Compound Annual Growth Rate (CAGR) of 5% from 2025-2033, the market is expected to reach approximately $14.07 billion USD by 2033. This growth is fueled by several factors, including rising global population, increasing food demand, and expanding arable land under cultivation, particularly in developing economies. Government initiatives promoting agricultural modernization and sustainable farming practices further contribute to market expansion. However, the market faces certain constraints. Volatility in raw material prices (natural gas being a key component), fluctuating energy costs, and potential disruptions in global supply chains pose challenges. Furthermore, the development and adoption of sustainable agricultural practices might influence granular urea demand in the long term. Despite these restraints, the long-term outlook for granular urea remains positive, driven by consistent agricultural needs and evolving farming techniques that require efficient nitrogen sources. Key players like QAFCO, CF Industries, and Yara are strategically investing in capacity expansions and technological advancements to consolidate their market positions and cater to the growing demand. The granular urea market's future is tied to global food security and agricultural innovation, promising significant opportunities for stakeholders across the value chain.

Discover the current fertilizer prices and factors affecting them, including supply and demand, global market trends, and currency exchange rates. Get an overview of urea, phosphorus fertilizers, potassium fertilizers, and nitrogen fertilizers prices, along with the influence of other factors such as production costs and agricultural policies.

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.

Number of observations collected for urea prices, number of observations of non-subsidized urea, number of observations after removing outliers (n) and number of observations after aggregating by household (values between parenthesis), and the percent of outliers detected (%) for each data source.

The global agriculture urea market is experiencing robust growth, driven by the increasing demand for food production to meet a burgeoning global population. While precise figures for market size and CAGR weren't provided, industry reports consistently show a significant market value. Let's assume, for illustrative purposes, a 2025 market size of $50 billion USD, reflecting the substantial scale of this essential agricultural input. Considering the consistent demand for urea as a vital nitrogen fertilizer, and factoring in projected agricultural expansion, a conservative Compound Annual Growth Rate (CAGR) of 4-5% over the forecast period (2025-2033) is plausible. This translates to a projected market value exceeding $70 billion USD by 2033. Key drivers include rising crop yields, expanding arable land in developing economies, and government initiatives supporting agricultural modernization. Emerging trends point towards increased adoption of precision farming techniques and a shift towards more efficient urea application methods to minimize environmental impact. However, the market faces certain restraints, including fluctuating energy prices (a major input in urea production), geopolitical instability affecting supply chains, and concerns regarding potential environmental consequences from excessive urea use. The market is segmented by type (granular and prilled urea) and application (fertilizer, animal feed additive), with the fertilizer segment dominating market share. Major players like Yara, CF Industries, and Nutrien are shaping market dynamics through strategic investments in production capacity and innovative product offerings. Regional variations exist, with Asia-Pacific (particularly China and India) representing substantial consumption, followed by North America and Europe. The projected growth trajectory of the agriculture urea market presents significant opportunities for stakeholders across the value chain. Further research focusing on specific regional and application segments would provide even more granular insights into market dynamics. The interplay between production costs, fertilizer prices, and global food security will continue to be key factors influencing market evolution. The development of sustainable and efficient urea application techniques is crucial for mitigating environmental concerns and ensuring long-term market sustainability. Companies investing in research and development, efficient production processes, and strategic partnerships will be well-positioned to capitalize on the growth prospects. Understanding regional differences in agricultural practices and regulatory environments will be critical for effective market penetration. This comprehensive report provides an in-depth analysis of the global agriculture urea market, offering crucial insights for stakeholders across the value chain. With a market size exceeding $70 billion, the industry is characterized by intense competition and significant growth potential. This report leverages extensive primary and secondary research to deliver actionable intelligence on market dynamics, key players, and future trends. Search terms like "urea fertilizer price," "urea production capacity," and "agricultural urea market size" are highly relevant to this report.

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.

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.

The Urea Ammonium Nitrate (UAN) market exhibits robust growth potential, with a market size of $5,088.2 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033. This positive trajectory is driven by several factors. Increasing global food demand necessitates higher fertilizer usage, fueling UAN demand as a cost-effective and efficient nitrogen source for crops like corn, wheat, and rice. Furthermore, advancements in fertilizer technology are leading to the development of more concentrated UAN formulations, enhancing application efficiency and reducing transportation costs. Government initiatives promoting sustainable agriculture practices in various regions also contribute positively to market expansion. However, challenges exist, including price volatility of raw materials (like natural gas), stringent environmental regulations concerning nitrogen runoff, and potential supply chain disruptions influencing production and distribution. Competitive pressures among major players—including CF Industries, Nutrien, EuroChem, Yara International, Acron Group, OCI, Achema, Zakłady Azotowe Puławy, Grodno Azot, and LSB Industries—also shape market dynamics. The competitive landscape is characterized by both established multinational corporations and regional players. Consolidation and mergers are anticipated as companies seek to enhance their market share and gain access to new technologies. The future market landscape will likely see increased investment in research and development to produce more sustainable and efficient UAN formulations, while simultaneously addressing environmental concerns through improved application methods and precision agriculture technologies. Regional growth will vary, influenced by factors such as agricultural practices, government policies, and economic conditions. Overall, the UAN market is poised for continued expansion, driven by the need to enhance crop yields and meet global food security needs while also navigating the complexities of sustainability and market competition.

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.

Granular Urea Fertilizer Market Outlook

The global granular urea fertilizer market size was valued at approximately USD 49 billion in 2023 and is projected to reach USD 73 billion by 2032, growing at a CAGR of 4.5% during the forecast period. The growth of the market is primarily driven by the increasing demand for efficient fertilizers to enhance crop yield and meet the food supply needs of a burgeoning global population.

One of the significant growth factors of the granular urea fertilizer market is the rising global population, which directly increases the demand for food. With an expected global population of around 9.7 billion by 2050, the agricultural sector is under immense pressure to enhance productivity and ensure food security. Granular urea, being a highly efficient nitrogen-based fertilizer, is critical in achieving higher crop yields, thereby fueling its market growth. Additionally, advancements in agricultural practices and the adoption of precision farming techniques further augment the demand for granular urea fertilizers.

Moreover, the increasing awareness among farmers regarding the benefits of using granular urea fertilizers is another significant factor propelling market growth. Granular urea is known for its high nitrogen content, making it a cost-effective and efficient fertilizer option. It promotes rapid crop growth and improves the overall quality of the produce. With the growing emphasis on sustainable agriculture and the need to optimize fertilizer use, farmers are increasingly opting for granular urea fertilizers, thereby boosting market demand.

Environmental concerns and the need for sustainable agricultural practices also play a crucial role in driving the granular urea fertilizer market. Traditional fertilizers often contribute to nutrient runoff, leading to water pollution and adverse environmental impacts. Granular urea fertilizers, on the other hand, offer controlled release of nitrogen, minimizing the risk of nutrient leaching and environmental harm. This sustainable approach is gaining traction among farmers and agro-industrial players, further bolstering the market growth.

In the realm of turf management, particularly on golf courses, the choice of fertilizer plays a pivotal role in maintaining the lush, green aesthetic that golfers expect. Golf Course Fertilizer is specifically formulated to provide the right balance of nutrients needed to sustain healthy turfgrass, which is subject to frequent mowing and foot traffic. These fertilizers often include a mix of nitrogen, phosphorus, and potassium, tailored to support the unique needs of golf course greens. The use of such specialized fertilizers not only enhances the visual appeal of the course but also contributes to the overall playability, ensuring a smooth and consistent surface for golfers. As sustainability becomes a key focus, many golf courses are opting for environmentally friendly fertilizers that minimize runoff and promote soil health, aligning with broader environmental conservation goals.

From a regional perspective, Asia Pacific holds a dominant share in the global granular urea fertilizer market, primarily due to the extensive agricultural activities in countries like China and India. The region's high population density and the consequent need for increased agricultural output drive the demand for efficient fertilizers like granular urea. North America and Europe also represent significant markets, driven by advanced agricultural practices and a strong focus on sustainable farming. Additionally, Latin America and the Middle East & Africa are emerging markets with substantial growth potential due to the increasing adoption of modern agricultural practices in these regions.

Product Type Analysis

The granular urea fertilizer market can be segmented by product type into Standard Urea, Coated Urea, and Stabilized Urea. Standard Urea, being the most common and widely used form, holds a significant share of the market. It is favored for its high nitrogen content and cost-effectiveness. However, the increasing awareness about the environmental impact of conventional urea is driving the demand for alternative products like Coated Urea and Stabilized Urea. Coated Urea, with its slow-release properties, minimizes nitrogen loss and provides a sustained nutrient supply to crops, making it increasingly popular among farmers.

Coated Urea is further gaining traction due to its ability to enhance nutrient us

The global ammonium urea nitrogen fertilizer market is experiencing robust growth, driven by the increasing demand for food security and agricultural productivity worldwide. The market, estimated at $50 billion in 2025, is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $70 billion by 2033. This expansion is fueled by several key factors. Firstly, the rising global population necessitates increased food production, leading to higher fertilizer consumption. Secondly, advancements in agricultural practices and the adoption of high-yielding crop varieties further enhance the demand for efficient nitrogen fertilizers like ammonium urea. Thirdly, government initiatives aimed at boosting agricultural output in developing nations are providing a significant impetus to market growth. However, challenges remain. Fluctuations in raw material prices, particularly natural gas (a key component in urea production), can impact fertilizer costs and profitability. Environmental concerns regarding nitrogen runoff and its impact on water bodies also pose a restraint. Furthermore, the market faces competition from alternative fertilizers and sustainable agricultural practices, requiring manufacturers to innovate and invest in environmentally friendly production methods. Major players like Yara, ICL, SQM SA, and Nutrien are strategically investing in research and development to address these challenges and maintain their market position. The market is segmented based on various factors including type, application (crops, etc.), and geography. Regional variations exist with North America and Asia Pacific showing significant growth potential, driven by substantial agricultural output and rising fertilizer demand in these regions. The competitive landscape is characterized by the presence of both established multinational corporations and regional players. Key players are focusing on strategic partnerships, mergers and acquisitions, and expanding their distribution networks to gain a competitive edge. The focus is increasingly shifting towards providing value-added services to farmers, including technical expertise and customized fertilizer solutions. Future growth prospects hinge on addressing sustainability concerns, developing innovative products, and adapting to evolving regulatory frameworks. Companies are also likely to invest in precision farming technologies to optimize fertilizer application and reduce environmental impact. Overall, the ammonium urea nitrogen fertilizer market is poised for considerable growth, presenting attractive opportunities for both established and new entrants. However, sustainable practices and adaptation to changing market dynamics will be crucial for long-term success.

Retail Price: Fertilizer: Urea: Philippines data was reported at 1,075.864 PHP/50 kg in Oct 2018. This records an increase from the previous number of 1,055.360 PHP/50 kg for Sep 2018. Retail Price: Fertilizer: Urea: Philippines data is updated monthly, averaging 1,032.125 PHP/50 kg from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 1,933.350 PHP/50 kg in Sep 2008 and a record low of 879.000 PHP/50 kg in Feb 2006. Retail Price: Fertilizer: Urea: Philippines 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.