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.

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 , 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

In Q3 2025, North America, the Urea Price Index fell by 4.9% quarter-over-quarter, reflecting demand weakness, ample supply. Check detailed insights for Europe, MEA, South America and APAC.

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

Get the latest insights on price movement and trend analysis of Urea in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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

Urea prices in China fell from $360/T in Dec 2023 to $255/T in Dec 2024. Get 2025 forecast, trends & insights from Expert Market Research.

The global urea market size was USD 98.9 billion in 2024 & is projected to grow from USD 103.2 billion in 2025 to USD 154.1 billion by 2033.
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The average retail price of granular urea amounted to about 1,581 Philippine pesos per 50-kilogram bag as of December 2024. The average retail price of urea peaked in 2021 and 2022.

Discover the latest trends and insights on the global urea market. Explore growth drivers, restraints, regional analysis, and key players shaping the future of this $XX million industry, projected to reach $XX million by 2033 with a 1.81% CAGR. Learn about fertilizer, feed, and industrial applications. 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.

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.

In May 2025, the average urea import price amounted to $312 per ton, declining by -29.5% against the previous month.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Urea (WPU0652013A6) from Jan 1959 to Dec 2014 about chemicals, production, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

The global urea market reached a volume of 177.21 MMT in 2024. It is expected to grow at a CAGR of 0.90% between 2025 and 2034 driven by the growing demand as a fertiliser from the agriculture sector. The market is expected to reach a volume of 193.82 MMT in 2034.

In May 2025, the average urea import price amounted to $429 per ton, declining by -45.8% against the previous month.

Subsidized urea price (median-USD kg-1), percentage of the non-subsidized urea price, and number of observations per country (values between parenthesis). Slope (USD kg-1) of the regression models between subsidized and non-subsidized prices.

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.

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.