Urea increased 41.75 USD/T or 12.37% since the beginning of 2025, 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.

During the last quarter of 2024, the urea prices in the United States reached 361 USD/MT in December. The market across the country demonstrated a stable equilibrium between supply constraints and industrial demand. After a little increase in October, prices leveled out as reduced agricultural purchasing offset varying feedstock costs.

Explore IMARC’s newly published report, titled “Urea Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of urea pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Global fertilizer prices experienced significant volatility in 2022, with diammonium phosphate (DAP) reaching a peak of 954 U.S. dollars per metric ton in April before declining to 625 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 of 2021.

In 2023, purchases abroad of urea decreased by -2% to 4.8M tons, falling for the second year in a row after two years of growth.

Have timely access to reliable Urea Ammonium Nitrate prices covering 4 locations: United States, Europe, South America and Northeast Asia, as follows:

• Urea Ammonium Nitrate, export spot price, fob, US Gulf
• Urea Ammonium Nitrate, spot price, cif, France (netforward from fob United States)
• Urea Ammonium Nitrate, import spot price, cif, Argentina (netforward from fob United States)
• Urea Ammonium Nitrate, export spot price, fob, Russia (netback from cif United States)

Each assessment includes Urea Ammonium Nitrate price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

The Urea Ammonium Nitrate price assessments listed above are part of Intratec Primary Commodity Prices. Subscribe and access now current prices of +220 commodities, including Urea Ammonium Nitrate.

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 2024, the Myanmar's urea market increased by 35% to $130M for the first time since 2020, thus ending a three-year declining trend. Over the period under review, consumption, however, saw a perceptible shrinkage. Urea consumption peaked at $230M in 2020; however, from 2021 to 2024, consumption stood at a somewhat lower figure.

The average retail price of prilled and granular urea amounted to about 2.44 thousand Philippine pesos per 50 kilogram bag as of December 2022. This indicated a slight increase in comparison to the average from the same month of the previous year. Among the different types of fertilizers, the Philippines import large volumes of urea and ammosul.

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.

During the course of 2023, phosphate rock demonstrated a progressive rise, maintaining a peak of 347 U.S. dollars per metric ton in September and October, before experiencing a considerable downturn to a price of 152.5 U.S. dollars per metric ton in 2024

In 2023, the amount of urea exported from Russia surged to 7.5M tons, rising by 19% compared with 2022.

The Canadian urea market rose sharply to $2.4B in 2024, growing by 14% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +3.9% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +88.4% against 2017 indices.

Urea imports into Canada fell to 1.1M tons in 2023, which is down by -6.6% compared with the previous year.

Global Urea Market reached USD 129.2 billion in 2022 and is expected to reach USD 152.5 billion by 2031.

The price of diammonium phosphate (DAP) reached 550 U.S. dollars per metric ton in 2023, according to the latest available data. It is projected that DAP prices will fluctuate in the coming years, with an estimated price of 600 U.S. dollars per metric ton in 2024, followed by a decrease to 550 U.S. dollars per metric ton in 2025. The increase in DAP prices in 2022 can be attributed to several factors, such as high demand from downstream fertilizer markets, short supply of feedstock ammonia and phosphate rock, rising energy costs, labor issues, and port congestion that limited the availability of imports from Asia and the USA.

1878 Global import shipment records of Urea with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

In 2023, supplies from abroad of urea decreased by -14.5% to 200K tons for the first time since 2019, thus ending a three-year rising trend.

The Central Asian urea market surged to $206M in 2024, rising by 48% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market attained the maximum level at $568M in 2014; however, from 2015 to 2024, consumption remained at a lower figure.

For the fourth consecutive year, Australia recorded growth in overseas purchases of urea, which increased by 13% to 3.2M tons in 2023.