Urea price forecast 2020 9% against the previous year. May 27, 2025 · Urea Price in Australia (FOB) - 2023. The growth pace was the most rapid in 2022 when the average export price increased by 164%. Asia. The average urea export price stood at $420 per ton in 2023, waning by -37% against the previous year. This is a change of 0. Apr 29, 2025 · April 29, 2025 — Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook. Prices for oil and urea were clearly nowhere near the exaggerated peaks of 2008. 2% against 2020 indices. Find information for Urea (Granular) FOB Middle East Quotes provided by CME Group. Feb 2020: 321. Open: The opening price for the current trading session is plotted on the day's High/Low histogram. Inflation expectations are based on Ibendahl’s estimate of an inflation rate of 3% for the next year. The decline could moderate near-term inflation risks 3 days ago · Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Urea exports from China increased significantly in the first quarter as the country sought cash by catering to regional demand due to the product's scarcity in the domestic market. 48 million by 2033, growing at a CAGR of 2. The next year, 2016, urea price lowered to 194 USD. 8% during the forecast period (2023-2030). The pace of growth appeared the most rapid in 2020 when the average export price increased by 792%. 25 pounds/ton. 58/lb. 67 billion by 2032, exhibiting a CAGR of 2. By analyzing historical data, spot prices, and advanced technical indicators, our platform provides actionable insights tailored to the global fertilizer market. 49%: Mar 2020: 372. 7% to $1. Over the period under review, average import prices attained the maximum in 2023 and is expected to retain growth in the immediate term. The base year considered for the study is 2024, and the market size is projected from 2020 to 2032 This report aims to provide a comprehensive understanding of t • In 2022, ammonia prices are following urea prices and have begun another price hike. 95 billion in 2024 to USD 160. The pace of growth appeared the most rapid in 2020 an increase of 6,718% against the previous year. Nevertheless, sellers 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. 82 MMT in 2034. May 27, 2025 · Urea Price in Algeria (FOB) - 2023. 40: 2. There has been no commodity boom in the period leading up to the current crisis. Global Automotive Grade Urea Sales Quantity (2020-2031) & (K Tons) Figure 15. 5% over the period from 2020 to 2023 In this report, our team offers a comprehensive analysis of Urea market, SWOT analysis of the most prominent players in this landscape. 4% against the previous year. Over the period under review, the market attained the peak level at $2. 92 bushels/ton and a urea-cotton ratio of 711. Ask: The last ask price and ask size. Oct 20, 2021 · The tortoise in this race is 10-34-0. Jump to. 44/lb. Basic Statistic Urea price development 2015-2025 2020). We raise our average 2021F urea price forecasts for DPM and DCM by ~12% to ~USD440/ton. 21 MMT in 2024 and expected to grow at a CAGR of 0. S. 84 Urea Prices Explained. In Q1 2025, the Urea prices in the USA saw a steady upward trend, driven by tight supply and strong seasonal demand. In 2023, the average urea import price amounted to $412 per ton, declining by -32. 82 billion in 2024 and is anticipated to reach USD 196. Delivered via charts, Excel, Power BI, and API. In 2023, the average urea export price amounted to $342 per ton, remaining relatively unchanged against the previous year. 00 in April of 2022. The price developments of Urea are expressed in US$ prices converted FX rates applicable at the time when the price was valid. 1% during the forecast period from 2025 to 2033. 58% in 2023. View Quotes Aug 8, 2024 · It also include the price forecast for the next 12 months. Compared to 2023, prices are expected to average lower in 2024 and 2025 but remain well above 2015-19 levels due to robust demand and some export restrictions (particularly from China) and May 27, 2025 · Urea Price in Pakistan (CIF) - 2023. Despite volatility in Ammonia feedstock costs, prices stayed elevated due to production cuts from extreme winter weather. Given these model inputs, anhydrous prices near $650 are expected going forward. N. The Argus Urea Analytics service connects you with industry-leading urea market intelligence. The COVID-19 pandemic further dampened demand, leading to a five-year price low. Historically, Urea reached an all time high of 1050. Asia Pacific dominated the urea market with a market share of 66. 1M tons, waning by -6. is forecast to have increased by 4% in 2023 and by 3% in 2024 Access Urea prices with monthly updates, forecasts, and historical trends across United States, China, Middle East, Southeast Asia, Africa, Europe and South America. Over the period under review, the export price, however, saw a perceptible expansion. Jan 31, 2024 · It also include the price forecast for the next 12 months. Dec 9, 2024 · Forecast of phosphoric acid fertilizer demand worldwide 2014-2020 Global aquaponics and hydroponics market value 2017-2022 Wages of male agricultural workers in Turkey 2023, by province Explore real-time Urea Granular FOB Middle East Futures price data and key metrics crucial for understanding and navigating the Urea Granular FOB Middle East Futures market. Bid: The last bid price and bid size. The market for urea is projected to reach USD 93. Urea prices increased over 5% after a shortage of essential feedstock in North America (particularly ammonia) raised expenses for fertilizer producers. Experts forecast bitumen prices to hover between $500 and $600 per metric ton in 2025, influenced by global infrastructure initiatives and oil price trends. Despite these disruptions, Urea prices declined on a month-on-month basis in August 2024. Given these model inputs, anhydrous prices of $850 are not unexpected going forward. Figure 13. 45/lb. Overall, the export price saw a notable expansion. 83 bushels/ton less than in January 2024. 9% from 2020 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The corn/urea price ratio has improved slightly but producers are clearly in an input price/commodity price squeeze. Mar 29, 2023 · Urea Price from 2015 to 2020. 90% to reach a volume of 193. Global Automotive Grade Urea Consumption Value and Forecast (2020-2031) & (USD Million) Figure 14. The average urea export price stood at $358 per ton in 2023, shrinking by -41. The total import volume increased at an average annual rate of +12. Egypt Granular urea prices peaked close to $900/t fob last month but have dropped back by about $100/t since Urea Imports in Canada. Jul 8, 2024 · In the second quarter of 2024, the fertilizer affordability index (the ratio of fertilizer prices to food prices) reached its 2015-19 average level. Long term forecasts to 2045 for the major price setting regions are discussed Asia Pacific, Western Europe and the United States. fertilizer prices declined by 8. 7% over the last decade. N, UAN28 $0. Its price was close to this level in spring 2015, but the last time it was higher was early August 2012. The global urea market size was valued at USD 52. Along with an industrial chain,market statistics in terms of revenue, sales, price, capacity, regional market analysis,segment-wise data,and market forecast information are offered in the full study, etc. 25 billion in 2024, at a CAGR of 3. 00% from last month and -22. With the start of the Rabi season in India, the demand increased significantly. This post is a summary of the global Urea price developments. 8B, falling for the second year in a row after two years of growth. Price in Australian Dollar per Metric Ton. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. N and UAN32 $0. 140 average prices in Q3 2021 to ~USD800-900/ton. 4 days ago · Day High / Low: The highest and lowest trade price for the current trading session. Previous Close: The closing price from the previous trading session. The service includes quarterly reports and data with 15-year forecasts for supply, demand, trade and prices, and one longer-term annual report with 25-year price forecasts (based on Long Run Marginal Cost analysis). 7 billion in 2024 and is estimated to grow to USD 60. Urea increased 110. Global urea production forecast up to 2034 Planned urea capacity introductions Global urea consumption forecast up to 2034 Europe: consumption forecast up to 2034 Asia Pacific: consumption forecast up to 2034 North America: consumption forecast up to 2034 Europe: urea prices forecast up to 2034 Asia: urea prices forecast Aug 26, 2024 · The price of urea stood at 358 U. Get access. 5% in May 2020 as lower In fact, there have only been two times in the last 20 years (2008 and 2022) when a bushel of corn purchased so little urea. The most prominent rate of growth was recorded in 2021 when the average export price increased by 66%. 87 million in 2025 from USD 232. The March 2020 price is 9% lower than the price one year before. After that, from 2017 to 2020, it increased and the urea price average was over 200 USD every year. N, anhydrous $0. Global fertilizer consumption 1965-2022, by nutrient; Global fertilizer consumption 2023, by nutrient and region May 27, 2024 · Summary: Profercy’s report presents a long-term price forecast for urea up to 2030, detailing historical price trends and factors influencing market dynamics. 56/lb. The most prominent rate of growth was recorded in 2021 when the average export price increased by 62%. Urea Price Prediction for 2025 Historical Price Trends Nov 30, 2024 · US Urea Spot Price is at a current level of 183. This analysis is crucial for understanding the long-term behavior of urea prices in the agricultural sector. 25 billion by 2029 from USD 80. In 2023, the amount of urea imported into Canada fell to 1. This week, DTN will wrap up its annual Global Fertilizer May 1, 2025 · From 2019 to 2020, urea prices trended downward as producers, spurred by profitable margins, increased output, while industrial and agricultural demand was constrained by environmental regulations. May 1, 2020 · Global urea prices hit 2020 lows on uncertainty. Apr 13, 2025 · Urea Price in the Netherlands (FOB) - 2023. Similarly, DAP prices are projected to remain high until ammonia and sulfur prices ease. Frequently Asked Questions (FAQs) Urea Price Trend For the Year 2020. – Prices in Country. Global Automotive Grade Urea Price (2020-2031) & (US$/Ton) Figure 16. It saw a 4% price increase to $654/ton. Forecasted total urea fertilizer Leverage Vesper’s AI-driven forecasts for Urea, including granular Urea, in Ukraine and China to refine your procurement strategy and control costs. As mentioned in Statista, if we investigate urea price from 2015 to 2020, urea price stood at its highest rate in 2015, 278 USD. 76% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Overall, the export price, however, saw a modest increase. Dec 16, 2024 · Global nitrogen fertilizer production has recovered since 2020, but some supply issues in 2024 pushed nutrient prices higher. World Bank Commodities Price Forecast (nominal US dollars) Released: April 20, Urea, E. Our global market editors deliver daily reports on prices and trades, plus accurate weekly coverage and price assessments to help you stay ahead in this fast-moving market. 4 days ago · Based on 2023 figures, urea import price increased by +61. Global Automotive Grade Urea Sales Quantity Market Share by Manufacturer in 2024 Figure 17. 17% from one year ago. Dec 15, 2021 · Raising target prices on higher forecast urea prices Urea prices in Q4 2021 have been significantly higher than expected. May 1, 2025 · In 2024, the Indonesian urea market decreased by -16. On a year-over-year basis, the price of Urea (South America) is 12% lower than the price one year before. The total import volume increased at an average annual rate of +4. Feb 3, 2025 · This gives us a urea-corn price ratio of 107. May 11, 2022 · Urea prices are expected to remain at historically high levels for as long as natural gas and coal prices remain elevated. Discussion Urea Price in Angola (FOB) - 2023. Price Forecast for Urea in Italy till 2025. Profitability and Price Forecast: Ammonia and Urea - 2020 provides an analysis of industry profitability and pricing for ammonia and urea. Inflation expectations are based on Ibendahl’s estimate of an inflation rate of 4% for the next year. May 19, 2025 · Urea Price in Nigeria (FOB) - 2023. 5% from 2025-2033. 6% against 2020 indices. Feb 12, 2024 · Urea Market | Global Industry Report, Size, Share, Growth, Price Analysis, Trends, Outlook and Forecast 2025-2034 The urea market reached a volume of 177. 60/lb. Urea price index developments are calculated from multiple separate sources of data to ensure statistical accuracy. Aug 26, 2024 · The price of urea stood at 358 U. , although a spell of wet weather is now forecast. Monthly price chart and freely downloadable data for Urea. . Prices for export urea with customs approval are in excess of $600/t fob, following sales to India at $580-590/t fob. 55 USD/T or 32. 57/lb. Moreover, ongoing military and political conflicts in the region further hindered production activities, intensifying supply challenges. Urea price index. 3B in 2022; however, from 2023 to 2024, consumption remained at a lower figure. 01-May-2020. 03 one year ago. ICIS coverage includes urea, technical grade urea, ammonium nitrate, calcium ammonium nitrate, urea ammonium nitrate and ammonium sulphate. 53/lb. In 2008, the huge run up in urea prices was sparked by the introduction of a Chinese export tax in April of 135% prior to which the market had been drifting. Urea price forecasts and outlooks, including forward trade balances, supply-demand drivers, and production analysis over the next 3 months and 3 quarters. Mar 13, 2023 · This statistic displays a forecast of total global demand for urea fertilizer from 2014 to 2024. Over the period under review, the average export prices hit record highs at $724 per ton in 2022, and then fell remarkably in the following year. The global urea market was valued at USD 192. The average urea export price stood at $986 per ton in 2023, growing by 15% against the previous year. 2% during the forecast period. The average urea export price stood at $397 per ton in 2023, dropping by -60% against the previous year. Report Global Urea Market Size. To put these values into perspective, this urea-corn ratio is similar to the June 2020 ratio and about 0. Overall, import price indicated a mild expansion from 2013 to 2023: its price increased at an average annual rate of +1. Commodity Forecast 2025/2026 - was last updated on Saturday, May 31, 2025. Deepika Thapliyal. In general, consumption, however, continues to indicate a mild decrease. By the end of the quarter, the price of Urea FOB Al Jubail was recorded at USD 335 per metric ton. The average price of Urea (South America) was 258 USD per metric ton on March 2020 – a increase of 15 USD per metric ton, or 6%, compared with the previous month. Over the period under review, the export price recorded a abrupt curtailment. The global Urea market has grown significantly in the past years to reach approximately 180 million tonnes in 2024 and is expected to grow at a steady CAGR of 3. Urea market is anticipated to grow at a considerable CAGR of 1. Apr 13, 2025 · Price Forecast for Urea in India till 2025. The growth pace was the most rapid in 2020 an increase of 73%. This stemmed from the disruption of an ammonia gas pipeline at the Bethpage ice rink, triggered by a malfunctioning compressor which caused the feedstock shortage. 97% during the forecast period until 2035. May 12, 2025 · The global urea market size was valued at USD 128. From 2020 to 2024, Urea imports saw a decline, with a notable drop in value to $2. 360 month history. Apart from input costs, risks to the outlook depend on whether China’s urea and DAP exports will resume after June. 71, unchanged from 183. The research team projects that the Sulfur Coated Urea market size will grow from XXX in 2024 to XXX by 2032, at an estimated CAGR of XX. Dec 24, 2024 · On a price per pound of nitrogen basis, the average urea price was $0. 71 last month and down from 236. The price forecast uses the futures market price of both oil and corn. Prices are forecast to follow international trends, firming for No-vember and December loading towards $650/t fob. 92 billion in 2023 and is projected to grow from USD 123. CURRENT SCENARIO OF THE GLOBAL UREA MARKET Feb 5, 2025 · On a price per pound of nitrogen basis, the average urea price was $0. Record high gas costs in Record high gas costs in Europe have pushed ammonia prices up and slow demand in the east has pushed ammonia prices down. 2 billion by 2033, at a CAGR of 1. 05% during the forecast period. In general, the export price continues to indicate a perceptible curtailment. Discussion Global Urea Hydrogen Peroxide market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031 Global Urea Hydrogen Peroxide market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025 Contrasting 2020 with 2008. 6% on the year before. Europe, bulk $/mt: 278 194: 2020 2021: 2022 2023: Mar 4, 2025 · Based on 2023 figures, urea export price increased by +77. 7B in 2024. Global urea prices nearly doubled in October and November 2021 vs+84 28 3914 3588 ext. Access S&P Global's fertilizer market analysis, Fertecon amonia and Platts prices, data & forecasts to support business strategies and enhance agricultural productivity. grgvh zyizd fukaic ykvd hnfxor vjkjr zbekca rwm juxuon ailrr