Urea price trends
๐จ๐ฟ๐ฒ๐ฎ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐๐ฒ๐ฐ๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฏ:
โข Average price: 470 USD/MT
โข Cost: 350 USD/MT
โข Cost: 410 USD/MT
IMARC Group’s latest report, “World Poverty: Poverty, Poverty, Poverty, Poverty”, “Urea Prices, International Comparison of Urea” provides a comprehensive global and regional analysis of urea prices, highlighting key factors influencing price fluctuations. This detailed study includes spot price assessment at major ports and an analysis of pricing structures such as Ex Works, FOB, CIF etc. across North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
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โข Subscription: Annual subscription
โข Subscription: Annual subscription
โข Subscription: Annual subscription
The study takes an in-depth look at factors influencing urea price fluctuations, including changes in raw material costs, supply-demand balance, geopolitical influences and sector-specific trends.
The report also incorporates the latest updates of the market, providing the stakeholders with the latest information on market fluctuations, regulatory changes, and technological advancements, which acts as a comprehensive resource for the stakeholders and enhances their strategic planning and forecasting capabilities.
About ๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/urea-pricing-report/requestsample
๐จ๐ฟ๐ฒ๐ฎ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ง๐ฟ๐ฒ๐ป๐ฑ-๐ค๐ฐ๐ฎ๐ฌ๐ฎ๐ฏ
The global urea market is driven by a complex interplay of supply chain disruptions, fluctuating raw material costs, and region-wise demand patterns. A major driver is the cost of ammonia, an essential raw material for urea production. Ammonia is highly volatile, affecting urea prices and production strategies. Internationally, market trends are heavily influenced by demand fluctuations, especially in key agricultural regions preparing for the planting season, such as India during the kharf season. This surge in demand is often offset by logistical challenges such as plant closures and transportation bottlenecks, which were particularly severe in North America due to icy weather conditions and logistical disruptions on key routes such as the Mississippi River.
๐จ๐ฟ๐ฒ๐ฎ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐
The global urea market size reached $120 million in 2015. Going forward, IMARC Group expects the market to grow to $2.5 billion by 2025, at a growth rate of 10.2% by 2026. In addition, geopolitical factors and trade policies also play a key role. For example, China’s withdrawal from the fertilizer export market has shifted demand to other regions, putting pressure on the North American and European markets. Environmental regulations, especially in the Asia-Pacific region, have limited production capacity, creating supply shortages and intermittently increasing prices. Overall, the urea market is shaped by a delicate balance between supply-side constraints and demand driven by agricultural cycles, at the intersection of international trade flows and regulatory environments.
In North America, urea prices in the last quarter were influenced by several key factors. The withdrawal of China from the global fertilizer market led to a significant increase in demand from Asian countries, especially India, as they prepare for the kharif planting season. This contrasted with fluctuating domestic demand from local farmers preparing for spring planting, which was hampered by adverse weather conditions. The closure of several key factories due to sub-freezing temperatures further strained supplies, leading to a shortage that was further exacerbated by logistical challenges, including disruptions along the Mississippi River. These factors combined to necessitate price adjustments by traders to manage profit margins amid rising transportation costs and tight supplies.
In Asia Pacific, urea prices were highly volatile, primarily due to increased material supplies and weaker demand following the peak planting season. An initial supply glut was supported by favorable weather conditions that encouraged local production. However, regulatory restrictions in China and unexpected operational disruptions at key manufacturing sites created an unexpected shortage, driving prices higher in the latter part of the quarter. Preparations for the wheat and barley planting seasons boosted demand slightly, contributing to a complex pricing environment that saw modest price increases at the end of the quarter.
Urea prices in Europe have seen significant volatility, beginning with a sharp price spike due to a demand/supply imbalance, especially from Russia. The quarter has seen weather disruptions affecting production. Prices have continued to fall as production resumption has been slow and overall market trends point to reduced demand. Prolonged rainfall in northern regions has extended the fertilizer application season, delaying immediate demand for urea and impacting market performance throughout the quarter.
In South America, especially Brazil, urea prices rose due to optimistic market sentiment as drought improved and the agricultural outlook improved. Despite improved weather conditions making it easier to sow crops, restrictions on the Panama Canal reduced urea import capacity, tightening local market supplies. Seasonal demand recovery due to the start of harvesting and favorable conditions for summer crops also played a key role in the sequential price increases seen throughout the quarter.
In the Middle East and Africa (MEA) region, urea prices were impacted by several factors including trade uncertainties, particularly around the Red Sea region, which led to higher freight rates and supply chain disruptions. Weak domestic and international demand coupled with oversupply in the first half of the quarter led to lower prices. Geopolitical tensions and associated trade diversions further complicated the market environment, suppressing demand and contributing to the continued price volatility observed throughout the quarter.
๐๐ฟ๐ผ๐๐๐ฒ๐๐๐น๐น๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/urea-pricing-report
๐๐ฒ๐ ๐ฃ๐ผ๐ถ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐จ๐ฟ๐ฒ๐ฎ ๐ฃ๐ฟ๐ถ๐ฐ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ …๏ฟฝ๐ผ๐ถ๐ป๐ฟ๐
Along with a comprehensive breakdown of pricing by region, the report presents the following key findings:
โข Urea Price
โข Urea price trends
โข Urea supply and demand
โข Urea Market Analysis
โข Demand and supply analysis by type
โข Demand and supply analysis by application
โข Raw material demand and supply analysis
โข Urea Price Analysis
โข Urea Industry Drivers, Restraints and Opportunities
โข Urea News and Recent Developments
โข Global Event Analysis
โข List of major players
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ says:
โข Countries covered: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hong Kong, Singapore, Australia, New Zealand
โข Eligible countries: Germany, France, UK, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, Greece
โข Location: United States and Canada
โข Countries included: Brazil, Mexico, Argentina, Colombia, Chile, Ecuador, Peru
โข Countries/Regions: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, Morocco
Please note: the current country list is selective and detailed information on additional countries can be obtained by clients upon request.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
IMARC Group
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Phone: sales@imarcgroup.com
Phone: (๐) +91 120 433 0800
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IMARC is a leading market research firm providing business strategy and market research worldwide. We partner with clients across all sectors and geographies to identify their most valuable opportunities, address their most important challenges, and transform their businesses.
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This release was published on openPR.