Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+ Industry Domains
Report
Press Release
Blogs
Industry Statistics
Add 2 More Reports For 20% off

Urea Pricing, Demand and Supply Overview

2025

Base Year

2023-2025

Historical Period

2026-2027

Forecast Period

Market Overview

Urea is a nitrogen fertilizer produced from ammonia and carbon dioxide through synthesis, valued for its high nitrogen content, used extensively in agricultural fertilizer applications, animal feed additives, and industrial resin manufacturing. Natural gas feedstock costs, and agricultural seasonal demand cycles all feed into the price.

Global urea prices in Q1 2026 stood at USD 0.435 per KG in Europe, USD 0.415 per KG in North America, and USD 0.467 per KG in India, the highest among tracked markets, reflecting regional differences in natural gas feedstock costs and import dependency. India held the highest tracked price on elevated import reliance and freight costs, while North America benefited from domestic natural gas feedstock availability. Steady agricultural fertilizer demand continued to underpin consumption across all tracked regions, with natural gas price movements remaining the dominant swing factor in production economics.

What is Urea Price in August 2026?

Urea prices held close to Q1 2026 levels through August 2026, tracking regional natural gas feedstock cost differentials, as steady agricultural fertilizer demand continued to support the market across all tracked regions.

  • North America: North American urea prices held near USD 0.39 to USD 0.44 per KG, close to the USD 0.415 per KG recorded in Q1 2026, as domestic natural gas feedstock availability continued to support competitive regional pricing.
  • South Asia (India): Indian urea prices held near USD 0.44 to USD 0.49 per KG, close to the USD 0.467 per KG recorded in Q1 2026 and the highest among tracked markets, as elevated import reliance and freight costs continued to sustain the regional premium.
  • Europe: European urea prices held near USD 0.41 to USD 0.46 per KG, close to the USD 0.435 per KG recorded in Q1 2026, as natural gas feedstock cost movements continued to anchor the region's pricing.

Urea Price Forecast for 2026

The urea supply-demand balance through 2026 is expected to remain constructive. Natural gas costs in key Middle Eastern and Russian production regions are broadly stable. Chinese export availability remains constrained. Sequential agricultural application seasons across both hemispheres will provide demand surges. The primary upside risk is further Chinese export tightening combined with a Middle East gas price spike; the primary downside risk is a significant increase in Chinese export volumes.

Region 2026 Price Range (USD/KG) Outlook
Global Average 0.37 – 0.43 Spring-summer agricultural demand provides sequential support; Chinese export policy the key variable
Europe 0.43 – 0.48 Carbon border compliance costs and spring season demand sustain the regional premium
North America 0.41 – 0.47 Corn belt spring planting season supports mid-year demand; domestic production cost-competitive
India 0.46 – 0.52 Government kharif procurement tenders drive mid-year peak; subsidy framework limits downside

For the Quarter Ending March 2026

Urea Prices Q1 2026:

  • Europe: USD 0.435/KG
  • NorthAmerica: USD 0.415/KG
  • India: USD 0.467/KG

Urea Prices in Europe

European urea averaged USD 0.435/KG in Q1 2026, rising 2.9% from Q4. Pre-season procurement by French, German, and Eastern European distributors provided the primary demand driver. Import arrivals from Black Sea producers at winter pricing levels were absorbed by active pre-season buying. The Q2 2026 trajectory of USD 0.454/KG confirms the spring demand build is ongoing.

The Q2 2026 trajectory of approximately USD 0.454/KG confirms that the spring season demand build is providing further support, consistent with the typical Q2 seasonal pattern for European fertiliser markets. The structural premium from EU carbon border compliance costs remains in place, sustaining Europe as the highest-priced major import market.

Why did the price of Urea change in Q1 2026 in Europe?

Pre-season distributor restocking ahead of the spring application season provided the primary demand driver. Import arrivals from Black Sea and Middle Eastern producers at winter pricing levels were absorbed by the active pre-season buying, producing the 2.9% Q1 recovery.

Urea Prices in North America

North American urea averaged USD 0.415/KG in Q1 2026, rising 10.7% from Q4. Early pre-spring planting procurement, advanced by warmer-than-average winter conditions across key agricultural states, activated the seasonal demand recovery ahead of schedule. Domestic producers and importers faced solid demand from the distributor network from mid-Q1. The Q2 2026 trajectory of USD 0.446/KG confirms continued spring demand support.

The significant 10.7% Q1 gain indicates the North American market moved more aggressively into pre-season positioning than in the prior year. The Q2 2026 trajectory of USD 0.446/KG confirms continued spring season demand support as application windows open across the corn and soybean states.

Why did the price of Urea change in Q1 2026 in North America?

Early pre-spring planting procurement, advanced by warmer winter conditions, accelerated the seasonal demand build. Distributor and retailer network buying drove strong Q1 demand well ahead of the application window, producing the 10.7% quarterly recovery from the Q4 2025 seasonal trough.

Urea Prices in India

Indian urea averaged USD 0.467/KG in Q1 2026, rising 3.3% from Q4. Rabi crop season wheat and oilseed nitrogen demand was active through Q1, and government procurement tenders maintained steady import volumes. Constrained Chinese export availability tightened the global supply pool, supporting the Q1 advance. The Q2 2026 trajectory of USD 0.485/KG indicates continued kharif pre-positioning demand.

Why did the price of Urea change in Q1 2026 in India?

Rabi crop season nitrogen demand and government import tender activity provided steady buying support. Constrained Chinese urea export availability limited the global supply pool, supporting the international reference price. The 3.3% Q1 gain reflected steady demand against a tighter supply backdrop.

For the Quarter Ending December 2025

Urea Prices Q4 2025:

  • Europe: USD 0.423/KG
  • North America: USD 0.375/KG
  • India: USD 0.452/KG

Urea Prices in Europe

European urea averaged USD 0.423/KG in Q4 2025, a decline of 5.0% from the Q3 high of USD 0.445/KG. The post-season correction was contained as EU carbon border compliance costs maintained a structural premium and pre-season distributor positioning provided demand support.

EU carbon border compliance costs and pre-season distributor positioning by major distributors in France, Germany, and Poland helped absorb arriving import volumes, supporting the Q4 price floor.

Why did the price of Urea change in Q4 2025 in Europe?

The conclusion of the Northern Hemisphere application season removed the main seasonal demand driver, triggering the standard post-season price correction. EU carbon border compliance costs and early pre-season distributor positioning by French, German, and Polish buyers cushioned the decline, limiting the Q4 fall to 5.0% compared with the sharper corrections seen in North America.

Urea Prices in North America

North American urea averaged USD 0.375/KG in Q4 2025, falling 12.5% from the Q3 peak of USD 0.428/KG - the sharpest Q4 decline among reporting regions. The fall application season ended, distributor inventories built aggressively through Q3 were unwound, and domestic production remained stable. Import volumes from Trinidad and Egypt continued at contracted rates, further weighing on the softening market.

Why did the price of Urea change in Q4 2025 in North America?

The end of the fall application season removed the primary demand driver. Distributor destocking added supply pressure as Q3 inventory builds were unwound. Domestic production stability and continued import arrivals maintained supply adequacy, producing the 12.5% Q4 price correction.

Urea Prices in India

Indian urea averaged USD 0.452/KG in Q4 2025, declining 11.1% from USD 0.509/KG in Q3 as kharif crop procurement concluded. The government subsidy programme maintained stable domestic farm gate prices, while rabi crop planting in late Q4 provided partial demand support. India retained the highest price position among reporting regions, reflecting its subsidy-adjusted import parity structure.

Why did the price of Urea change in Q4 2025 in India?

The conclusion of the kharif crop season removed the peak procurement demand that had driven the Q3 surge, and government tender activity slowed as season supplies were secured. The government subsidy framework maintained stable domestic farm gate prices, limiting pass-through to end farmers, while the 11.1% Q4 international price correction reflected the post-kharif easing of import buying activity.

Quarterly Urea Price Trends

Urea prices globally followed a pronounced seasonal V-shape through 2025, with a Q3 peak of USD 0.383/KG and Q4 trough of USD 0.335/KG before recovering to USD 0.370/KG in Q1 2026. The Q2 2026 trajectory of USD 0.395/KG confirms spring demand is providing renewed support. Chinese export policy and natural gas feedstock costs were the two overriding structural drivers.

Quarter Price (USD/KG) QoQ Change Direction
Q1 2026 0.370 +10.3% ↑ Rising
Q4 2025 0.335 -12.4% ↓ Falling
Q3 2025 0.383 +13.9% ↑ Rising
Q2 2025 0.336 -0.5% ↓ Falling
Q1 2025 0.338 - - Stable
Q2 2026 In Progress - - In Progress

What was Urea Price in 2025?

Urea prices followed a pronounced seasonal pattern through 2025. The global average was flat from Q1 to Q2 at around USD 0.337/KG before the Q3 surge lifted the benchmark to USD 0.383/KG. The Q4 decline to USD 0.335/KG erased most of the seasonal gain, leaving the full-year change at approximately minus 0.8%. The key forces were Chinese export restrictions in Q3, Indian government tender demand, and the Q4 demand collapse post-season.

  • Chinese export quota restrictions during Q3 tightening the global supply pool at a time of peak seasonal agricultural demand
  • The Indian government's large-scale procurement tender series providing a strong demand anchor for global spot markets through Q3
  • The Q4 demand collapse following the conclusion of the Northern Hemisphere application season and post-season inventory destocking by buyers

Urea Prices in Europe in 2025

European urea rose from USD 0.389/KG in Q1 2025 to USD 0.423/KG in Q4, a full-year gain of 8.7%. The region posted a consistent annual gain as import dependence and EU carbon border mechanism costs added a structural premium above the global average. The Q4 decline of 5.0% was more moderate than in other regions as pre-season restocking partially cushioned the post-season correction.

Urea Prices in North America in 2025

North American urea moved from USD 0.370/KG in Q1 2025 to USD 0.375/KG in Q4 2025, a modest full-year gain of 1.2%. The Q3 surge of 16.2% was the sharpest quarterly move across all reporting regions as the US Midwest fall application season overlapped with global supply tightness. The equally sharp Q4 decline of 12.5% reflected the abrupt demand fall as the application season concluded.

Urea Prices in India in 2025

Indian urea held near USD 0.440/KG through Q1 and Q2 2025, supported by the government subsidy-administered domestic pricing framework. The Q3 surge to USD 0.509/KG was the largest absolute gain in the dataset, driven by peak kharif season procurement and large import tender volumes. The Q4 decline of 11.1% to USD 0.452/KG reflected post-kharif demand easing, leaving India with a full-year gain of 2.8%.

How We Can Help

Expert Market Research: Your Source for Real-Time Urea Price IntelligenceExpert Market Research tracks urea prices across Europe, North America, India, and the global benchmark, tracing every move through natural gas feedstock costs, Chinese export quota changes, Indian government tender activity, and seasonal agricultural demand cycles. Forecasts integrate feedstock economics, trade flow data, and crop area projections. Contact us for urea pricing data and procurement advisory.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Key Questions Answered in the Report

Agricultural crop nutrition accounts for approximately 70% of global urea demand, with cereal, oilseed, sugarcane, and vegetable production as the primary end-use applications. Industrial applications including urea-formaldehyde resins, diesel exhaust fluid production, and melamine manufacturing absorb the remaining 30%.

In Q1 2026, urea averaged USD 0.435/KG in Europe, USD 0.415/KG in North America, and USD 0.467/KG in India. The global average stood at USD 0.370/KG in Q1 2026, representing a recovery from the Q4 2025 seasonal trough of USD 0.335/KG.

Urea prices were broadly flat at the global level from Q1 to Q4 2025, with a full-year change of approximately minus 0.8% in the global average. The year featured a sharp Q3 surge of 13.9% driven by seasonal agricultural demand and Chinese export tightening, followed by an equally sharp Q4 correction of 12.4%.

Chinese export quota restrictions during the Northern Hemisphere summer reduced global supply availability at the point of peak seasonal agricultural demand. The Indian government's large-volume import tender series provided a strong demand anchor. Competition between multiple import-dependent markets for the constrained supply amplified the Q3 price surge to 13.9%.

The global average urea price is expected to range between USD 0.37/KG and USD 0.43/KG for the remainder of 2026, supported by sequential agricultural application seasons. Europe is forecast in the USD 0.43 to USD 0.48/KG range, and India is expected to see a kharif season peak in the USD 0.46 to USD 0.52/KG range.

India consistently records the highest reported urea prices due to its subsidy-adjusted import parity structure and logistics cost premium. Europe follows, sustained by carbon border compliance costs and import freight differentials. North America's domestic natural gas-based production provides a cost-competitive floor, while the global average reflects the major export hub pricing from the Middle East and China.

This report is updated monthly. For real-time pricing intelligence, contact the Expert Market Research team directly.

China is the world's largest urea producer and exporter, so any change to export quota levels or approval timelines immediately affects global supply. When China restricts exports, as in Q3 2025, import-dependent markets in Europe, South Asia, and Southeast Asia face sharp price increases. When China releases quotas, additional volume typically produces a supply surplus that drives global prices lower. Chinese export policy is the single most watched variable in urea markets.

India's state-linked agencies including IFFCO procure urea through formal international tender processes that establish reference prices for large-volume purchases. These tenders signal the quantity of import demand entering the market each procurement cycle. Large Indian tenders during periods of tight supply create significant upward price pressure; India's absence from the market during periods of adequate domestic stock removes a key demand anchor and can trigger rapid price corrections.

Natural gas is the primary feedstock for approximately 70% of global urea production through the Haber-Bosch ammonia synthesis route. Middle Eastern producers in Saudi Arabia, Qatar, and Oman benefit from the lowest natural gas feedstock costs globally, making them the lowest-cost exporters. Russian and Chinese coal-based production provide additional supply at higher cost floors. These differentials determine the global production hierarchy and set export price floors.

Basic Report -
One Time

USD

799

Basic Report -
Annual Subscription

USD

3,499

Detailed Report -
One Time

USD

4,299

Detailed Report -
Annual Subscription

USD

7,999

Basic Report -
One Time

USD 799

tax inclusive*

  • PDF Format
  • 2-Years Historical Price Data
  • Basic Visualizations And Trend Analysis
  • Price Forecast (Next 6 Months)
  • Summary Of Factors Influencing Prices
  • News And Developments
  • Monthly Report Updates
  • Macroeconomic Factors And Their Impact
  • Supply-Demand Analysis
  • Insights From Government Data And Industry Bodies
  • Analyst Support For Additional Insights

Basic Report -
Annual Subscription

USD 3,499

tax inclusive*

  • PDF Format
  • 2-Years Historical Price Data
  • Basic Visualizations And Trend Analysis
  • Price Forecast (Next 6 Months)
  • Summary Of Factors Influencing Prices
  • News And Developments
  • Monthly Report Updates
  • Macroeconomic Factors And Their Impact
  • Supply-Demand Analysis (Quarterly)
  • Insights From Government Data And Industry Bodies
  • Analyst Support For Additional Insights

Detailed Report -
One Time

USD 4,299

tax inclusive*

  • PDF Format
  • 3-Years Historical Price Data
  • Advanced Visualizations And In-Depth Trend Analysis
  • Price Forecast (Next 2 Years)
  • Comprehensive Analysis Of Factors Influencing Prices
  • News And Developments
  • Macroeconomic Factors And Their Impact
  • Supply-Demand Analysis
  • Insights From Government Data And Industry Bodies
  • Monthly Report Updates
  • Analyst Support For Additional Insights

Detailed Report -
Annual Subscription

USD 7,999

tax inclusive*

  • PDF Format
  • 3-Years Historical Price Data
  • Advanced Visualizations And In-Depth Trend Analysis
  • Price Forecast (Next 2 Years)
  • Comprehensive Analysis Of Factors Influencing Prices
  • News And Developments
  • Monthly Report Updates
  • Macroeconomic Factors And Their Impact
  • Supply-Demand Analysis
  • Insights From Government Data And Industry Bodies
  • Analyst Support For Additional Insights

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

This is a collaborative report by Avni Johari, Udeesha Tomar and Vishal Ranjan reflecting perspectives and research-driven insights from Expert Market Research.

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

License Type

Select License Type

Choose the right license for your needs and access rights.

shopping cart

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Bookmark Icon

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us