Report U.S. - Urea - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Aug 31, 2022

U.S. - Urea - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Urea Market 2022

Urea Market Size in the U.S.

In 2021, the U.S. urea market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a perceptible curtailment. Urea consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Urea Production in the U.S.

In value terms, urea production stood at $X in 2021. Over the period under review, production, however, saw a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Urea Exports

Exports from the U.S.

In 2021, the amount of urea exported from the United States declined sharply to X tons, with a decrease of -X% against 2020. Overall, exports saw a pronounced reduction. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then dropped rapidly in the following year.

In value terms, urea exports shrank markedly to $X in 2021. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for urea exports from the United States, accounting for a X% share of total exports. Moreover, urea exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), ninefold. Colombia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Colombia (+X% per year).

In value terms, Canada ($X) remains the key foreign market for urea exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2021, the average urea export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a slight contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Brazil ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-X%), while the prices for the other major destinations experienced a decline.

Urea Imports

Imports into the U.S.

In 2021, overseas purchases of urea increased by X% to X tons for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, saw a mild reduction. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, urea imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a pronounced downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Qatar (X tons), Russia (X tons) and Canada (X tons) were the main suppliers of urea imports to the United States, with a combined X% share of total imports. Algeria, Saudi Arabia, Oman and Trinidad and Tobago lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Algeria (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Russia ($X) and Canada ($X) constituted the largest urea suppliers to the United States, with a combined X% share of total imports. These countries were followed by Algeria, Oman, Saudi Arabia and Trinidad and Tobago, which together accounted for a further X terms of the main suppliers, Algeria, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average urea import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a pronounced reduction. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Trinidad and Tobago ($X per ton) and Oman ($X per ton), while the price for Saudi Arabia ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for urea in the world?
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The country with the largest volume of urea consumption was India, comprising approx. 25% of total volume. Moreover, urea consumption in India exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The third position in this ranking was held by the United States, with a 6% share.
What are the largest producers of urea in the world?
+
The countries with the highest volumes of in 2021 were India, China and Russia, with a combined 38% share of global production. These countries were followed by Iran, Indonesia, Pakistan, Qatar, Saudi Arabia, Canada, Oman, the United Arab Emirates, Algeria and Vietnam, which together accounted for a further 40%.
What are the leading suppliers of urea to the U.S.?
+
In value terms, Qatar, Russia and Canada appeared to be the largest urea suppliers to the United States, together accounting for 51% of total imports. Algeria, Oman, Saudi Arabia and Trinidad and Tobago lagged somewhat behind, together accounting for a further 37%.
What are the leading importers of urea from the U.S.?
+
In value terms, Canada remains the key foreign market for urea exports from the United States, comprising 75% of total exports. The second position in the ranking was taken by Mexico, with a 7% share of total exports. It was followed by the Netherlands, with a 3.4% share.
What is the average export price for urea in the U.S.?
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In 2021, the average urea export price amounted to $547 per ton, jumping by 86% against the previous year.
What is the average import price for urea in the U.S.?
+
In 2021, the average urea import price amounted to $385 per ton, increasing by 59% against the previous year.

This report provides an in-depth analysis of the urea market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• FCL 4001 -
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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