North America Urea Prices Movement Q4

Urea Prices in USA:

In Q4 2024, Urea Price Trend in the U.S. reached 361 USD/MT in December. The market remained stable, balancing supply constraints and industrial demand. After a slight rise in October, prices stabilized as lower agricultural demand offset fluctuating feedstock costs. Strong industrial demand in mining and explosives supported market resilience despite production challenges from weather and logistical issues. Overall, the quarter reflected steady market conditions in the U.S.

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APAC Urea Prices Movement Q4:

Urea Prices in Japan:

In Q4 2024, urea prices in Japan remained mostly stable, ending at 352 USD/MT in December. Supply chain challenges and fluctuating demand caused market swings. While agricultural slowdowns affected demand, industrial consumption provided stability. Harsh weather and port congestion led to production setbacks, tightening supply. Rising feedstock costs made buyers cautious, prompting them to delay purchases for better pricing. Despite these challenges, Japan navigated the quarter with resilience and strategic market adjustments, maintaining overall stability in the urea market.

Regional Analysis:  The price analysis can be extended to provide detailed Urea price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Urea Prices Movement Q4:

Urea Prices in Russia:

In Q4 2024, urea prices in Russia fluctuated, ending at 333 USD/MT in December. Supply disruptions and cautious demand shaped the market, with industrial sectors maintaining stable consumption. However, unpredictable weather and logistical challenges affected production and distribution. Despite feedstock price variations, weak agricultural demand limited the overall impact. Buyers adopted a wait-and-see approach, anticipating lower prices, which created a delicate balance between restricted supply and slow domestic adoption. Overall, the quarter reflected a market adjusting to ongoing supply constraints and cautious purchasing behavior.

Urea Prices in Russia:

In Q4 2024, urea prices in Russia fluctuated, ending at 333 USD/MT in December. Supply disruptions and cautious demand shaped the market. While industrial demand remained steady, production and distribution faced challenges due to unpredictable weather and logistical issues. Weak agricultural demand helped offset feedstock price variations. Buyers adopted a wait-and-see approach, anticipating lower prices. This created a delicate balance between limited supply and slow domestic adoption, reflecting a cautious market outlook throughout the quarter.

Regional Analysis:  The price analysis can be expanded to include detailed Urea price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

MEA Urea Prices Movement Q4:

 Urea Prices in Saudi Arabia

In Q4 2024, urea prices in Saudi Arabia fluctuated, ending at 348 USD/MT in December. The market was influenced by shifting supply conditions and active exports. Early in the quarter, production disruptions, logistical issues, and fluctuating freight costs pressured prices. However, steady international demand helped stabilize the market. Towards the quarter’s end, purchasing momentum slowed, leading to adjustments. Despite these challenges, strong industrial demand and effective inventory management maintained market stability, reflecting resilience in Saudi Arabia’s urea sector.

Regional Analysis:  The price analysis can be extended to provide detailed Urea price information for the following list of countries.

Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

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Factors Affecting Urea Supply and Prices

Urea supply and prices are influenced by global and regional data, demand fluctuations, and feedstock costs. Market trends and price graphs reflect shifts due to agricultural demand, industrial usage, and supply chain disruptions. Charts highlight volatility from geopolitical events, weather conditions, and export policies, shaping the overall pricing landscape.

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How IMARC Pricing Database Can Help

The latest IMARC Group study, “Urea Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Urea price trend, offering key insights into global Urea market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Urea demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
 
Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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