Agrochemical: Urea
Fertilizers – Urea
The Global Urea Market Demand Reached A Volume Of Nearly 187.8 Million Metric Tons In 2019. The Demand Is Expected To Grow At A CAGR Of 2% Between 2020 And 2025. By 2025, The Global Demand Is Projected To Attain 211.5 Million Metric Tons.
China – Main Consumers Of Urea , China Is The Largest Consumer Of Urea In The World. 43% Of Urea Is Produced In China And 40% Is Consumed.
Demand For Urea
About 165 Million Tons Of Urea Is Sold Annually In The World. Experts Predict That In Coming Years The Demand Will Grow. While The Consumer Demand From China And The United States Could Stay At The Same Level, It Is Forecasted That The Demand In India, Brazil, And European Countries Will Continue To Grow And In 2020 The Aggregate Demand Exceeds 180 Million Tons.
Production Of Urea
43% Of The World Production Of Urea Is Located In China. Other Major Urea Suppliers At The Global Market Are India (13.5%) And Countries Of The Middle East Region, Such As Qatar, Saudi Arabia, Iran, And Oman (About 13%). Europe And The CIS Countries Produce About 11% Of The World Reserves Of Carbamide
| Top Countries in Urea Fertilizer Producer | |||
| No | Top 5 Countries | Metric Tons | Last |
| 1 | China | About 37,000,000 | 2019-2020 |
| 2 | India | About 24,000,000 | 2019-2020 |
| 3 | United States | About 11,500,000 | 2019-2020 |
| 4 | Russia | About 10,500,000 | 2019-2020 |
| 5 | Iran | About 6,000,000 | 2019-2020 |
| Top Countries in Urea Fertilizer Imports | |||
| No | 5 Countries | Metric Tons | Last |
| 1 | India | About 7,500,000 | 2019-2020 |
| 2 | Brazil | About 6,500,000 | 2019-2020 |
| 3 | United States | About 3,500,000 | 2019-2020 |
| 4 | Turkey | About 3,000,000 | 2019-2020 |
| 5 | Australia | About 2,500,000 | 2019-2020 |
Use Of Urea
Urea Is Widely Used In Agriculture And Industry.
UCT extensive and diverse experience is supplying World Agricultural Industries on their Fertilizers – Ammonia and Urea demands via our major sources and producers globally.