Key Market Indicators
Australian urea exports are expected to reach 4.4 million kilograms by 2026, a decrease of 3.6% from the 5.5 million kilograms in 2021. Since 1993, exports have grown 22.6% year-on-year. In 2021, Australia placed 57th in the global rankings, with Guatemala coming in ahead at 5.5 million kilograms. Saudi Arabia, Egypt, and Iran placed second, third, and fourth respectively. Australian urea imports are forecast to reach 2.4 billion kilograms by 2026, a 1.7% year-on-year growth rate from the 2.1 billion kilograms in 2021. Since 1993, imports have decreased 1.9% year-on-year. In 2021, Australia placed fifth in the rankings, with Thailand coming in ahead at 2.1 billion kilograms. India, Brazil, and Thailand placed second, third, and fourth respectively.
