Key Market Indicators
New Zealand's urea imports are predicted to rise from 655 million kilograms in 2021 to 719 million kilograms by 2026, growing at an average annual rate of 1.6%. Since 1994, the country's demand for urea has seen a 1.2% year-on-year increase. In 2021, New Zealand was ranked 17th, with Belgium overtaking them with 654 million kilograms. India, Brazil, and Thailand followed as the 2nd, 3rd, and 4th highest importers. New Zealand's urea exports reached 822 thousand kilograms in 2018, up from 789 thousand kilograms in 2017, marking a 4.3% increase on the previous year. Since 1994, the country's supply has seen a 0% year-on-year growth. New Zealand was ranked 66th in 2018, with Mozambique coming out in front with 822 thousand kilograms. Saudi Arabia, Egypt, and Iran followed as the 2nd, 3rd, and 4th highest exporters.
