Key Market Indicators
Exports of urea from Spain are set to reach 164 million kilograms by 2026, up from 140 million kilograms in 2021. This is an average yearly growth of 2.6%. Year-on-year growth since 1994 has been 1.9%. Spain ranked 28th in 2021, with France taking the lead at 140 million kilograms. Saudi Arabia, Egypt, and Iran were the next three countries in the ranking. Imports of urea to Spain are set to reach 1.01 billion kilograms by 2026, up from 910 million kilograms in 2021. This is an average yearly growth of 1.7%. Year-on-year growth since 1994 has been 3.4%. Spain ranked 10th in 2021, with Germany taking the lead at 910 million kilograms. India, Brazil, and Thailand were the next three countries in the ranking.