Key Market Indicators
Austrian imports of urea are expected to reach 275 million kilograms by 2026. This marks a 1.9% average year-on-year increase from 246 million kilograms in 2021. Since 1999, demand for the substance has risen by 3.1% year-on-year. Austria was in 33rd place in 2021, with Nepal ahead at 246 million kilograms. India, Brazil, and Thailand were 2nd, 3rd and 4th, respectively, in the ranking. Exports of urea from Austria are projected to reach 37.7 million kilograms by 2026, with a 1% compound annual growth rate from 35.6 million kilograms in 2021. Since 1999, Austrian supplies of the substance have decreased 6.8% year-on-year. In 2021, Austria was in 37th place, with Latvia overtaking it at 35.6 million kilograms. Saudi Arabia, Egypt, and Iran took 2nd, 3rd, and 4th place in the ranking, respectively.
