Key Market Indicators
Russia's imports of urea are expected to decline by 1.1% annually, to reach nearly 6 million kilograms by 2026. This is a decrease from 2021's 6.2 million kilograms, when it ranked 94th in the world. Rwanda overtook Russia in the rankings, with 6.2 million kilograms. India, Brazil and Thailand ranked 2nd, 3rd and 4th in 2021. Russia's exports of urea are expected to increase by an average of 1.9% per year until 2026, reaching 8.2 billion kilograms. This is an increase from 2021's 7.3 billion kilograms, when it was the top exporter in the world. Saudi Arabia, Egypt and Iran ranked 2nd, 3rd and 4th in 2021. Since 2001, Russian supply has increased by 4.2% each year.
