The forecasted urea production in the US from 2024 to 2028 shows a slight decreasing trend with values declining from 4.99 million metric tons in 2024 to 4.89 million metric tons in 2028. This trend represents a consistent year-on-year decrease in production, suggesting a CAGR of approximately -0.5% annually. In 2023, the actual urea production stood at 5.00 million metric tons. Thus, the forecast indicates a gradual reduction in production levels.
Future trends to watch for include potential shifts in agricultural demand, changes in global fertilizer trade dynamics, and environmental regulations that could impact urea production and consumption.
