In 2023, Japan imported urea and its aqueous solution with a benchmark value. Looking ahead, the import figures for urea are projected to gradually increase year-on-year through to 2028. Specifically, the value of imports is expected to increase consistently over the forecasted 5-year period. The forecast indicates annual growth rates ranging modestly, with a steady compound annual growth rate (CAGR) reflecting an average yearly increase over the period. This growth is indicative of stable demand patterns in Japan.

Future trends to watch for include:

Potential impacts from global urea supply chain disruptions which could influence import volume and pricing.
Emerging agricultural or industrial policies in Japan that could either stimulate or restrict demand.
Technological advancements or substitutes in agriculture that may affect urea requirements.