UREA MARKET ANALYSIS: TRENDS, GROWTH, AND FORECASTS (2025-2034)

The urea market plays a crucial role in agriculture, primarily as a nitrogen-based fertilizer. With its high nitrogen content, urea is essential for plant growth and productivity. The market reached a volume of 177.21 million metric tons (MMT) in 2024, with expectations of moderate growth at a compound annual growth rate (CAGR) of 0.90%. By 2034, t