Urea

  • Total imports dropped from 10.16 million tons in 2022 to 8.60 million tons in 2023, marking a decrease of 15.34%. This indicates a significant reduction in overall urea imports to India.

  • Urea imports from China increased from 1.39 million tons in 2022 to 2.33 million tons in 2023, an increase of 67.63%. China emerged as India’s largest supplier, pivotal in stabilizing supply amidst declining imports from other countries.
  • Urea imports from Oman rose from 1.90 million tons to 2.16 million tons, showing a 13.68% increase. Oman remains a significant supplier with consistent growth in exports.
  • Imports from Russia surged dramatically from 0.84 million tons to 1.78 million tons, reflecting a 111.90% growth. After doubling its contribution, Russia is now a major player in India’s urea imports.
  • Urea imports from Indonesia saw a minor increase from 0.24 million tons to 0.26 million tons, an 8.33% rise. Indonesia’s growth, though modest, remained stable.

India Urea Import (Million Tons)

Exporters20192020202120222023
China3.253.402.861.392.33
Oman3.152.661.301.902.16
Russian Federation0.250.140.090.841.78
United Arab Emirates0.880.810.910.800.49
Qatar0.530.340.320.940.45
Saudi Arabia0.410.310.200.830.33
Indonesia0.590.680.400.240.26
Algeria0.150.140.000.330.18
Egypt0.621.040.650.460.14
Malaysia0.090.090.040.290.11
Rest of the world1.261.551.332.130.37
Total11.2011.158.1110.168.60

India Monthly Import (Thousand Tons)

ExportersJan-24Feb-24Mar-24Apr-24
Oman109.99996.14519.990208.977
Russian Federation251.6410.000201.151139.700
Qatar0.00031.19028.00136.000
Indonesia0.1000.0002.2009.200
Uzbekistan1.6643.5043.9516.837
United Arab Emirates8.93393.06798.9974.595
Japan0.7000.0000.0003.360
Saudi Arabia27.5000.00128.0041.008
Viet Nam0.0000.0000.0000.300
United Kingdom0.0060.0010.0100.004
Rest of the World0.00047.24734.7760.000
Total400.542271.155417.080409.982

Global Urea Importer (Million Tons)

Importers20192020202120222023
India11.19611.1538.11310.1658.598
Brazil5.5877.1287.7937.1757.315
United States of America4.9054.5646.2685.3424.812
Australia2.0422.4042.8202.8113.211
Thailand2.3612.3542.2131.7682.538
France1.4891.4181.5231.9311.669
Poland0.7470.6470.7211.1741.167
Mexico1.4051.6431.3530.9611.139
Canada0.7840.9450.8871.1681.091
Philippines0.8740.9960.8080.6180.980
Rest of the world19.17219.08121.67621.52017.603
World50.56252.33554.17554.63450.123

Global Urea Exporter (Million Tons)

Exporters20192020202120222023
Qatar0.0000.0000.0000.0004.739
China4.9455.4505.3282.8364.254
Saudi Arabia3.7984.4293.9534.2993.526
Egypt3.7863.9433.7813.0483.293
Algeria2.9313.5013.1243.0273.251
Nigeria0.6650.4421.3032.8632.923
United Arab Emirates0.0040.0010.0200.0062.013
Malaysia2.1262.0902.0092.0261.952
Netherlands1.3161.2921.4951.0031.550
Indonesia1.8602.3872.0351.7591.376
Rest of the World24.53524.81125.63920.7278.758
World45.96648.34848.68741.59637.636