Urea price (World Bank benchmark)

Urea, E. Europe

Urea (Ukraine), prill spot f.o.b. Middle East, beginning March 2022; previously, f.o.b. Black Sea. Monthly average of the World Bank benchmark, as published.

Customs unit value

Customs unit value: world average of declared values per tonne (FOB equivalent), annual. Not a market price and not comparable month by month with the benchmark; as an average of contract prices it lags the benchmark in fast-moving markets.

Monthly customs unit value

World customs unit value: declared value per tonne of all import routes of at least 1,000 t in the month (cost, insurance and freight included), outliers excluded. An average of contract prices: it follows the benchmark with a lag and includes freight.

Official statistics and the producers' own documents only, cleaned and reconciled by FertRadar. Every figure keeps a reference to its document, and every correction to the customs data is documented one by one.

• CEPII, BACI (Etalab Open Licence 2.0)
• World Bank, Commodity Markets (CC BY 4.0)

The document, page and date behind each figure are listed in the Pro data files. Sources and licences

• That is 12% lower than in September 2025 (461.1 USD/t).
• The 2025 (estimate) annual average published in the Pink Sheet was 422.7 USD/t.
• Benchmarks as published by the World Bank (monthly averages). FertRadar does not publish price assessments or forecasts.
• Benchmarks differ in location and delivery terms; a customs unit value is an annual average of declared values, not a market price.
• Customs unit values average the contract prices of a whole year, so they lag spot benchmarks when markets move fast (2008-2009, 2021-2023).