Saudi Arabia Urea Market Size & Outlook, 2025-2028
Saudi Arabia Urea Market Size
According to Straits Research analysis, the Saudi Arabia Urea Market was valued at USD 1576.91 Million in 2024 and is projected to reach USD 2130.96 Million by 2028, expanding at a CAGR of 7.8% during the forecast period. This significant growth is largely driven by the country's intensive agricultural activities which markedly necessitate the use of urea as a fertilizer. It also sees demand from other industries such as chemicals and energy. Market opportunities are emerging alongside trends such as sustainable production methods, low-carbon footprints, and technological advancements in manufacturing processes. Furthermore, Saudi Arabia has a strategic export potential due to its convenient geographical location. Saudi Arabia continues to strengthen its market share, strategically positioning itself as a key player in the global urea market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Urea Market Highlights
- In 2024, Solid accounted for the highest share of the Type market size.
- During the forecast period, Solid is set to register the highest growth, making it the most lucrative Type segment.
- In 2024, Saudi Arabia represented 1.6% of the overall global urea market size.
- China is projected to lead the global urea market size by 2028.
- Across Middle East And Africa, Rest of MEA is anticipated to hold the dominant position in market by 2028.
- South Africa is forecasted to expand at the fastest pace in Middle East And Africa, attaining USD 5913 Million by 2028.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2028 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2028 |
| Market Size In 2024 | USD 1576.91 Million |
| Market Size In 2028 | USD 2130.96 Million |
| Largest segment | Solid |
| Fastest segment | Solid |
| Units | Revenue in USD Million |
| CAGR | 7.8% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Saudi Arabia Urea Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| End-use |
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Saudi Arabia Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
