Description
Bangladesh Urea Import
Urea, a fertilizer widely used in agricultural production, is one of the most commonly used nitrogen fertilizers globally, containing a high content of nitrogen (approximately 46%).
Currently, the major urea-producing countries worldwide include China, Russia, Middle Eastern countries, and Indonesia. Among these, China is the largest producer and exporter of urea globally, with significant comparative advantages, followed by Russia. In terms of overall market demand, agricultural nations in Africa, Latin America, and Asia are the primary regions driving global urea consumption.
With its large population and heavy reliance on agriculture, Bangladesh has high urea consumption. Agriculture dominates the Bangladeshi economy, with over 60% of the population engaged in farming. According to CRI, to ensure that farmers can afford urea, the Bangladeshi government implements a subsidy policy on urea prices, which has, in turn, stimulated high demand for the fertilizer. Although Bangladesh has some urea production capacity, it is constrained by factors such as raw material supply, technology, and funding, resulting in limited overall production capability. Since local production cannot meet demand, Bangladesh imports significant quantities of urea annually.
According to CRI data, the total value of Bangladesh’s urea imports reached USD 846 million in 2023. With even stronger market demand in 2024, the import value of urea from January to July 2024 reached approximately USD 467 million, and demand is expected to continue growing in the coming years.
CRI analysis shows that Bangladesh’s primary sources of urea imports include the UAE, Qatar, China, and Saudi Arabia, with Saudi Arabia being the largest source. From 2021 to 2024, the top three import sources of urea for Bangladesh were Saudi Arabia, Qatar, and the UAE. According to CRI, major companies exporting urea to Bangladesh include Qatar Chemical and Petrochemical, SABIC Agri-Nutrients Company (Saudi Arabia), and Ruwais Fertilizer Industries. From 2021 to 2024, Bangladesh’s leading urea importers included Bangladesh Chemical Industries, Bangladesh Chemical Industries Corporation, and Unimed Unihealth Pharmaceuticals, among others.
Overall, the demand for urea in Bangladesh continues to grow, while the country’s domestic production capacity remains limited. CRI forecasts indicate that Bangladesh will remain highly dependent on urea imports, with import volumes expected to keep increasing in the coming years.
Topics covered:
- The Import and Export of Urea in Bangladesh (2021-2024)
- Total Import Volume and Percentage Change of Urea in Bangladesh (2021-2024)
- Total Import Value and Percentage Change of Urea in Bangladesh (2021-2024)
- Total Import Volume and Percentage Change of Urea in Bangladesh (2024)
- Total Import Value and Percentage Change of Urea in Bangladesh (2024)
- Average Import Price of Urea in Bangladesh (2021-2024)
- Top 10 Sources of Urea Imports in Bangladesh and Their Supply Volume
- Top 10 Suppliers in the Import Market of Urea in Bangladesh and Their Supply Volume
- Top 10 Importers of Urea in Bangladesh and Their Import Volume
- How to Find Distributors and End Users of Urea in Bangladesh
- How Foreign Enterprises Enter the Urea Market of Bangladesh
- Forecast for the Import of Urea in Bangladesh (2024-2033)
Table of Contents
1 Overview of Bangladesh
1.1 Geography of Bangladesh
1.2 Economic Condition of Bangladesh
1.3 Demographics of Bangladesh
1.4 Domestic Market of Bangladesh
1.5 Recommendations for Foreign Enterprises Entering Bangladesh Urea Imports Market
2 Analysis of Urea Imports in Bangladesh (2021-2024)
2.1 Import Scale of Urea in Bangladesh
2.1.1 Import Value and Volume of Urea in Bangladesh
2.1.2 Import Prices of Urea in Bangladesh
2.1.3 Apparent Consumption of Urea in Bangladesh
2.1.4 Import Dependency of Urea in Bangladesh
2.2 Major Sources of Urea Imports in Bangladesh
3 Analysis of Major Sources of Urea Imports in Bangladesh (2021-2024)
3.1 Saudi Arab
3.1.1 Analysis of Bangladesh’s Urea Import Volume and Value from Saudi Arab
3.1.2 Analysis of Average Import Price
3.2 Qatar
3.2.1 Analysis of Bangladesh’s Urea Import Volume and Value from Qatar
3.2.2 Analysis of Average Import Price
3.3 United Arab Emirates
3.3.1 Analysis of Bangladesh’s Urea Import Volume and Value from United Arab Emirates
3.3.2 Analysis of Average Import Price
3.4 China
3.5 India
3.6 Germany
4 Analysis of Major Suppliers in the Import Market of Urea in Bangladesh (2021-2024)
4.1 QATAR CHEMICAL AND PETROCHEMI
4.1.1 Company Introduction
4.1.2 Analysis of Urea Exports to Bangladesh
4.2 SABIC AGRI-NUTRIENTS COMPANY SAUDI ARABIA
4.2.1 Company Introduction
4.2.2 Analysis of Urea Exports to Bangladesh
4.3 RUWAIS FERTILIZER INDUSTRIES
4.3.1 Company Introduction
4.3.2 Analysis of Urea Exports to Bangladesh
4.4 Exporter 4
4.4.1 Company Introduction
4.4.2 Analysis of Urea Exports to Bangladesh
4.5 Exporter 5
4.5.1 Company Introduction
4.5.2 Analysis of Urea Exports to Bangladesh
4.6 Exporter 6
4.6.1 Company Introduction
4.6.2 Analysis of Urea Exports to Bangladesh
4.7 Exporter 7
4.7.1 Company Introduction
4.7.2 Analysis of Urea Exports to Bangladesh
4.8 Exporter 8
4.8.1 Company Introduction
4.8.2 Analysis of Urea Exports to Bangladesh
4.9 Exporter 9
4.9.1 Company Introduction
4.9.2 Analysis of Urea Exports to Bangladesh
4.10 Exporter 10
4.10.1 Company Introduction
4.10.2 Analysis of Urea Exports to Bangladesh
5 Analysis of Major Importers in the Import Market of Urea in Bangladesh (2021-2024)
5.1 BANGLADESH CHEMICAL INDUSTRIES
5.1.1 Company Introduction
5.1.2 Analysis of Urea Imports
5.2 BANGLADESH CHEMICAL IND CORPORATION
5.2.1 Company Introduction
5.2.2 Analysis of Urea Imports
5.3 UNIMED UNIHEALTH PHARMACEUTICALS
5.3.1 Company Introduction
5.3.2 Analysis of Urea Imports
5.4 Importer 4
5.4.1 Company Introduction
5.4.2 Analysis of Urea Imports
5.5 Importer 5
5.5.1 Company Introduction
5.5.2 Analysis of Urea Imports
5.6 Importer 6
5.6.1 Company Introduction
5.6.2 Analysis of Urea Imports
5.7 Importer 7
5.7.1 Company Introduction
5.7.2 Analysis of Urea Imports
5.8 Importer 8
5.8.1 Company Introduction
5.8.2 Analysis of Urea Imports
5.9 Importer 9
5.9.1 Company Introduction
5.9.2 Analysis of Urea Imports
5.10 Importer 10
5.10.1 Company Introduction
5.10.2 Analysis of Urea Imports
6. Monthly Analysis of Urea Imports in Bangladesh from 2021 to 2024
6.1 Analysis of Monthly Import Value and Volume
6.2 Forecast of Monthly Average Import Prices
7. Key Factors Affecting Urea Imports in Bangladesh
7.1 Policy
7.1.1 Current Import Policies
7.1.2 Trend Predictions for Import Policies
7.2 Economic
7.2.1 Market Prices
7.2.2 Growth Trends of Urea Production Capacity in Bangladesh
7.3 Technology
8. Forecast for the Import of Urea in Bangladesh, 2024-2033
LIST OF CHARTS
Chart 2021-2024 Import Value and Volume of Urea in Bangladesh
Chart 2021-2024 Average Import Price of Urea in Bangladesh
Chart 2021-2024 Import Dependency of Urea in Bangladesh
Chart Top 10 Import Sources of Urea in Bangladesh (2021-2024)
Chart Top 10 Import Sources of Urea in Bangladesh (2022)
Chart Top 10 Import Sources of Urea in Bangladesh (2023)
Chart Top 10 Import Sources of Urea in Bangladesh (2024)
Chart Top 10 Suppliers of Urea Imports in Bangladesh (2021-2024)
Chart Top 10 Suppliers of Urea Imports in Bangladesh (2022)
Chart Top 10 Suppliers of Urea Imports in Bangladesh (2023)
Chart Top 10 Suppliers of Urea Imports in Bangladesh (2024)
Chart Value and Volume of Urea Imported from Saudi Arab to Bangladesh (2021-2024)
Chart Value and Volume of Urea Imported from Qatar to Bangladesh (2021-2024)
Chart Value and Volume of Urea Imported from United Arab Emirates to Bangladesh (2021-2024)
Chart Value and Volume of Urea Imported from China to Bangladesh (2021-2024)
Chart Top 10 Importers of Urea in Bangladesh (2021-2024)
Chart Top 10 Importers of Urea in Bangladesh (2022)
Chart Top 10 Importers of Urea in Bangladesh (2023)
Chart Top 10 Importers of Urea in Bangladesh (2024)
Chart Forecast for the Import of Urea in Bangladesh (2024-2033)
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