| Product Code: ETC4901065 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s urea market witnessed a -1.2% growth rate in imports from 2023 to 2024. The compound annual growth rate (CAGR) for 2020-2024 stood at a robust 18.54%. This decline in import momentum in 2024 could be attributed to shifts in demand dynamics or fluctuations in trade policies impacting market stability.

The Canada Urea Market deals with the production and consumption of urea, a crucial component in the agricultural industry for fertilizer and other applications. This market is driven by the country`s agricultural demand and global export needs.
The Canadian urea market is driven by several key factors. The primary driver is the agricultural sector, where urea is a crucial component of nitrogen fertilizers. As Canada is a significant agricultural producer, the demand for high-efficiency fertilizers to enhance crop yield is substantial. Additionally, the growth of the horticulture industry and increasing awareness of soil health contribute to the rising demand for urea. Environmental regulations and advancements in urea production technologies also play a role in shaping the market dynamics.
The Canadian urea market faces challenges such as fluctuating raw material prices and environmental regulations. Urea, a key nitrogen fertilizer, is heavily dependent on natural gas prices, which can be volatile. Additionally, stringent environmental regulations aimed at reducing nitrogen runoff impact production processes and operational costs.
In Canada, the Urea Market is influenced by government regulations related to environmental protection and sustainable agriculture. Policies that promote the reduction of greenhouse gas emissions from fertilizers, along with incentives for eco-friendly farming practices, play a key role in shaping the market landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Urea Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Urea Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Urea Market - Industry Life Cycle |
3.4 Canada Urea Market - Porter's Five Forces |
3.5 Canada Urea Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Canada Urea Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Canada Urea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fertilizers in the agriculture sector |
4.2.2 Growth in population leading to higher food production needs |
4.2.3 Government support and subsidies for agriculture industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental concerns related to urea production |
4.3.3 Competition from alternative fertilizers |
5 Canada Urea Market Trends |
6 Canada Urea Market Segmentations |
6.1 Canada Urea Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Canada Urea Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.1.3 Canada Urea Market Revenues & Volume, By Feed, 2021-2031F |
6.1.4 Canada Urea Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Canada Urea Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Canada Urea Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Canada Urea Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.4 Canada Urea Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Canada Urea Market Revenues & Volume, By Medical, 2021-2031F |
6.2.6 Canada Urea Market Revenues & Volume, By Others, 2021-2031F |
7 Canada Urea Market Import-Export Trade Statistics |
7.1 Canada Urea Market Export to Major Countries |
7.2 Canada Urea Market Imports from Major Countries |
8 Canada Urea Market Key Performance Indicators |
8.1 Urea production capacity utilization rate |
8.2 Average selling price of urea in the market |
8.3 Investment in research and development for urea production technologies |
9 Canada Urea Market - Opportunity Assessment |
9.1 Canada Urea Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Canada Urea Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Canada Urea Market - Competitive Landscape |
10.1 Canada Urea Market Revenue Share, By Companies, 2024 |
10.2 Canada Urea Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here