1、How much difference is normal between the price of potassium fertilizer

Fertilizer prices (nitrogen, phosphorus, and potassium prices combined) have settled down at $327 in April 2024, up from an average of $815 per tonne in April 2022.

2、中国农业大学经济管理学院 观点论衡 胡哲鹏：化肥价格波动

【文章摘要】Recent fertilizer price spikes in 2021–2022, coupled with government interventions by major exporting countries, have raised global concerns about food security. This study investigates...

3、Deconstructing fertilizer price spikes: Evidence from Chinese urea

Recent fertilizer price spikes in 2021–2022, coupled with government interventions by major exporting countries, have raised global concerns about food security. This study investigates the key drivers of urea prices in China—the world’s largest producer and a major exporter.

4、Fertilizers Prices

CRU provides weekly fertilizer price updates, covering urea, nitrates, ammonia, potash, and more, with extensive US and Chinese inland price coverage.

5、What is the Cost of Urea Fertilizer? 2026

Discover what is the cost of urea fertilizer in USD, including prices per kg, 45 kg, and 50 kg bags. Learn how much urea is needed per acre, when to apply it, and how it compares to DAP. Simple guide for beginners in farming.

Fertilizer prices gain momentum amid strong demand and geopolitical

The increase has been driven by strong demand, trade restrictions, and production shortfalls—especially in the case of urea. For the full year, prices are projected to register a modest increase over 2024, supported by firm demand, before stabilizing in 2026.

Fertilizer prices stable at onset of 2026 planting season, below highs

As of early 2025, prices appear to have somewhat stabilized but are still subject to market changes resulting from shifts in fertilizer supply, demand, and trade conditions.

Fertilizer Prices & Trends in 2026

Discover the latest urea and NPK fertilizer pricing trends, supply chain challenges, and trade policy changes affecting global markets in 2025.

Global monthly fertilizer prices by type in 2026

U.S. dollars by December. In the lead up to the Russian invasion of Ukraine, urea fertilizer prices more than doubled from September to November 2021.

Global Fertiliser Prices

The graph below illustrates the increase is world prices for fertilisers, DAP (Phosphate and nitrogen), Triple Super Phosphate (Phosphorus) and Urea (Nitrogen) during 2020-21, with Potassium Chloride (KCl) showing little change.

Potassium fertilizer and urea are two essential agricultural fertilizers, both primarily composed of elements such as nitrogen (N), phosphorus (P), and potassium (K). their applications and roles in agriculture differ. Potassium fertilizer mainly enhances soil permeability and water-retention capacity, promotes root growth and development, and improves crop resilience to stress. In contrast, urea is primarily used to provide plants with the nitrogen they need for growth and development.

The price difference between potassium fertilizer and urea is determined by factors such as production costs, market demand, supply conditions, and more. Below are some possible reasons:

1. Production Costs: The production cost of potassium fertilizer is typically higher than that of urea. Its manufacturing involves raw materials like potash, which require complex extraction and processing, driving up costs. Additionally, potassium fertilizer production must account for environmental impacts, further increasing expenses. In comparison, urea production technology is mature, and its raw materials are widely available, resulting in lower production costs.

2. Market Demand: Demand for potassium fertilizer largely comes from agricultural sectors focused on improving soil quality, such as horticulture, vegetable, and fruit farming. These sectors have relatively large-scale production, leading to higher demand for potassium fertilizer. Urea, meanwhile, is mainly used in grain crop cultivation, where demand remains relatively stable. As a result, potassium fertilizer prices tend to be more stable with less volatility compared to urea.

3. Supply Conditions: While potassium fertilizer supply is sufficient relative to demand, high production costs limit its availability. Urea, has a larger supply and lower price, giving it a competitive edge in the market.

4. International Trade: International trade significantly impacts price differences. Due to high production costs and stringent environmental regulations, many countries rely on importing potassium fertilizer, leading to tighter global supply and higher prices. Urea, with its lower production costs and abundant supply, maintains more stable pricing.

5. Policy Factors: Government agricultural support policies also influence prices. For example, adjustments in agricultural subsidy policies may alter demand for potassium fertilizer and urea, subsequently affecting prices.

6. Seasonal Factors: Demand for potassium fertilizer and urea varies by season. For instance, spring sees increased demand for potassium fertilizer due to fruit tree planting, while summer demands more urea for grain crops. These seasonal fluctuations contribute to price differences.

the price gap between potassium fertilizer and urea results from a combination of factors, including production costs, market demand, supply conditions, international trade dynamics, policy influences, and seasonal variations. In the future, advancements in agricultural technology and stricter environmental standards may continue to drive changes in their prices.