# 1253. Fertilizer Market: Recent Trends in the Fertilizer Market | Japan International Research Center for Agricultural Sciences | JIRCAS

> JIRCAS republished an AMIS overview of recent fertilizer market trends, noting about 169 million tonnes expected to be traded in 2024. It describes China's export restrictions since 2021, which cut its urea and phosphate exports by 95% and 21% since 2020, and the effects of sanctions on Belarus and the Ukraine conflict on regional supply.

- Date: 2025-05-13 · published 2025-05-13T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/24586-1253-fertilizer-market-recent-trends-in-the-fertilizer-market-japan
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Persistent export curbs from China and Russian/Belarusian supply constraints keep fertilizer costs elevated, which raises input costs for feed-grain producers and supports the case for higher corn and soy production costs.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-04-26 | [The International Fertilizer Industry Faces Multiple Challenges](https://feedsoft.ai/events/42135-the-international-fertilizer-industry-faces-multiple-challenges.md) | -18.3% | -18.8% |
| UREA | 2022-02-25 | [Fertilizer Prices Keep Rising and the Russia-Ukraine Conflict Could Make it Worse \| College of Agricultural and Environmental Sciences](https://feedsoft.ai/events/43025-fertilizer-prices-keep-rising-and-the-russia-ukraine-conflict-could-make-it.md) | +24.9% | +38.4% |
| UREA | 2025-02-21 | [Friday’s Insider: Urea and gas prices — market in transition — Fertilizer Daily](https://feedsoft.ai/events/26365-friday-s-insider-urea-and-gas-prices-market-in-transition-fertilizer-daily.md) | -0.5% | -4.7% |
| UREA | 2021-10-08 | [Fertilizer prices soaring as natural-gas rally adds to ‘perfect storm’ - MarketWatch](https://feedsoft.ai/events/5906-fertilizer-prices-soaring-as-natural-gas-rally-adds-to-perfect-storm-marketwatch.md) | +4.0% | +9.9% |
| UREA | 2024-06-23 | [Potential for volatility to reignite in fertiliser markets](https://feedsoft.ai/events/29673-potential-for-volatility-to-reignite-in-fertiliser-markets.md) | +0.2% | -1.2% |
| DAP | 2022-04-26 | [The International Fertilizer Industry Faces Multiple Challenges](https://feedsoft.ai/events/42135-the-international-fertilizer-industry-faces-multiple-challenges.md) | -7.9% | -9.4% |
| DAP | 2021-10-08 | [Fertilizer prices soaring as natural-gas rally adds to ‘perfect storm’ - MarketWatch](https://feedsoft.ai/events/5906-fertilizer-prices-soaring-as-natural-gas-rally-adds-to-perfect-storm-marketwatch.md) | 0.0% | +6.6% |
| DAP | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -0.5% | +1.7% |

## Sources

- jircas.go.jp: https://www.jircas.go.jp/en/program/proc/blog/20250513

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.