# Yara predicts lower urea supply market report

> Yara, the world's largest nitrogen fertilizer producer, forecasts a significant decline in global urea production capacity additions over 2019-2023, with the low point in 2020. Capacity is expected to recover only partly in 2021-2023. Yara also flags that political tensions between the US, China and Iran could disrupt investment and trade.

- Date: 2019-08-18 · published 2019-08-18T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/57892-yara-predicts-lower-urea-supply-market-report
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Slower capacity growth against about 2.8% annual consumption growth points to tighter urea supply and higher prices over the next two years, raising fertilizer costs for grain and oilseed growers.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-10-01 | [UK harvest reviewed as US stock reports pushes global wheat higher: Grain market daily \| AHDB](https://feedsoft.ai/events/11319-uk-harvest-reviewed-as-us-stock-reports-pushes-global-wheat-higher-grain-market.md) | +26.3% | +29.3% |
| UREA | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | -0.0% | +12.8% |
| UREA | 2022-06-30 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/40878-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | +2.0% | +4.4% |
| UREA | 2026-10-01 | [Global natural gas and LNG markets: Europe approaches winter drawdown with low storage and stronger Asian LNG competition \| Report Interpretation \| Hilo Research](https://feedsoft.ai/events/17235-global-natural-gas-and-lng-markets-europe-approaches-winter-drawdown-with-low.md) | -6.6% | -4.1% |
| UREA | 2023-07-24 | [Urea Weekly Report: Rising international prices and rising futures prices increased orders in the week (No. 20230721)](https://feedsoft.ai/events/4759-urea-weekly-report-rising-international-prices-and-rising-futures-prices.md) | +31.8% | +18.1% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/fertilizer/news/market-report-yara-predicts-lower-urea-supply-2019-08-18

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