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Egypt supplied about 60% of the European Union’s urea imports from outside the bloc in January–September 2026, exporting 1.58 million tonnes, down about 21% year over year. Its share rose from 44.3% in 2025 as Russian shipments fell sharply, while European buyers imported less after building stocks ahead of the carbon border adjustment mechanism’s implementation.
Reduced Russian shipments increase Europe’s reliance on Egyptian urea, but lower overall import demand and accumulated stocks limit the effect on prices. The shift also makes European supply more dependent on Egyptian export flows.
economyplusme.comNov 8, 2026After 23 past neutral trade events, Urea moved a median 0.0% over 5 sessions (48% higher; middle half -1.1% to +1.0%), and +2.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
