# Global fertilizer prices to drop 12% in 2027, offering potential relief to Ghanaian farmers

> The World Bank projects global fertilizer prices will decline 12% in 2027 after rising an estimated 14% in 2026, citing lower input costs, recovering supply and increased exports from producers outside the Gulf region. Its fertilizer price index fell 22% in the third quarter of 2026 from the previous quarter, while urea is still forecast to average 21% higher for the full year.

- Date: 2026-11-11 · published 2026-11-11T09:14:27.353Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/93316-global-fertilizer-prices-to-drop-12-in-2027-offering-potential-relief-to
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower fertilizer costs could ease farmers’ production expenses and support fertilizer use in Ghana and elsewhere in 2027, putting downward pressure on fertilizer prices. Shipping disruptions and geopolitical tensions could delay or limit the relief.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-10-01 | [Global prices for fertilizers returned to 2021 levels in 2023 after surging in 2022 )](https://feedsoft.ai/events/34027-global-prices-for-fertilizers-returned-to-2021-levels-in-2023-after-surging-in.md) | 0.0% | -8.3% |
| UREA | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +2.2% | +10.3% |
| UREA | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +8.3% | +8.3% |
| UREA | 2023-04-13 | [Latest Data Shows Drop in Fertilizer Prices - MiningNewsWire](https://feedsoft.ai/events/5939-latest-data-shows-drop-in-fertilizer-prices-miningnewswire.md) | +0.6% | +2.8% |
| UREA | 2024-04-03 | [Fertilizer Market Insights: Planting Report, YTD Urea NOLA Prices, Indian Tender Results, North American Price - Genesis Fertilizers](https://feedsoft.ai/events/5303-fertilizer-market-insights-planting-report-ytd-urea-nola-prices-indian-tender.md) | -7.2% | -7.9% |
| DAP | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +3.3% | +12.5% |
| DAP | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +9.5% | -3.4% |
| DAP | 2025-11-02 | [RaboResearch: Poor Affordability to Pressure Global Fertilizer Demand in 2026 - CropLife](https://feedsoft.ai/events/22291-raboresearch-poor-affordability-to-pressure-global-fertilizer-demand-in-2026.md) | +0.0% | -10.2% |

## Sources

- myjoyonline.com: https://www.myjoyonline.com/global-fertilizer-prices-to-drop-12-in-2027-offering-potential-relief-to-ghanaian-farmers/

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