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Urea Ammonium Nitrate Price Trend and Forecast

⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

urea ammonium nitrate Price Trends by Country

frFrance
ltLithuania
usUnited States

Global urea ammonium nitrate Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides price assessments for Urea Ammonium Nitrate (UAN) across top trading regions:

North America

  • 32% UAN FOB New Orleans, USA


Europe

  • 32% UAN FOB Klaipeda, Lithuania
  • 30% UAN FCA Rouen, France

 

Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Urea Ammonium Nitrate (UAN) Price Trend Q4 2025

In the fourth quarter of 2025, the Urea Ammonium Nitrate (UAN) market experienced a 3% increase in pricing from the last quarter due to strong demand for the UAN products during this season and moderate strength of the feedstocks used for production. UAN production depends on three primary components: ammonia, urea, and ammonium nitrate; with ammonia being derived from natural gas and it acts to drive the costs of production. Demand for UAN improved in all major agricultural regions, with North America and Europe seeing most improvements due to winter wheat in addition to early procurement of UAN for spring planting. Consumer purchasing continued at a similar level with buyers actively and cautiously restocking their inventories of UAN. On the supply side of the market, operating rates havebeen maintained at appropriate levels as UAN producers aligned productions with respective regional demand to avoid excess inventories. UAN export activity remained moderate with offers to export UAN at competitive prices from all major producing areas throughout the world.

USA: Urea Ammonium Nitrate (UAN) export prices New Orleans, USA; Grade- 32% UAN

In the USA, the Urea Ammonium Nitrate (UAN) price trend in Q4 2025 witnessed a bearish trajectory reflecting a 4% decline compared to the previous quarter. Buying activity slowed as agricultural distributors adopted cautious procurement strategies amid adequate inventory levels and comfortable supply conditions. UAN production, primarily based on ammonia, urea, and ammonium nitrate feedstocks derived from natural gas, remained steady as feedstock costs showed limited volatility.

Consumption from winter wheat applications provided some support, though overall demand remained moderate and largely need-based. Producers maintained balanced operating rates to prevent inventory accumulation and to align output with prevailing seasonal requirements. Export movement has been stable but faced competitive pricing pressure in global markets.

In December 2025, Urea Ammonium Nitrate (UAN) prices declined by approximately 1% due to subdued downstream fertilizer demand and sufficient regional supply availability. Overall, the UAN market reflected soft demand fundamentals and balanced supply dynamics.

Lithuania: Urea Ammonium Nitrate (UAN) export prices Klaipeda, Lithuania; Grade- 32% UAN

In Lithuania, the Urea Ammonium Nitrate (UAN) price trend in Q4 2025 witnessed a firm momentum reflecting a 3% increase compared to the previous quarter. Buying interest improved gradually as distributors initiated early procurement ahead of the spring application season, supported by stable agricultural fundamentals across the Baltic and neighboring European markets. UAN production, dependent on ammonia, urea, and ammonium nitrate feedstocks derived primarily from natural gas, remained steady, with moderate feedstock cost support during the quarter.

Supply levels have been balanced, as producers managed operating rates to align output with regional consumption patterns and prevent excessive stock accumulation. Export activity remained stable, supported by steady trade flows within Europe.

In December 2025, Urea Ammonium Nitrate (UAN) prices in Lithuania increased by approximately 8% due to stronger seasonal restocking demand and firmer upstream ammonia costs. Overall, the market maintained a positive tone supported by balanced supply-demand fundamentals.

France: Urea Ammonium Nitrate (UAN) domestically traded prices in Rouen, France; Grade- 30% UAN

In France, the Urea Ammonium Nitrate (UAN) price trend in Q4 2025 witnessed a strong upward trajectory reflecting a 7% increase compared to the previous quarter. The price rise has been supported by improved seasonal demand and firmer upstream cost dynamics. UAN production, primarily reliant on ammonia, urea, and ammonium nitrate feedstocks derived from natural gas, experienced moderate cost pressure amid steady energy prices across Europe.

Demand strengthened as distributors and cooperatives advanced procurement for winter wheat and early spring applications, while consumption remained stable across key agricultural regions. On the supply side, producers maintained balanced operating rates, ensuring adequate product availability without significant inventory accumulation.

Export activities within the European market remained active, supported by competitive regional trade flows. In December 2025, Urea Ammonium Nitrate (UAN) prices in France remained stable due to balanced supply conditions and steady downstream purchasing activity. Overall, the market reflected firm fundamentals supported by healthy demand and controlled production levels.

Urea Ammonium Nitrate Price Trend Analysis: Q3 2025

In Q3 2025, the Urea Ammonium Nitrate (UAN) market recorded a 5% price increase from the previous quarter, supported by firmer agricultural demand and moderate feedstock strength. UAN production is primarily based on ammonia, urea, and ammonium nitrate, with ammonia derived from natural gas acting as the key cost component. During the quarter, stable to slightly higher natural gas prices provided cost support to producers, contributing to improved pricing momentum. Demand strengthened across major agricultural regions due to active field applications and replenishment buying ahead of the autumn season. Consumption trends remained healthy, particularly in corn and wheat segments, while procurement activity improved compared to the previous quarter. On the supply side, operating rates were maintained at balanced levels, with producers aligning output to steady domestic and export requirements. Trade flows remained stable, although buyers continued measured purchasing strategies. Overall, the market reflected firmer fundamentals supported by improving demand and controlled production dynamics.

USA: Urea Ammonium Nitrate (UAN) export prices New Orleans, USA; Grade- 32% UAN

In USA, the Urea Ammonium Nitrate (UAN) price trend in Q3 2025 witnessed a softening trajectory reflecting a 3% decline compared to the previous quarter. Buying momentum slowed following the completion of peak summer applications, while distributors limited fresh purchases amid comfortable inventory positions. UAN production, dependent on ammonia, urea, and ammonium nitrate feedstocks derived primarily from natural gas, remained steady as feedstock costs showed limited volatility during the quarter. Supply levels were adequate, with producers maintaining balanced operating rates to align output with moderating consumption patterns. Domestic consumption eased slightly after strong seasonal demand earlier in the year, though baseline agricultural requirements continued to support market activity. Export trade remained competitive, with ample availability influencing pricing sentiment. In September 2025, Urea Ammonium Nitrate (UAN) prices in the US increased by approximately 1% due to short-term restocking demand and marginally firmer ammonia costs. Overall, the market reflected balanced fundamentals with mild downward pressure.

Lithuania: Urea Ammonium Nitrate (UAN) export prices Klaipeda, Lithuania; Grade- 32% UAN

In Lithuania, the Urea Ammonium Nitrate (UAN) price trend in Q3 2025 witnessed a firm upward momentum reflecting a 5% increase compared to the previous quarter. The price rise has been supported by improved seasonal demand across the Baltic and neighboring European agricultural markets. UAN production, primarily reliant on ammonia, urea, and ammonium nitrate feedstocks derived from natural gas, experienced moderate cost support amid stable energy prices. Demand strengthened due to active field applications and advance procurement ahead of autumn sowing activities, while overall consumption remained steady. On the supply side, producers maintained balanced operating rates to align output with regional requirements and avoid excess inventory accumulation. Export flows within Europe remained stable, supported by consistent trade movements. In September 2025, Urea Ammonium Nitrate (UAN) prices in Lithuania decreased by approximately 2% due to temporary demand slowdown and sufficient product availability.

France: Urea Ammonium Nitrate (UAN) domestically traded prices in Rouen, France; Grade- 30% UAN

In France, the Urea Ammonium Nitrate (UAN) price trend in Q3 2025 witnessed a firm upward trend reflecting a 6% increase compared to the previous quarter. The improvement has been driven by stronger agricultural demand and supportive feedstock dynamics. UAN production, dependent on ammonia, urea, and ammonium nitrate derived primarily from natural gas, experienced moderate cost pressure amid stable to slightly higher energy prices in Europe. Demand strengthened due to active summer applications and early procurement for autumn sowing, while overall consumption remained consistent across key farming regions. On the supply side, producers maintained controlled operating rates to balance output with domestic and regional requirements, preventing excess stock accumulation. Export activity within Europe remained steady, supported by stable trade flows. In September 2025, Urea Ammonium Nitrate (UAN) prices in France decreased by approximately 1% due to temporary demand easing and sufficient inventory availability. Overall, the market reflected firm fundamentals supported by steady consumption and disciplined production.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, in Q2 2025 the 32% Urea Ammonium Nitrate (UAN) market on an FOB Klaipeda basis, recorded a firm upward trend, reflecting a 9% increase from the previous quarter. The rise was driven by sustained agricultural demand and supportive feedstock conditions. Production continued to rely on ammonia, urea, and ammonium nitrate, with relatively stable natural gas prices offering moderate cost stability compared to Q1. Demand remained healthy due to active spring applications and steady fertilizer consumption across regional farming sectors. Supply conditions improved slightly as producers maintained balanced operating rates, ensuring adequate availability without significant stock accumulation. Export activity remained consistent, supported by steady trade flows within Europe. Overall, the market maintained positive momentum, underpinned by stable production, resilient consumption patterns, and supportive supply-demand fundamentals.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, in Q1 2025 the 32% Urea Ammonium Nitrate (UAN) market on an FOB Klaipeda basis, witnessed a strong upward trend, reflecting a 23% increase from the previous quarter. The sharp rise was supported by tight regional supply and firm feedstock dynamics. UAN production, dependent on ammonia, urea, and ammonium nitrate derived primarily from natural gas, faced cost pressure amid elevated gas prices across Europe. Demand strengthened considerably due to early procurement for spring applications, while consumption improved across Baltic and neighboring agricultural markets. Supply remained relatively constrained as some producers operated at moderated rates to manage energy costs and maintenance schedules. Export inquiries improved during the quarter, contributing to firmer trade activity. Overall, the market reflected strong demand fundamentals, supported by rising production costs and balanced yet slightly tight supply conditions.

Urea Ammonium Nitrate Price Trend Analysis: Q4 2024

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, in Q4 2024 the 32% Urea Ammonium Nitrate (UAN) market on an FOB Klaipeda basis, extended its upward movement, reflecting a 9% increase from the previous quarter. The price rise was driven by stronger seasonal demand for winter crop nutrition and supportive feedstock trends. Ammonia, urea, and ammonium nitrate costs firmed slightly amid stable to moderately higher natural gas pricing, influencing production economics. Consumption strengthened steadily across key European agricultural markets, encouraging advance procurement for early 2025 applications. Producers managed operating rates cautiously to balance output with firming demand and prevent excess inventory build-up. Export activity remained stable, supported by consistent regional trade and balanced supply conditions. Overall, the market demonstrated firm fundamentals, supported by healthy consumption, controlled production, and modest upstream cost reinforcement.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, in Q3 2024 the 32% Urea Ammonium Nitrate (UAN) market on an FOB Klaipeda basis, experienced a recovery, reflecting a 9% increase from the previous quarter. The rebound was supported by improving agricultural demand and gradual restocking activity ahead of autumn sowing. Feedstock ammonia, urea, and ammonium nitrate prices stabilized as natural gas costs showed mild firmness, providing moderate production cost support. Consumption improved across Baltic and neighboring European markets, encouraging more active procurement. Producers maintained controlled operating rates to align output with rising demand and avoid supply imbalances. Export movements strengthened moderately, supported by steady regional trade flows and improved buying sentiment. Overall, the market reflected balanced supply-demand fundamentals, firmer feedstock support, and recovering consumption trends that contributed to improved pricing stability during the quarter.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, in Q2 2024 the 32% Urea Ammonium Nitrate (UAN) market on an FOB Klaipeda basis, witnessed a significant downturn, reflecting a 13% decline from the previous quarter. The sharp correction was driven by ample regional supply and weakened post-application demand across major agricultural zones. Feedstock ammonia and urea prices remained stable to slightly softer, supported by sufficient natural gas availability, which eased production costs. Consumption slowed considerably following the completion of peak spring fertilizer applications, reducing immediate purchasing requirements. Producers maintained balanced but steady operating rates, resulting in comfortable inventory levels in the market. Export inquiries were moderate, with competitive pricing from alternative origins limiting trade activity. Overall, the quarter reflected oversupply conditions, subdued consumption, and limited cost pressure from feedstock markets, contributing to the sustained downward pricing momentum.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, in Q1 2024 the 32% Urea Ammonium Nitrate (UAN) market on an FOB Klaipeda basis, recorded a bearish trend, reflecting an 8% decline from the previous quarter. The decline was primarily attributed to comfortable supply availability and softer seasonal demand across key European agricultural markets. Feedstock ammonia, urea, and ammonium nitrate costs eased amid relatively stable natural gas prices, reducing production pressure for manufacturers. Demand from winter crop segments remained moderate, while buyers adopted cautious procurement strategies and relied on existing inventories. Production levels were maintained at steady operating rates to align with subdued consumption trends and prevent stock accumulation. Export activity remained balanced but lacked strong momentum due to competitive regional offers. Overall, the market reflected soft demand-supply dynamics, adequate product availability, and limited cost support from upstream feedstock movements.

Technical Specifications of Urea Ammonium Nitrate Price Trends

Product Description

Urea Ammonium Nitrate (UAN) is a widely used liquid nitrogen fertilizer valued for its high nutrient efficiency, ease of handling, and uniform application. It is produced by dissolving urea and ammonium nitrate in water to create a stable aqueous solution, typically containing 28%, 30%, or 32% nitrogen. UAN provides three forms of nitrogen nitrate, ammonium, and urea, ensuring both immediate and sustained nutrient availability to crops. Its liquid form allows precise application through sprayers, fertigation systems, and blending with other nutrients such as sulfur solutions. UAN offers consistent quality, good storage stability, and compatibility with modern precision farming practices, making it suitable for cereals, oilseeds, corn, and various commercial crops worldwide.

Identifiers and Classification:

CAS No – 15978-77-5

HS Code – 31028000

Molecular Formula – CH6N4O4

Molecular Weight[g/mol] – 138.08 g/mol

Urea Ammonium Nitrate (UAN) Synonyms:

  • Nitric acid ammonium salt, mixture with urea
  • Nitric acid ammonium salt (1:1), mixture with urea


Urea Ammonium Nitrate (UAN) Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 10,000-15,000 MT
  • Packaging Type (Product & Country Specific): Tank


Incoterms Referenced in UAN Price Reporting

Shipping Term  Location  Definition 
FOB New Orleans  New Orleans, USA  UAN Export price from USA. 
FOB Klaipeda  Klaipeda, Lithuania  UAN Export price from Lithuania. 
FCA Rouen  Rouen, France  UAN delivery at a named place in Rouen. 

*Quotation Terms refers to the quantity range specified for the UAN being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for UAN packing, ease of handling, transportation, and storage in industrial and commercial applications.

Urea Ammonium Nitrate (UAN) Manufacturers and their brands

Manufacturer 
Achema 
CF Industries 
Nutrien Ltd 
Yara International 

Urea Ammonium Nitrate Industrial Applications

Historically, several events have caused significant fluctuations in Urea Ammonium Nitrate prices

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global urea ammonium nitrate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the urea ammonium nitrate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence urea ammonium nitrate prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely urea ammonium nitrate market data.

Track Price Watch's™ urea ammonium nitrate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Urea Ammonium Nitrate Market Price Trend published by 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ assumes no liability for decisions taken based on this information.

UAN is a liquid nitrogen fertilizer made from urea and ammonium nitrate solutions. It is widely used in corn, wheat, and other crop production. Its price directly impacts farming costs, crop margins, and fertilizer procurement budgets. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ tracks UAN prices to help market participants monitor cost trends.

UAN prices vary by region, grade (28%, 30%, 32%), and trade basis (FOB, CFR). Prices fluctuate depending on seasonal demand and feedstock ammonia and natural gas costs. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ provides up-to-date price assessments across key global markets.

UAN prices are influenced by ammonia, urea, natural gas costs, agricultural demand cycles, operating rates, and global trade flows. Seasonal application periods strongly affect pricing direction.

The agriculture sector is the primary consumer, particularly corn, wheat, and cereal producers. Industrial NOx reduction applications account for a smaller share. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ tracks consumption trends.

UAN is produced in fertilizer plants by blending urea, ammonium nitrate, and water. Major production hubs include the United States, Europe, Russia, and North Africa.

Major exporters include Lithuania, USA, and selected European producers. Export volumes depend on production capacity and domestic consumption levels. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ monitors global trade flows.

Supply is generally adequate, though tightness can occur during peak planting seasons or plant shutdowns. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ tracks supply-demand balances.

Common grades include UAN 28%, 30%, and 32%. Prices differ based on nitrogen concentration, seasonal availability, and regional demand patterns. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ offers grade-wise assessments.

Prices typically rise during planting seasons, spot availability tightens, and lead times extend. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ captures real-time demand-driven shifts.

Ammonia, derived from natural gas, is the key feedstock. Higher gas or ammonia prices raise production costs, influencing UAN pricing trends.

Freight costs, production capacity, natural gas pricing, import duties, and crop demand influence regional price variations. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ tracks these differentials.

Outlook depends on energy markets, planting acreage, fertilizer demand, and global trade dynamics. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ publishes regular forecasts.

Yes. Forecasts support procurement planning, inventory management, and contract negotiations, helping manage fertilizer cost risks effectively.

Energy price volatility, geopolitical tensions, trade policies, and shipping disruptions can affect feedstock availability and export flows, influencing prices.

𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ collects data from producers, traders, and distributors to publish transparent UAN price assessments, market analysis, and forecasts.

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