As of April 2, urea fertilizer (46-0-0) prices in Thailand skyrocketed by 40%, jumping from the 800-baht level to 1,200 baht per 50kg.

 

The Graph showed the trend in importation data by Thailand in kilo USD from 2021 to 2025.

Source: Preparation by HS-TECH based on the date of World Trade Map

 

• Saudi Arabia: The absolute largest supplier. Following a massive spike in 2022, import values have remained consistently high (above 400K KiloUSD), solidifying its position as the most stable baseload supplier.
  
  
• Malaysia: The second-largest supplier. After reaching a peak in 2022, values dropped significantly in 2024 but are showing clear signs of recovery in 2025.
  
  
• Oman: Shows the most remarkable growth trend. Despite a sharp drop in 2022, import values have expanded rapidly since, recently rivaling Malaysia as a primary procurement source.
  
  
• Qatar: Experienced a massive surge in 2022 (increasing by approx. 70%), but has since declined, stabilizing at levels lower than those recorded in 2021.
  
  
• Brunei Darussalam: An emerging and important intra-ASEAN supply source since 2022, having steadily grown and maintained its market share.

• Indonesia: Following a continuous downward trend from 2021, the last two years have shown a slight but steady recovery, maintaining a firm baseline.
  
  
• China: Displays a highly atypical trend: imports crashed to near zero in 2024 but experienced a sudden, massive spike in 2025, indicating reactive spot-supply movements likely tied to policies or sudden market shifts.
  
  
• Bahrain, UAE, Uzbekistan: Highly volatile import values year-over-year, suggesting these countries act primarily as alternative, spot-basis sources utilized during periods of price spikes or tight supply.

 (Bee, Hashi)