India Urea Import Bill

Urea imports to fall in FY23, 7.4 mn tonne imported till March 24: Govt

India has imported 74.86 lakh tonne of urea till March 24 and is set to register a year-on-year decline this fiscal. In a written reply to the Rajya Sabha, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba shared the details of the import of urea in the last five years. As per the data, the country has imported 74.86 lakh tonnes up to March 24 of the current financial year. Urea imports stood at 91.36 lakh tonnes in 2021-22 fiscal, 98.28 lakh tonnes in 2020-21, 91.23 lakh tonnes in 2019-20 and 74.81 lakh tonnes in 2018-19. "It may be learnt from the above table that import of urea has increased from the year 2018-19 to 2020-21, however, it has decreased in the year 2021-22 and 2022-23," Khuba said. IFFCO commenced the commercial production of nano-liquid urea from August 1, 2021. Nano urea production stood at 290 lakh bottles (500 ml each) last fiscal and 452.11 lakh bottles up to March 21 this fiscal.

India's FY24 urea imports likely to dip by 33%, say trade sources

According to trade and industry sources, in FY24 domestic production is expected to be around 30 million tonnes, up from the more than 28 million tonnes in FY23

India set to be self-sufficient in urea by 2025 even without help from nano

The commissioning of new plants is expected to bring down import dependency to less than half of current levels

India may not need to import urea after 2025, says Mansukh Mandaviya

This is owing to rising domestic production, nano supplies

India to import 47,000 tonnes of urea from the US; more likely in future

The US is not a major urea exporting country, and govt data shows that Indian imports from Washington in 2019-20 were only 1.47 tonnes

Iran sanctions could swell India's urea import bill

India was importing urea via the UAE route and making payment in dirhams (the latter's currency) during the earlier sanctions period