Pakistan’s Urea Stocks Hit 5-Year High in April 2025

Urea inventory in Pakistan surged to a five-year high of 1.1 million tons in April 2025, significantly above the five-year average of 337,000 tons. According to Topline Securities, the buildup was mainly due to lower urea demand driven by weak farm economics, persistent water shortages, and delayed rains across the country With local demand muted, stakeholders believe there is an opportunity to ease the surplus through exports. If the government permits the export of 700,000 tons of urea, it could bring in an estimated US$200 million in foreign exchange.