Africa: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Africa

The African animal or vegetable fertilisers market contracted to $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Animal Or Vegetable Fertilisers in Africa

In value terms, animal or vegetable fertilisers production contracted slightly to $X in 2022 estimated in export price. The total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports in Africa

In 2022, overseas shipments of animal or vegetable fertilisers decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, animal or vegetable fertilisers exports declined to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Mauritania was the major exporter of animal or vegetable fertilisers in Africa, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. South Africa (X tons) ranks second in terms of the total exports with a X% share, followed by Egypt (X%). Cote d'Ivoire (X tons), Burkina Faso (X tons), Namibia (X tons) and Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Senegal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Mauritania ($X) and Egypt ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Cote d'Ivoire, Namibia, Senegal and Burkina Faso lagged somewhat behind, together accounting for a further X%.

Senegal, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, stabilizing at the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports in Africa

In 2022, approx. X tons of animal or vegetable fertilisers were imported in Africa; increasing by X% on the previous year. Total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, animal or vegetable fertilisers imports expanded to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Algeria (X tons), Ghana (X tons), Libya (X tons), Swaziland (X tons), South Africa (X tons), Madagascar (X tons), Cote d'Ivoire (X tons), Senegal (X tons), Zimbabwe (X tons), Angola (X tons), Tunisia (X tons) and Kenya (X tons) represented the largest importer of animal or vegetable fertilisers in Africa, constituting X% of total import.

From 2012 to 2022, the biggest increases were recorded for Madagascar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest animal or vegetable fertilisers importing markets in Africa were Algeria ($X), Ghana ($X) and Libya ($X), together comprising X% of total imports. South Africa, Swaziland, Cote d'Ivoire, Angola, Kenya, Zimbabwe, Tunisia, Senegal and Madagascar lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Madagascar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kenya ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Libya (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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