Africa: Nitrogenous Fertilizer Market 2024

Nitrogenous Fertilizer Market Size in Africa

The African nitrogenous fertilizer market reached $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Nitrogenous Fertilizer Production in Africa

In value terms, nitrogenous fertilizer production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Nitrogenous Fertilizer Exports

Exports in Africa

In 2022, shipments abroad of nitrogenous fertilizers (mineral or chemical) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded prominent growth. The growth pace was the most rapid in 2016 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, nitrogenous fertilizer exports skyrocketed to $X in 2022. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

The shipments of the three major exporters of nitrogenous fertilizers (mineral or chemical), namely Egypt, Algeria and Nigeria, represented more than two-thirds of total export. It was distantly followed by South Africa (X tons), comprising a X% share of total exports.

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

In value terms, Nigeria ($X), Egypt ($X) and Algeria ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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, surging by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Nitrogenous Fertilizer Imports

Imports in Africa

Nitrogenous fertilizer imports soared to X tons in 2022, increasing by X% compared with the year before. Total imports indicated a notable increase 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 increased by X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nitrogenous fertilizer imports skyrocketed to $X in 2022. Overall, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Tanzania (X tons), Zambia (X tons), Ethiopia (X tons), Kenya (X tons), Zimbabwe (X tons), Morocco (X tons) and Mozambique (X tons) represented the major importers of nitrogenous fertilizers (mineral or chemical), together making up X% of total imports. Ghana (X tons), Cote d'Ivoire (X tons), Djibouti (X tons), Malawi (X tons) and Sudan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to nitrogenous fertilizer imports into South Africa stood at X%. At the same time, Kenya (X%), Zimbabwe (X%), Tanzania (X%), Mozambique (X%), Sudan (X%), Zambia (X%), Ethiopia (X%), Cote d'Ivoire (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Ghana experienced a relatively flat trend pattern. By contrast, Malawi (X%) and Djibouti (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Kenya (X p.p.), Zimbabwe (X p.p.), Mozambique (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total imports, while Ghana, Malawi and Djibouti saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest nitrogenous fertilizer importing markets in Africa were South Africa ($X), Ethiopia ($X) and Zambia ($X), together accounting for X% of total imports. Tanzania, Zimbabwe, Morocco, Mozambique, Kenya, Malawi, Cote d'Ivoire, Djibouti, Sudan and Ghana lagged somewhat behind, together comprising a further X%.

Tanzania, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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, growing by X% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price 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, nitrogenous fertilizer import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ethiopia ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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