Cote d'Ivoire: Ammonium Sulphate Market 2025

Ammonium Sulphate Market Size in Cote d'Ivoire

The Cote d'Ivoire's ammonium sulphate market dropped to $X in 2022, with a decrease of -10.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt downturn. Ammonium sulphate consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Ammonium Sulphate Exports

Exports from Cote d'Ivoire

In 2022, after three years of growth, there was decline in overseas shipments of ammonium sulphate, when their volume decreased by -1.6% to X tons. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by 1,859% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, ammonium sulphate exports totaled $X in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 2,513% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for ammonium sulphate exports from Cote d'Ivoire, accounting for a 91% share of total exports. Moreover, ammonium sulphate exports to Burkina Faso exceeded the volume sent to the second major destination, Mali (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Burkina Faso totaled -10.7%.

In value terms, Burkina Faso ($X) remains the key foreign market for ammonium sulphate exports from Cote d'Ivoire, comprising 89% of total exports. The second position in the ranking was held by Mali ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Burkina Faso totaled -10.5%.

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, picking up by 1.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 64% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Burkina Faso totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+3.7%).

Ammonium Sulphate Imports

Imports into Cote d'Ivoire

In 2022, imports of ammonium sulphate into Cote d'Ivoire declined to X tons, falling by -9.9% against the previous year's figure. Overall, imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2019 when imports increased by 68% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, ammonium sulphate imports fell to $X in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 115% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of ammonium sulphate to Cote d'Ivoire, with a 47% share of total imports. Moreover, ammonium sulphate imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Lithuania (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.0% per year) and Lithuania (-2.8% per year).

In value terms, China ($X), the United States ($X) and Belarus ($X) were the largest ammonium sulphate suppliers to Cote d'Ivoire, with a combined 85% share of total imports.

China, with a CAGR of +11.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average ammonium sulphate import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform