
Ghana - Nitrogen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGhana: Nitrogen Market 2025
Nitrogen Market Size in Ghana
The Ghanian nitrogen market reduced to $X in 2021, waning by -13.7% against the previous year. Overall, consumption, however, posted resilient growth. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced in the following year.
Nitrogen Production in Ghana
In value terms, nitrogen production declined dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 67%. Over the period under review, production attained the maximum level at $X in 2020, and then declined rapidly in the following year.
Nitrogen Exports
Exports from Ghana
In 2021, the amount of nitrogen exported from Ghana declined markedly to X cubic meters, dropping by -70.5% against the previous year's figure. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 148%. The exports peaked at X cubic meters in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, nitrogen exports contracted significantly to $X in 2021. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 372% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Cote d'Ivoire (X cubic meters) was the main destination for nitrogen exports from Ghana, accounting for a 64% share of total exports. Moreover, nitrogen exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Togo (X cubic meters), threefold. The third position in this ranking was taken by Benin (X cubic meters), with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Cote d'Ivoire stood at -14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (+18.0% per year) and Benin (-18.9% per year).
In value terms, Cote d'Ivoire ($X) remains the key foreign market for nitrogen exports from Ghana, comprising 67% of total exports. The second position in the ranking was held by Togo ($X), with a 16% share of total exports. It was followed by Benin, with a 12% share.
From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire totaled -12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (-2.1% per year) and Benin (-22.5% per year).
Export Prices by Country
The average nitrogen export price stood at $X per cubic meter in 2021, surging by 12% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 90% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($X per cubic meter), while the average price for exports to Togo ($X per cubic meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+2.1%), while the prices for the other major destinations experienced a decline.
Nitrogen Imports
Imports into Ghana
In 2021, overseas purchases of nitrogen decreased by -83.4% to X cubic meters, falling for the second year in a row after three years of growth. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 535%. Over the period under review, imports reached the maximum at X cubic meters in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, nitrogen imports reduced notably to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 490% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Cote d'Ivoire (X cubic meters) was the main supplier of nitrogen to Ghana, with a 96% share of total imports. It was followed by Belgium (X cubic meters), with a 2% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Cote d'Ivoire totaled +27.9%.
In value terms, Cote d'Ivoire ($X) constituted the largest supplier of nitrogen to Ghana, comprising 58% of total imports. The second position in the ranking was held by Belgium ($X), with a 2.6% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Cote d'Ivoire totaled +15.9%.
Import Prices by Country
The average nitrogen import price stood at $X per cubic meter in 2021, declining by -35.2% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 58%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for Cote d'Ivoire totaled $X per cubic meter.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the nitrogen market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111160 - Nitrogen
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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