Ghana: Nitrogenous Fertilizer Market 2025

Nitrogenous Fertilizer Market Size in Ghana

The Ghanian nitrogenous fertilizer market was estimated at $X in 2022, increasing by X% against the previous year. In general, consumption posted a notable increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Nitrogenous Fertilizer Production in Ghana

In value terms, nitrogenous fertilizer production rose markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The growth pace was the most rapid in 2013 when the production volume increased by X%. Nitrogenous fertilizer production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Nitrogenous Fertilizer Exports

Exports from Ghana

Nitrogenous fertilizer exports from Ghana shrank notably to X tons in 2022, dropping by X% on the previous year. Overall, exports recorded a noticeable setback. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, nitrogenous fertilizer exports fell significantly to $X in 2022. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Burkina Faso (X tons) was the main destination for nitrogenous fertilizer exports from Ghana, with a X% share of total exports. Moreover, nitrogenous fertilizer exports to Burkina Faso exceeded the volume sent to the second major destination, Mauritania (X tons), sevenfold. Liberia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and Liberia (X% per year).

In value terms, the largest markets for nitrogenous fertilizer exported from Ghana were Liberia ($X), Burkina Faso ($X) and Mauritania ($X), with a combined X% share of total exports.

Among the main countries of destination, Liberia, with a CAGR of X%, recorded the highest growth rate of 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

The average nitrogenous fertilizer export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (X%), while the prices for the other major destinations experienced a decline.

Nitrogenous Fertilizer Imports

Imports into Ghana

In 2022, supplies from abroad of nitrogenous fertilizers (mineral or chemical) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, nitrogenous fertilizer imports reduced sharply to $X in 2022. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Ukraine (X tons), Georgia (X tons) and Russia (X tons) were the main suppliers of nitrogenous fertilizer imports to Ghana, with a combined X% share of total imports. China, Sweden, Egypt, Lithuania, Libya, South Africa, Latvia, Belgium, Finland and Bulgaria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Georgia ($X) and Sweden ($X) were the largest nitrogenous fertilizer suppliers to Ghana, together accounting for X% of total imports.

South Africa, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nitrogenous fertilizer import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 South Africa ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :