Report Update Jan 1, 2025

Nigeria - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Nigeria: Mixed Fertilizer Market 2025

Mixed Fertilizer Market Size in Nigeria

After two years of growth, the Nigerien mixed fertilizer market decreased by -9.7% to $X in 2022. Overall, consumption, however, saw a moderate expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Mixed Fertilizer Exports

Exports from Nigeria

For the third year in a row, Nigeria recorded growth in shipments abroad of mixed fertilizers, which increased by 31% to X tons in 2022. Overall, exports recorded a moderate expansion. The pace of growth appeared the most rapid in 2014 with an increase of 3,291% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, mixed fertilizer exports declined to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2014 when exports increased by 5,295% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Niger (X tons) was the main destination for mixed fertilizer exports from Nigeria, with a 97% share of total exports. It was followed by Togo (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger stood at +71.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (-96.4% per year) and Benin (-54.2% per year).

In value terms, Niger ($X) remains the key foreign market for mixed fertilizers exports from Nigeria, comprising 94% of total exports. The second position in the ranking was held by Benin ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Niger totaled +38.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (-57.0% per year) and Togo (-97.8% per year).

Export Prices by Country

In 2022, the average mixed fertilizer export price amounted to $X per ton, shrinking by -28.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 59%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 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 Benin ($X per ton), while the average price for exports to Togo ($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 France (+47.5%), while the prices for the other major destinations experienced a decline.

Mixed Fertilizer Imports

Imports into Nigeria

In 2022, after two years of growth, there was significant decline in overseas purchases of mixed fertilizers, when their volume decreased by -10.8% to X tons. Over the period under review, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 226%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, mixed fertilizer imports reduced to $X in 2022. Overall, imports, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2016 when imports increased by 206%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

Morocco (X tons), China (X tons) and the United States (X tons) were the main suppliers of mixed fertilizer imports to Nigeria, with a combined 77% share of total imports. Spain and the Netherlands lagged somewhat behind, together accounting for a further 5.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +425.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), China ($X) and the United States ($X) constituted the largest mixed fertilizer suppliers to Nigeria, together accounting for 88% of total imports. Spain and the Netherlands lagged somewhat behind, together comprising a further 5.6%.

Among the main suppliers, the Netherlands, with a CAGR of +387.9%, 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

The average mixed fertilizer import price stood at $X per ton in 2022, with an increase of 1.8% against the previous year. In general, the import price, however, showed a pronounced slump. The growth pace was the most rapid in 2019 an increase of 47% 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 remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixed fertilizers in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 48% share of global consumption. India, Indonesia, Russia, Canada, Vietnam, Germany and Egypt lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of mixed fertilizers in the world?

China remains the largest mixed fertilizer producing country worldwide, comprising approx. 29% of total volume. Moreover, mixed fertilizer production in China exceeded the figures recorded by the second-largest producer, Brazil, threefold. The third position in this ranking was occupied by Russia, with a 9.9% share.

What are the leading suppliers of mixed fertilizers to Nigeria?

In value terms, the largest mixed fertilizer suppliers to Nigeria were Morocco, Spain and China, with a combined 96% share of total imports.

What are the leading importers of mixed fertilizers from Nigeria?

In value terms, Burkina Faso emerged as the key foreign market for mixed fertilizer exports from Nigeria, comprising 68% of total exports. The second position in the ranking was occupied by Niger, with a 32% share of total exports.

What is the average export price for mixed fertilizers in Nigeria?

In 2021, the average mixed fertilizer export price amounted to $144 per ton, surging by 3.5% against the previous year.

What is the average import price for mixed fertilizers in Nigeria?

In 2021, the average mixed fertilizer import price amounted to $409 per ton, picking up by 3.9% against the previous year.

This report provides an in-depth analysis of the mixed fertilizer market in Nigeria. 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 20157130 -
Prodcom 20157180 -
Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024