SADC: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in SADC

In 2022, the SADC animal or vegetable fertilisers market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, showed a pronounced expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Animal Or Vegetable Fertilisers in SADC

In value terms, animal or vegetable fertilisers production dropped slightly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Animal Or Vegetable Fertilisers

Exports in SADC

For the third year in a row, SADC recorded decline in overseas shipments of animal or vegetable fertilisers, which decreased by X% to X tons in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, animal or vegetable fertilisers exports dropped to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa was the major exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Namibia (X tons), achieving an X% share of total exports. The following exporters - Madagascar (X tons), Botswana (X tons) and Zambia (X tons) - each finished at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to animal or vegetable fertilisers exports from South Africa stood at X%. At the same time, Botswana (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Madagascar experienced a relatively flat trend pattern. By contrast, Namibia (X%) illustrated a downward trend over the same period. While the share of Namibia (X p.p.), Botswana (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest animal or vegetable fertilisers supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Madagascar, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (X% per year) and Madagascar (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Imports of Animal Or Vegetable Fertilisers

Imports in SADC

In 2022, approx. X tons of animal or vegetable fertilisers were imported in SADC; growing by X% against the year before. Overall, imports, however, saw a pronounced reduction. The growth pace was the most rapid in 2016 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, animal or vegetable fertilisers imports reached $X in 2022. In general, imports, however, recorded a slight curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Swaziland (X tons), South Africa (X tons) and Madagascar (X tons) represented roughly X% of total imports in 2022. Zimbabwe (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Angola (X%). The following importers - Namibia (X tons) and Mozambique (X tons) - each reached a X% share of total imports.

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

In value terms, the largest animal or vegetable fertilisers importing markets in SADC were South Africa ($X), Swaziland ($X) and Angola ($X), with a combined X% share of total imports. Zimbabwe, Madagascar, Mozambique and Namibia lagged somewhat behind, together comprising a further X%.

Madagascar, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in SADC stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of import peaked at $X per ton in 2021, and then declined markedly in the following year.

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

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

Source: IndexBox Platform