Tanzania: Fertilizer Market 2024

Fertilizer Market Size in Tanzania

The Tanzanian fertilizer market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption posted a resilient increase. Fertilizer consumption peaked in 2022 and is expected to retain growth in the near future.

Fertilizer Production in Tanzania

In value terms, fertilizer production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Fertilizer Exports

Exports from Tanzania

In 2022, fertilizer exports from Tanzania soared to X tons, rising by X% compared with 2021 figures. In general, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer exports soared to $X in 2022. Over the period under review, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Burundi (X tons) was the main destination for fertilizer exports from Tanzania, with a X% share of total exports. Moreover, fertilizer exports to Burundi exceeded the volume sent to the second major destination, Zambia (X tons), eightfold. The third position in this ranking was held by Democratic Republic of the Congo (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burundi stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, Burundi ($X) remains the key foreign market for fertilizers exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with an X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Burundi totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the average fertilizer export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Rwanda ($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 Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fertilizer Imports

Imports into Tanzania

In 2022, the amount of fertilizers imported into Tanzania soared to X tons, jumping by X% compared with the previous year. Over the period under review, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer imports surged to $X in 2022. In general, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Morocco (X tons) constituted the largest supplier of fertilizer to Tanzania, with a X% share of total imports. Moreover, fertilizer imports from Morocco exceeded the figures recorded by the second-largest supplier, Russia (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Morocco amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and China (X% per year).

In value terms, the largest fertilizer suppliers to Tanzania were Morocco ($X), Finland ($X) and Russia ($X), together comprising X% of total imports. Oman, Saudi Arabia, Qatar, China, Turkey, Vietnam, Madagascar, the Netherlands and Jordan lagged somewhat behind, together comprising a further X%.

Oman, 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 fertilizer import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform