Africa Fertilizer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Africa Fertilizer Market report has been segmented by Type (Straight and Complex Fertilizers), Crop Type (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, and Other Crop Types), and Geography (South Africa, Kenya, Egypt, Morocco, Nigeria, and Rest of Africa).

Market Snapshot

Africa Fertilizers Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 5.1 %

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Market Overview

The African fertilizer market is projected to register a CAGR of 5.1% during the forecast period (2021-2026).

COVID-19 has a direct and negative impact on the value chain of the African fertilizers market. The lockdown in different countries of the region has affected the transportation systems adversely. This has led to the use of the emergency stock of raw materials by manufacturers for continuing production.

Fertilizer consumption is the key to Africa's food security, as it increases agricultural production. The region continues to offer the greatest growth opportunities with respect to fertilizer sales. However, few challenges, such as an uncertain policy environment, limited access to finance, and infrastructural constraints are hampering its growth to a certain extent.

In Africa, opportunities for the fertilizer market’s growth can be materialized if certain aspects, such as improved regional trade cooperation, increased private sector involvement, and improved infrastructure and transportation arrangements, are successfully combined to support the growth the potential of the market.

Scope of the report

The International Fertilizer Association defines a fertilizer as “any solid, liquid, or gaseous substance containing one or more plant nutrient in a known amount, that is applied to the soil, directly on plants, or added as aqueous solutions (as in fertigation) to maintain soil fertility, improve crop development, yield, and/or crop quality”. The African fertilizer market is segmented by type (straight and complex fertilizers), crop type (grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, and other crop types), and geography (South Africa, Kenya, Egypt, Morocco, Nigeria, and Rest of Africa).

Type
Straight Fertilizers
Nitrogenous Fertilizers
Urea
Calcium Ammonium Nitrate
Ammonium Nitrate
Ammonium Sulfate
Anhydrous Ammonia
Other Nitrogenous Fertilizers
Phosphatic Fertilizers
Mono-Ammonium Phosphate (MAP)
Di-Ammonium Phosphate (DAP)
Single Super Phosphate (SSP)
Triple Super Phosphate (TSP)
Other Phosphatic Fertilizers
Potash Fertilizers
Muriate of Potash (MoP)
Sulfate of Potash (SoP)
Secondary Macronutrient Fertilizers
Calcium Fertilizers
Magnesium Fertilizers
Sulfur Fertilizers
Micronutrient Fertilizers
Zinc
Manganese
Copper
Iron
Boron
Molybdenum
Other Micronutrient Fertilizers
Complex Fertilizers
Crop Type
Grains and Cereals
Pulses and Oilseeds
Commercial Crops
Fruits and Vegetables
Other Crop Types
Geography
South Africa
Kenya
Egypt
Morocco
Nigeria
Rest of Africa

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Key Market Trends

Increasing Food demand and Need for Sustainable Agricultural Development

Africa has the highest population with the largest area of arable land. For instance, the Sub-Saharan Africa region has 13.0% of the world population and has approximately 20.0% of the global agricultural land by area. However, the region faces severe food insecurity, which is primarily attributed to inadequate food production due to a lack of access to modern mechanization and limited use of fertilizers. For instance, according to FAO, the count of undernourished people in Sub-Saharan Africa has risen from 232.0 million in 2017 to 239.0 million in 2018. The governments are consistently implementing various policies for improving agricultural productivity to reduce undernourishment in the region. By focusing on this, governments are partnering with private entities to boost fertilizer production in the region. In 2016, the Ethiopian government partnered with a leading phosphate export firm, OCP, which is 95.0% owned by the Moroccan government, to construct a USD 3.7 billion fertilizer plant for sustainable agricultural development across Africa. In addition, current regional policies favoring domestic fertilizer production in countries like Kenya and Morocco can stimulate market growth during the forecast period.

africa-fertilizers-market

Increasing Investments in Fertilizer Production

There is an increase in domestic fertilizer production (including potassic fertilizers) in the region due to the investments to develop new fertilizer manufacturing plants. Favorable tax slabs promoting the domestic mining of ammonia and potash have further augmented the investments across various regions. Ethiopia, in recent years, has become a hotspot for the potassic fertilizer market, accompanied by ongoing investments in the country’s fertilizer sector. For instance, in 2017, Yara signed an agreement with the Ethiopian government to develop the Yara Dallol potash mine. The mine production capacity is about 600,000 metric ton of SOP (sulfur of potash) per year, equivalent to 10.0% of global production. Similarly, in 2020, other investments (for example, Dangote is constructing an ammonia urea complex of 2.6 million metric ton in Lagos, Nigeria) are likely to stimulate market growth during the forecast period.

tax in Africa

Competitive Landscape

The African fertilizers market is fragmented with the presence of many global and local players in the region. Yara International ASA, Israel Chemicals Ltd, Haifa Group, Groupe OCP, and Omnia Holdings Limited are some of the major players who have their operations in the region. These companies are expanding their presence by building new fertilizer manufacturing plants to boost domestic fertilizer production.

Recent Developments

In July 2018, Haifa Group expanded its product portfolio by launching a new Multicote Micro to provide complete, balanced nutrition throughout the lifecycle. The compnay has launched it globally, including Africa.

In February 2017, Yara opened a USD 2.3 million liquid fertilizer plant in Malmesbury, South Africa. With this investment, the firm expanded its production capacity to exploit the agricultural potential of South Africa and to become the leading crop nutrition company in the country.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Straight Fertilizers

        1. 5.1.1.1 Nitrogenous Fertilizers

          1. 5.1.1.1.1 Urea

          2. 5.1.1.1.2 Calcium Ammonium Nitrate

          3. 5.1.1.1.3 Ammonium Nitrate

          4. 5.1.1.1.4 Ammonium Sulfate

          5. 5.1.1.1.5 Anhydrous Ammonia

          6. 5.1.1.1.6 Other Nitrogenous Fertilizers

        2. 5.1.1.2 Phosphatic Fertilizers

          1. 5.1.1.2.1 Mono-Ammonium Phosphate (MAP)

          2. 5.1.1.2.2 Di-Ammonium Phosphate (DAP)

          3. 5.1.1.2.3 Single Super Phosphate (SSP)

          4. 5.1.1.2.4 Triple Super Phosphate (TSP)

          5. 5.1.1.2.5 Other Phosphatic Fertilizers

        3. 5.1.1.3 Potash Fertilizers

          1. 5.1.1.3.1 Muriate of Potash (MoP)

          2. 5.1.1.3.2 Sulfate of Potash (SoP)

        4. 5.1.1.4 Secondary Macronutrient Fertilizers

          1. 5.1.1.4.1 Calcium Fertilizers

          2. 5.1.1.4.2 Magnesium Fertilizers

          3. 5.1.1.4.3 Sulfur Fertilizers

        5. 5.1.1.5 Micronutrient Fertilizers

          1. 5.1.1.5.1 Zinc

          2. 5.1.1.5.2 Manganese

          3. 5.1.1.5.3 Copper

          4. 5.1.1.5.4 Iron

          5. 5.1.1.5.5 Boron

          6. 5.1.1.5.6 Molybdenum

          7. 5.1.1.5.7 Other Micronutrient Fertilizers

      2. 5.1.2 Complex Fertilizers

    2. 5.2 Crop Type

      1. 5.2.1 Grains and Cereals

      2. 5.2.2 Pulses and Oilseeds

      3. 5.2.3 Commercial Crops

      4. 5.2.4 Fruits and Vegetables

      5. 5.2.5 Other Crop Types

    3. 5.3 Geography

      1. 5.3.1 South Africa

      2. 5.3.2 Kenya

      3. 5.3.3 Egypt

      4. 5.3.4 Morocco

      5. 5.3.5 Nigeria

      6. 5.3.6 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Yara International ASA

      2. 6.3.2 Israel Chemicals Ltd

      3. 6.3.3 Haifa Group

      4. 6.3.4 Omnia Holdings Limited

      5. 6.3.5 Groupe OCP

      6. 6.3.6 Kynoch Fertilizer

      7. 6.3.7 Notore Chemical Industries Plc

      8. 6.3.8 UPL Limited

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. AN ASSESSMENT OF THE IMPACT OF COVID-19 ON THE MARKET

**Subject to Availability

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Frequently Asked Questions

The Africa Fertilizer Market market is studied from 2016 - 2026.

The Africa Fertilizer Market is growing at a CAGR of 5.1% over the next 5 years.

Yara International ASA, Haifa Group, Omnia Holdings Limited, Groupe OCP, Israel Chemicals Ltd are the major companies operating in Africa Fertilizer Market.

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