Africa Potash Fertilizer Market Size

Africa Potash Fertilizer Market Analysis

The increasing investments in the region's fertilizer sector is a clear indication of the potassic fertilizer expansion in the years to come, thereby anticipating record relatively higher CAGR for potassic fertilizers at 7.4% as compared to other chemical fertilizers in the African region. As part of expansion activities, Ethiopia is even preparing to mine and export potash, which is likely to cap down the production costs of fertilizer, accompanied by the accruing raw material supply in the African region. The study clearly indicates that many countries, such as Kenya, Nigeria, Mali, and Burkina Faso, have recorded a very less potassic fertilizer usage, which is capping down the potassic fertilizer sales in the region. Hence, targeting these markets by improving the regulatory policies across the region may potentially enhance the market in the years to come.