Africa: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Africa

The African ammonium sulphate market expanded notably to $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Ammonium Sulphate Production in Africa

In value terms, ammonium sulphate production rose remarkably to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

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Ammonium Sulphate Exports

Exports in Africa

In 2023, shipments abroad of ammonium sulphate decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2022, and then shrank notably in the following year.

In value terms, ammonium sulphate exports fell sharply to $X in 2023. Overall, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2022, and then dropped sharply in the following year.

Exports by Country

In 2023, Madagascar (X tons) was the largest exporter of ammonium sulphate, mixing up X% of total exports. It was distantly followed by Egypt (X tons), South Africa (X tons), Mauritius (X tons) and Mozambique (X tons), together comprising a X% share of total exports. Mali (X tons) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to ammonium sulphate exports from Madagascar stood at X%. At the same time, Egypt (X%), Mauritius (X%), South Africa (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Mali (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Madagascar, Egypt, Mauritius and South Africa increased by X, X, X and X percentage points, respectively.

In value terms, the largest ammonium sulphate supplying countries in Africa were Madagascar ($X), South Africa ($X) and Egypt ($X), with a combined X% share of total exports.

Egypt, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, the export price recorded a slight reduction. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then shrank notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2023, 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.

Ammonium Sulphate Imports

Imports in Africa

In 2023, imports of ammonium sulphate in Africa rose remarkably to X tons, increasing by X% on 2022. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in years to come.

In value terms, ammonium sulphate imports fell to $X in 2023. Overall, imports posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then fell in the following year.

Imports by Country

South Africa (X tons) and Nigeria (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Tanzania (X tons) and Zambia (X tons), together comprising a X% share of total imports. Ghana (X tons), Angola (X tons), Morocco (X tons), Cote d'Ivoire (X tons), Cameroon (X tons), Kenya (X tons), Zimbabwe (X tons), Algeria (X tons) and Mozambique (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Zimbabwe (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and Zambia ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Tanzania, Angola, Zimbabwe, Ghana, Cote d'Ivoire, Cameroon, Morocco, Kenya, Mozambique and Algeria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Zimbabwe, with a CAGR of X%, recorded 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 import price in Africa stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2022, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Zambia ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2023, 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