Africa: Market for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers 2024

Market Size for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Africa

In 2023, the African market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers increased by X% to $X, rising for the seventh consecutive year after four years of decline. In general, consumption, however, showed a perceptible slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Africa

In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers skyrocketed to $X in 2023 estimated in export price. Overall, production posted a prominent increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Exports in Africa

In 2023, overseas shipments of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports saw a mild decrease. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers fell significantly to $X in 2023. Overall, exports saw a slight decline. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

Morocco (X tons) and South Africa (X tons) prevails in fertilisers structure, together creating X% of total exports. Tanzania (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Mauritius (X%). Mozambique (X tons), Mauritania (X tons) and Kenya (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Morocco (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers supplying countries in Africa were South Africa ($X), Morocco ($X) and Tanzania ($X), together accounting for X% of total exports.

Among the main exporting countries, Morocco, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then fell 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 Kenya ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Imports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Imports in Africa

Imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers declined to X tons in 2023, remaining relatively unchanged against the previous year. Over the period under review, imports saw a noticeable decline. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers dropped to $X in 2023. In general, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

South Africa (X tons), Ghana (X tons), Zambia (X tons), Kenya (X tons) and Swaziland (X tons) represented roughly X% of total imports in 2023. Zimbabwe (X tons) held the next position in the ranking, followed by Uganda (X tons). All these countries together held approx. X% share of total imports.

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

In value terms, South Africa ($X), Zambia ($X) and Zimbabwe ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Ghana, Swaziland, Kenya and Uganda lagged somewhat behind, together comprising a further X%.

Swaziland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

In 2023, the import price in Africa amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform