
SADC - Nitrogenous Fertilizers (Mineral or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
SADC: Nitrogenous Fertilizer Market 2023
Nitrogenous Fertilizer Market Size in SADC
For the third consecutive year, the SADC nitrogenous fertilizer market recorded growth in sales value, which increased by 27% to $X in 2022. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +80.3% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Nitrogenous Fertilizer Production in SADC
In value terms, nitrogenous fertilizer production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.
Nitrogenous Fertilizer Exports
Exports in SADC
In 2022, shipments abroad of nitrogenous fertilizers (mineral or chemical) increased by 15% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 38% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, nitrogenous fertilizer exports skyrocketed to $X in 2022. In general, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Exports by Country
In 2022, South Africa (X tons) was the main exporter of nitrogenous fertilizers (mineral or chemical), achieving 74% of total exports. It was distantly followed by Mozambique (X tons) and Madagascar (X tons), together making up a 19% share of total exports. The following exporters - Tanzania (X tons) and Zambia (X tons) - together made up 5.2% of total exports.
From 2012 to 2022, average annual rates of growth with regard to nitrogenous fertilizer exports from South Africa stood at +7.6%. At the same time, Madagascar (+22.2%), Mozambique (+12.8%) and Zambia (+9.1%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in SADC, with a CAGR of +22.2% from 2012-2022. Tanzania experienced a relatively flat trend pattern. While the share of Madagascar (+4.8 p.p.) and Mozambique (+4.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-3.6 p.p.) and Tanzania (-3.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) remains the largest nitrogenous fertilizer supplier in SADC, comprising 80% of total exports. The second position in the ranking was taken by Mozambique ($X), with an 8% share of total exports. It was followed by Tanzania, with a 5.3% share.
In South Africa, nitrogenous fertilizer exports increased at an average annual rate of +9.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (+12.1% per year) and Tanzania (+3.6% per year).
Export Prices by Country
The export price in SADC stood at $X per ton in 2022, rising by 31% against the previous year. Export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrogenous fertilizer export price increased by +73.7% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while Madagascar ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+3.7%), while the other leaders experienced more modest paces of growth.
Nitrogenous Fertilizer Imports
Imports in SADC
Nitrogenous fertilizer imports soared to X tons in 2022, jumping by 20% compared with the year before. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrogenous fertilizer imports skyrocketed to $X in 2022. In general, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
South Africa was the key importer of nitrogenous fertilizers (mineral or chemical) in SADC, with the volume of imports amounting to X tons, which was near 47% of total imports in 2022. Tanzania (X tons) held a 22% share (based on physical terms) of total imports, which put it in second place, followed by Mozambique (8.7%) and Zambia (8.4%). Zimbabwe (X tons), Democratic Republic of the Congo (X tons) and Angola (X tons) took a minor share of total imports.
From 2012 to 2022, average annual rates of growth with regard to nitrogenous fertilizer imports into South Africa stood at +6.4%. At the same time, Democratic Republic of the Congo (+23.0%), Tanzania (+18.7%), Mozambique (+12.9%), Angola (+6.6%), Zimbabwe (+4.7%) and Zambia (+3.2%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +23.0% from 2012-2022. From 2012 to 2022, the share of Tanzania, Mozambique and Democratic Republic of the Congo increased by +15, +3.8 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) constitutes the largest market for imported nitrogenous fertilizers (mineral or chemical) in SADC, comprising 51% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 17% share of total imports. It was followed by Zambia, with an 8.8% share.
From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +7.9%. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (+16.8% per year) and Zambia (+0.7% per year).
Import Prices by Country
The import price in SADC stood at $X per ton in 2022, picking up by 20% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while Angola ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.4%), while the other leaders experienced a decline in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the nitrogenous fertilizer market in SADC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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