West Africa

Overall market risk: In August 2025, the West African fertilizer market remained broadly stable, supported by strong import flows, government subsidy programs, and international interventions that sustained supply during the peak of the farming season. Availability was generally adequate across most markets, though blending operations in some areas faced pressure from limited raw material inflows. Price dynamics varied: while urea recorded slight declines in certain markets, improving affordability for farmers in the late application window, NPK products largely remained high or stable, reflecting ongoing demand and tighter supply conditions. Subsidy measures and targeted support programs, including input assistance for cash crops, continued to cushion farmers against higher costs, but access remained uneven, especially where logistics and ex-factory costs were elevated. Overall, the region entered the latter part of the growing season with stable supply conditions, though market outcomes continued to depend on the balance between government support, import volumes, and international price and freight trends.

Côte d’Ivoire: In August 2025, Côte d’Ivoire’s agricultural season reached its peak, sustaining strong fertilizer demand, which has been well met by distributors maintaining sufficient stocks across key production zones. Cumulative imports surpassed 480,000 MT by the end of July—30% above the five-year average—ensuring ample availability and smooth market functioning. On the open market, fertilizer prices remained stable, with urea trading at 21,000 FCFA ($35) per 50kg bag, NPK 0-23-19 at 19,500 FCFA ($33), and NPK 15-15-15 at 22,000 FCFA ($37). In the cotton sector, the government confirmed support of 25.3 billion FCFA to maintain the seed cotton purchase price and stabilize fertilizer transfer prices at 17,050 FCFA ($28) for urea and 18,100 FCFA ($30) for NPK 15-15-15 +6S+1B, unchanged from 2024. Overall, the market outlook remains favorable, though stakeholders remain alert to potential risks from international commodity price movements and rising logistics costs.

Ghana: In August 2025, Ghana’s fertilizer market experienced modest price declines that eased input costs for farmers, with urea down 8%, ammonium sulphate 12.5%, and NPK 10%, improving affordability for key crops such as maize, rice, and cocoa. By the end of August, fertilizer imports had surpassed 400,000 MT, with volumes projected to exceed 500,000 MT by year-end, supported by government distribution programs and strengthened cocoa sector initiatives, including free fertilizer provision and a 4% increase in the farmgate price. Despite global supply chain pressures from the Russia-Ukraine conflict, Ghana’s fertilizer imports remain resilient, with Russia supplying about 24% of volumes so far in 2025. Overall, the combination of reduced prices, strong import flows, and government interventions is expected to support higher fertilizer adoption and sustain crop productivity across the country.

Nigeria: In August 2025, Nigeria remained in the peak of the rainy season, with active farming sustaining fertilizer demand, though high prices and persistent scarcity of NPK products continued to constrain access and expose farmers to risks of adulterated supplies. While NPK fertilizers such as 15-15-15 and 20-10-10 remained relatively stable at ₦1,065,380 ($692) and ₦942,000 ($612) per ton respectively, they stayed high and less affordable for most farmers. Urea prices, however, declined slightly by 2.4% to ₦842,540 ($548) per ton, reflecting improved availability and a seasonal shift in application as crops mature. On the supply side, no imports of raw materials for blending were recorded in August, further straining local production capacity and tightening availability. Overall, the market shows a mixed trend of stable but costly NPK products and modestly easing urea prices, underscoring the need to address supply bottlenecks to stabilize farmer access.

Availability and Affordability: In August 2025, fertilizer availability across West Africa remained generally stable, supported by steady import flows, government subsidies, and international programs that ensured farmers could access key products during the peak farming season. Nigeria was the exception, experiencing mild scarcity driven by limited raw material inflows for blending. Affordability, however, varied across the region: some countries benefited from stable prices, while others faced higher costs linked to raw material shortages, rising factory gate prices, and logistics bottlenecks. Overall, while supply conditions were relatively steady, farmer access continued to depend largely on policy interventions and effective supply chain management.

Distribution: In August 2025, fertilizer transport across West Africa remained largely efficient, with Nigeria, Côte d’Ivoire, and Ghana reporting smooth port operations and reliable inland distribution. Cross-border flows were stable overall, though movement in Northeast Nigeria continued to face restrictions due to insecurity in the region.

East Africa and Southern Africa

Overall market risk: East and Southern Africa recorded mixed economic performance in August. East Africa continued to drive regional growth, with Kenya projecting 5.6% GDP growth, supported by stronger investment flows, while Rwanda maintained robust growth above 7%, underpinned by policy stability. In contrast, Southern Africa lagged, with South Africa’s growth outlook revised down to about 1% due to structural challenges, weak domestic demand, and fiscal pressures. Malawi also cut its 2025 forecast to 3.2%, weighed down by soaring inflation (28.5%), foreign exchange shortages, and high public debt. Overall, regional growth averaged around 3% in 2025, up slightly from 2.5% in 2024.

In the global fertilizer market, urea trading was subdued early in the month, with prices holding steady. However, India’s IPL tender announcement triggered a sharp price spike, which intensified when India swiftly returned to the market seeking an additional 2 million tons. Phosphate demand has remained weak, except in Bangladesh, leading to downward price pressure, while Ma’aden has stayed active in the market. Kenya is currently sourcing products for the September planting season. The potash market has remained relatively stable. On a positive note, Dangote signed an agreement with Ethiopian Investment Holding to build a $2.5 billion urea plant at Gode, with an annual production capacity of 3 million tons.

Availability and Affordability: East Africa experienced widespread above-average rainfall in August. Between August 19–25, heavy precipitation of up to 150 mm was recorded in northern Ethiopia, Eritrea, Djibouti, South Sudan, western Kenya, Rwanda, and northern Tanzania. This rainfall helped ease earlier dry conditions, improving soil moisture and supporting crop and pasture development. In Southern Africa, the region remains in its cool, dry season with limited field activity, though farmers have begun land preparation ahead of the main planting season.

Fertilizer demand in East Africa was subdued in August but is expected to rise in September with the onset of the short rains. In Kenya, fertilizer imports reached about 505,000 MT as of July, equivalent to 67% of the annual requirement. The Kenya Tea Development Agency (KTDA) awarded a tender to Chinese firm Oriele for 99,875 tonnes of NPK 26-5-5 for the 2025/26 season. In Tanzania, the TFRA has called on local firms to submit their annual fertilizer demand, while Ethiopia is finalizing budgets and tonnage projections for its 2025/26 needs. In South Africa, a strong harvest was reported, which may weigh on crop prices. Global urea prices have faced stiff resistance from the South African market, while MAP prices have remained steady.

Distribution: In the southern region, a line up of imports has been observed at Beira port indicating increased trading activities. Freight cost has shown mixed trend from last month. Cost from Baltic to East Africa and South Africa increased slightly to $78/tonne and $65/tonne respectively. While from Middle East to the same dropped to $28/tonne and $25/tonne. From Morocco to East Coast, there was a slight increase to $53 from $51 last month.

East Africa and Southern Africa

Overall market risk: The Deloitte 2025 East Africa Economic Outlook projects strong regional growth, led by Ethiopia (7.2%) and Uganda (6%+), with steady momentum in Kenya (5.3%) and Tanzania (5.6%), while Zambia (4%) lags but shows resilience from agriculture, mining, and debt restructuring. Growth is fueled by agriculture, energy, infrastructure, and trade, though risks such as high debt, inflation, currency pressures, political uncertainty, and climate shocks persist.

East Africa is in a transition between harvests and new planting. Ethiopia has just completed the Belg maize harvest with mixed results and is beginning Meher (main-season) planting, while Kenya’s main-season maize is developing well and rice planting preparations are underway, though second-season maize in the northwest is delayed. Uganda has largely completed main-season harvests in its bimodal areas, with other regions still in crop development, while Rwanda is wrapping up a favorable harvest and Burundi’s is ending below average.

In Southern Africa, the 2024/25 main-season harvests are completed with near-average outputs, and attention has shifted to winter wheat.

At the beginning of the month, the nitrogen market experienced a sharp price increase, driven by India’s RCF tender for 1.3 million tons, which pushed up prices in Brazil, China, Egypt, and Iran. The phosphate market is also showing bullish momentum, again fueled by India’s strong presence. In contrast, the potash market has remained stable, with demand largely concentrated in Asia. By the end of the month, India continued to be active in the market, seeking an additional 2 million tons of Urea and DAP, while new demand for potash emerged from Bangladesh.

Availability and Affordability: Overall, no major fertilizer shortages have been reported, with most countries maintaining adequate stocks to meet demand. In Kenya, concerns over DAP availability have surfaced, though the impact is limited given sufficient supplies of NP products. The government has announced plans to distribute 12.5 million bags (625,000 MT) of planting and topdressing fertilizer in the 2025/26 financial year to boost yields, strengthen food security, and stabilize food prices.

Tanzania is currently in the market for DAP, while Ethiopia has secured its seasonal requirements through recently awarded DAP and Urea tenders. In Southern Africa, demand for Ammonium Nitrate is rising in Zambia; in Malawi, One Acre Fund has yet to finalize its Urea tender; and in South Africa, MAP demand is increasing, driving prices upward.

Distribution: Overall, ports across Africa are operating with minimal disruptions. Congestion has however been reported in Beira with clearing taking more than 20 days increasing the cost build up. Freight costs showed mixed trends in May. Rates from the Baltic to East Africa’s coast declined to $74 while those to South Africa slightly rose to $58. From the Middle East, freight costs dropped slightly, reaching $29 to South Africa and $29 to the East Coast.

West Africa

Overall market risk: In July 2025, the West African fertilizer market showed a mixed picture of stability and upward price pressures, reflecting both strong seasonal demand and varying supply conditions across the region. In many areas, imports, government support programs, and international partnerships helped ensure steady availability of key products, allowing farmers to access inputs at relatively stable prices during the peak of agricultural activity. However, localized challenges—including raw material shortages for blending, rising ex-factory costs, and logistical pressures—contributed to price increases in some markets and limited overall consumption. Average retail prices for key products such as urea and NPK blends either held steady or rose moderately, depending on supply dynamics, with affordability remaining manageable in certain countries but strained in others. While short-term stability is expected to continue, the market remains sensitive to global fertilizer and energy price movements, regional logistics costs, and evolving government subsidy and regulatory policies that will shape affordability and access in the coming months.

Côte d’Ivoire: In July 2025, Ivory Coast’s fertilizer market remained stable, driven by strong seasonal demand and well-maintained supplies. Agricultural activity peaked as farmers increased purchases, prompting importers to reinforce stocks, with imports reaching over 480,000 tons between January and July—more than double initial forecasts and consistent with past consumption trends. Thanks to this proactive supply management, prices held steady, with a 50 kg bag trading at 21,000 FCFA ($35) for urea, 19,500 FCFA ($33) for NPK 0-23-19, and 22,000 FCFA ($37) for NPK 15-15-15. For cotton fertilizers, 2024 tariffs remain in force at 17,050 FCFA ($28) for urea and 18,100 FCFA ($30) for NPK 15-15-15 +6S +1B, pending new government announcements expected later in the month. While short-term stability is anticipated, the market remains sensitive to shifts in logistics costs, international raw material prices, and regulatory or subsidy policies.

Ghana: In July 2025, Ghana’s fertilizer market remained stable, with prices showing only minor shifts from June and no major affordability concerns for farmers. Imports and government programs ensured strong availability of key products, supported further by international donations aimed at strengthening food security and fair distribution. Despite global uncertainties, including the Russia-Ukraine conflict, supply chains have remained resilient, with Russia still accounting for over 24% of Ghana’s fertilizer imports. Retail prices held steady: urea averaged GHS 435.00 ($41.28) per 50kg bag, NPK 23-10-5 stayed at GHS 500.00 ($47.46), NPK 20-10-10 at GHS 400.00 ($36.28), NPK 25-10-10 at GHS 460.00 ($41.72), and ammonium sulphate at GHS 320.00 ($29.02). This price stability, alongside strong supply and accessibility, has provided farmers with a predictable input environment during the peak agricultural season.

Nigeria: In July 2025, Nigeria’s fertilizer market experienced rising prices despite strong farming activity supported by consistent rainfall across much of the country. Demand for fertilizers has increased as farmers continue application, but supply challenges—particularly shortages of raw materials for NPK blending—have driven up costs and encouraged the circulation of adulterated products, keeping overall consumption lower than expected. Urea prices rose sharply, with the ex-factory rate increasing from ₦35,000 to ₦38,000 per 50kg bag, pushing the average retail price up 16% from ₦740,400 ($478) per ton in June to ₦863,600 ($563) in July. Blended products also saw notable hikes, with NPK 15-15-15 rising 11% to ₦1,065,380 ($694) per ton and NPK 20-10-10 climbing 8% to ₦942,000 ($614) per ton. Fertilizer imports dropped significantly as the country transitions into Phase III of the Presidential Fertilizer Initiative (PFI), with only 135,000 metric tons of raw materials imported so far compared to over 300,000 tons during the same period last year. Overall, while demand remains strong, supply shortages and rising costs continue to define the Nigerian fertilizer market.

Availability and Affordability: In July 2025, fertilizer availability in West Africa was largely stable, supported by imports, subsidies, and international programs, ensuring farmers could access key products during peak farming. However, affordability was uneven, with some countries benefiting from stable prices while others faced higher costs due to raw material shortages, rising factory prices, and logistics challenges. Overall, while supply remained steady, access depended heavily on policy support and effective supply management.

Distribution: In July 2025, fertilizer transport across West Africa remained largely efficient, with Nigeria, Côte d’Ivoire, and Ghana reporting smooth port operations and reliable inland distribution. Cross-border flows were stable overall, though movement in Northeast Nigeria continued to face restrictions due to insecurity in the region.

West Africa

Overall market risk: As of June 2025, the West African fertilizer market is marked by heightened activity driven by favorable rainfall, steady import flows, and ongoing government support initiatives. Supply has generally kept pace with growing seasonal demand, ensuring availability across most countries. However, affordability remains a major concern for farmers, as rising production and import costs continue to influence retail prices. While some markets recorded relative price stability and others saw moderate increases, overall market functionality and accessibility have been maintained. Governments and importers remain vigilant, closely tracking international price movements and exchange rate fluctuations to manage supply costs and sustain market balance.

Côte d’Ivoire: In Ivory Coast, the fertilizer market remained well-supplied and stable in June 2025 as crop planting advanced toward its seasonal peak. Import volumes for the first half of the year reached approximately 450,000 tonnes, more than double initial forecasts and consistent with average consumption trends over the past two years. This strong supply ensured that demand was fully met, maintaining market stability. Prices also held steady, with a 50 kg bag of urea averaging 21,000 FCFA (US$35), NPK 0-23-19 at 19,500 FCFA (US$33), and NPK 15-15-15 at 22,000 FCFA (US$37). For cotton cultivation, no new prices have been set, leaving 2024 rates in place: 17,050 FCFA (US$28) for urea and 18,100 FCFA (US$30) for NPK 15-15-15 enriched with sulfur and boron (+6S +1B). While the outlook is stable, the market remains sensitive to potential shifts in international raw material prices, logistics costs, and government policy decisions on subsidies and regulations.

Ghana: The Ghanaian fertilizer market in June 2025 was marked by stable supply and moderate price adjustments, supported by both retail activity and government distribution programs. Average prices of basal NPK fertilizers and urea declined compared to May, with NPK dropping by 6% and urea by 2%, while ammonium sulphate remained stable. High-nitrogen blends such as NPK 25-10-10 continued to record strong demand in the Volta Region, especially in Kpando. In the Northern Regions, fertilizer distribution under government schemes and the Feed Ghana Programme reduced pressure on retail markets, contributing to affordability for farmers. By mid-year, fertilizer consumption exceeded 300,000 MT across product types, reflecting a well-functioning market. Retail prices in June averaged GHS 435.00 (US$42.04) for urea, GHS 500.00 (US$48.33) for NPK 23-10-5, GHS 400.00 (US$38.66) for NPK 20-10-10, and GHS 460.00 (US$44.46) for NPK 25-10-10, while ammonium sulphate held steady at GHS 320.00 (US$30.92). Overall, affordability challenges were limited, and ongoing government support ensured access across farming communities.

Nigeria: Nigeria entered the peak of the wet farming season in June 2025, with consistent rainfall driving widespread agricultural activity and steadily rising fertilizer demand across the country. While supply remains active, particularly from blending plants with access to raw materials, affordability challenges persist as prices continue to rise. Urea recorded the most significant increase, with factory prices jumping from ₦32,500 to ₦35,000 per 50kg bag, pushing average retail prices up by 4% to ₦740,400 (US$478) per ton. NPK prices also rose slightly, with NPK 15-15-15 averaging ₦955,540 (US$616) per ton and NPK 20-10-10 at ₦875,600 (US$565) per ton. Despite adequate availability of products, high costs—driven by raw material constraints, seasonal demand, and low import volumes linked to the ongoing transition into the third phase of the Presidential Fertilizer Initiative—remain a concern for farmers nationwide.

Availability and Affordability: Fertilizer availability across West Africa was generally strong in June 2025, supported by steady imports and improved distribution as planting intensified. Côte d’Ivoire had imported over 450,000 tons, covering most of its seasonal needs, with stable prices due to effective stock management. Nigeria also saw increased demand driven by rainfall, but availability remained inadequate with reported scarcity. Across the region, while fertilizers are largely accessible, affordability is becoming a concern as prices begin to edge up due to rising raw material costs and seasonal demand pressures.

Distribution: In June 2025, fertilizer transport across West Africa was generally smooth. Nigeria, Côte d’Ivoire and Ghana reported efficient port operations and steady inland distribution, with no major disruptions. The cross-border movement of goods remained stable except for Northeast Nigeria, where insecurity continued to restrict fertilizer movement.

East Africa and Southern Africa

Overall market risk: East Africa continues to display strong macroeconomic resilience, supported by stable inflation, moderate monetary easing, and robust growth projections of around 6%. In contrast, Southern Africa presents a mixed picture: while South Africa benefits from low inflation and recent interest rate cuts, its growth has slowed to approximately 1.2%. Meanwhile, economies like Zambia, Malawi, and Zimbabwe remain under pressure from high inflation, currency depreciation, and fiscal constraints. Overall, the continent is seeing a gradual trend of disinflation, allowing room for cautious monetary easing  though progress remains uneven across regions.

On the seasonal front, East Africa is entering the critical June–September rainfall period, though the onset has been slow and coupled with above-average temperatures, impacting early planting and delaying rangeland recovery. Southern Africa, now shifting from its summer harvest to winter cropping, has seen mixed climatic conditions some regions are receiving mid-winter rains while others grapple with residual flood damage and patchy moisture. These vulnerabilities are reinforcing the urgency for climate adaptation and resilience strategies in both regions.

In the fertilizer market, nitrogen prices have begun to soften following China’s return to export activity, with Chinese producers now targeting markets like Ethiopia for granular urea. However, by the end of June, urea prices surged due to geopolitical tensions following an attack on Iran. India closed a significant urea tender of 1.5 million tons, adding further pressure. Ethiopia issued new restrictions on its DAP and urea tenders, now limiting bids to top-performing suppliers. Meanwhile, the potash market remains stable.

Availability and Affordability: Overall, no fertilizer shortage has been reported, and countries are reporting adequate stocks to meet the demand. After a prolonged and contested procurement process, the Kenya Tea Development Agency (KTDA) has received clearance to proceed with the purchase of 99,875 MT of NPK 26:5:5 fertilizer. The process had faced multiple delays, including a temporary suspension following a legal petition by SLDR International, delays in awarding the tender, and a pause on importation pending resolution of a legal appeal. Ethiopia has awarded 170K tons of DAP and 260K tons of Urea amidst concerns of delivery.

Distribution: Overall, ports across Africa are operating with minimal disruptions, though South African ports continue to grapple with persistent congestion and labour-related uncertainties, posing risks to import and export flows across the region. Freight costs showed mixed trends in May. Rates from the Baltic to East Africa’s coast declined to $68 (15–20 tons), while those to South Africa (40 tons) remained at $57. From the Middle East, freight costs increased slightly, reaching $34 to South Africa(40tons) and $30to the East Coast(15-20 tons).

East Africa and Southern Africa

Overall market risk: In May 2025, East Africa continued to exhibit macroeconomic stability, with easing inflation and stable currencies, driven by strong exports, sound monetary policy, and ongoing reforms. In contrast, Southern Africa faced greater challenges, particularly in Zambia, Malawi, and Zimbabwe, where inflation and currency pressures remain high though South Africa provided some regional stability. Overall, the continent is experiencing gradual disinflation, supported by tightened monetary policy and IMF-backed economic reforms in several vulnerable countries.

In East Africa, the March–May (MAM) rains were erratic and often below average in parts of the Greater Horn. By late May, many areas saw a timely/early cessation, raising risks for yield shortfalls where planting and vegetative stages depended on late-season rains. The 2024/25 main rainy season wound down in May with harvesting underway/starting in many areas; drought impacts from earlier in the season persisted in several countries.

In the fertilizer market, nitrogen market has started to soften a bit notably due to Chinese return to the market. China confirmed resumption of its exports starting June triggering downward pricing. However, there is a cap on the exports which they have placed at 2 million tonnes. Just like Urea, phosphate market is expected to follow the same trend with Chinese announcing 3.5 Million tonnes of phosphates for export. Potash continues to witness upward trend in prices.

Availability and Affordability: In East Africa, May brought marginal improvements but left uneven crop and rangeland recovery, with food insecurity rising significantly in vulnerable zones which received minimal rains. Southern Africa saw a strong season overall, particularly in South Africa, though localized yield declines in drought-hit areas continue to pose risks. Overall, no fertilizer shortage has been reported.

In Kenya, approximately 300,000 tonnes of fertilizer were imported between January and April representing about 40% of the country’s annual consumption and marking a 7% increase compared to the same period last year. This surge reflects modest growing demand and increased usage. KTDA finally announced the bids with popular winners notably missing. The national treasury has also proposed a budget cut on fertilizer subsidy. This is on tonnage but subsidy price will remain the same at KES 2,500.

In the south, demand for potash remains high. The low price of MOP has continued to benefit the importers who have been importing since January.

Distribution: Overall, ports across Africa are operating with minimal disruptions, though South African ports continue to grapple with persistent congestion and labor-related uncertainties, posing risks to import and export flows across the region. Freight costs showed mixed trends in May. Rates from the Baltic to East Africa’s coast declined to $70, while those to South Africa rose to $57. From the Middle East, freight costs increased slightly, reaching $27 to South Africa and $31 to the East Coast.

West Africa

Overall market risk: In May 2025, the agricultural season was actively underway across West Africa, with planting and input application activities intensifying due to the arrival or progression of rains. Fertilizer demand increased in all three countries as farmers moved from land preparation to planting and fertilization. Countries ensured early-season preparedness by importing significant volumes of fertilizer ahead of the season, resulting in generally good product availability.

Despite variations in pricing trends stability in some markets and slight increases in others, the overall market remained functional and accessible. Governments and importers closely monitored international price trends and exchange rates to manage supply costs. Government-supported distribution programs (like Ghana’s Feed Ghana) contributed to easing farmer access, while steady domestic production (especially in Nigeria) helped maintain supply.

Côte d’Ivoire: The agricultural season in Côte d’Ivoire began in May with the onset of significant rainfall, triggering active planting and increased fertilizer demand. Importers had proactively stocked up, with over 300,000 metric tons imported in April, about 86% of the annual requirement ensuring strong product availability. Fertilizer prices remained stable, with urea averaging 21,000 FCFA, NPK 0-23-19 at 19,500 FCFA, and NPK 15-15-15 at 22,000 FCFA per 50kg bag. Cotton fertilizer prices were still pending release, with 2024 rates temporarily in use. Price stability is expected to hold in the short term, although external factors like logistics, global raw material costs, and regulatory decisions may influence future pricing.

Ghana: Fertilizer demand in Ghana surged as farmers entered the planting season, particularly seeking basal NPK products. Average prices increased slightly month-on-month—urea by 3%, NPK by 6%, and ammonium sulphate by 1%. Despite the Ghanaian cedi appreciating against the U.S. dollar, the price hikes were attributed to older stock acquired under weaker exchange rates. Fertilizer remained widely available nationwide, with no reported shortages. The government supported access through the Feed Ghana program, distributing about 1,000 bags of fertilizer to vegetable farmers in selected communities. Ghana’s fertilizer market continues to perform steadily, with sufficient availability and manageable price movements.

Nigeria: In Nigeria, rainfall patterns in May shifted farming activities into high gear across the country. In the Northeast and Northwest, where rains arrived later, farmers began land preparation and early planting, while Southern and North Central zones advanced to fertilizer application stages. Fertilizer availability improved in line with seasonal demand, supported by ongoing blending and steady urea production. Prices remained relatively stable nationwide, with the ex-factory price of urea holding at ₦32,500. Farmers across regions were actively purchasing fertilizers for planting and application. With domestic production and regional distribution in full swing, Nigeria’s fertilizer market remained resilient and responsive to growing demand.

Availability and Affordability: Fertilizer availability across West Africa was generally strong in May 2025, supported by steady imports and improved distribution as planting intensified. Côte d’Ivoire had imported over 300,000 tons, covering most of its seasonal needs, with stable prices due to effective stock management. In Ghana, demand rose sharply with the onset of planting, particularly for basal fertilizers like NPK 20-10-10 and 23-10-5, pushing prices upward despite a stronger cedi. Nigeria also saw increased demand driven by rainfall, but availability remained adequate with no reported scarcity. Across the region, while fertilizers are largely accessible, affordability is becoming a concern as prices begin to edge up due to rising raw material costs and seasonal demand pressures.

Distribution: In May 2025, fertilizer transport across West Africa was generally smooth. Nigeria, Côte d’Ivoire and Ghana reported efficient port operations and steady inland distribution, with no major disruptions. The cross-border movement of goods remained stable except for Northeast Nigeria, where insecurity continued to restrict fertilizer movement.

West Africa

Overall market risk: Farming activities across West Africa are gradually picking up with the onset of the rainy season, though the pace varies across regions depending on rainfall levels. Fertilizer availability remains generally stable, thanks to a combination of local production, steady import flows, and carryover inventories. Prices are mostly holding steady, though slight increases are noted in areas where planting has begun. Importers in some countries are actively building stock while monitoring international price movements. While short-term risks are minimal, logistics and external market pressures could influence supply and pricing. Overall, the region is well-positioned to support the 2025 planting season.

Côte d’Ivoire: As the planting season nears, fertilizer importers are actively replenishing stocks, supported by consistent supply flows and close monitoring of global price trends. A total of 275,676 metric tons—representing about 79% of the estimated annual need—was imported in Q1 2025, ensuring good availability and reducing short-term supply risks. Market prices remain generally stable, with urea selling at 21,000 FCFA ($35), NPK 0-23-19 at 19,500 FCFA ($33), and NPK 15-15-15 at 22,000 FCFA ($37). For cotton farming, 2024 prices are still in use pending official updates. While stability is expected in the short term, external factors like logistics, raw material costs, and policy changes may influence future prices.

Ghana: Fertilizer prices have experienced mild fluctuations, with most products trending upward as farmers actively seek supplies for the ongoing planting season. Urea prices rose by about 2%, while NPK prices saw a slight decline. In Ghana, the recent appreciation of the cedi has led to higher fertilizer costs in USD terms. Over 70,000 metric tons were discharged at Tema Port in April, boosting national inventory. Meanwhile, smallholder farmers are calling on the government to address the shortcomings of the PFJ program in the design of the new “Feed Ghana” initiative.

Nigeria: In April, farming activity across Nigeria was uneven, largely influenced by the onset of rainfall. Planting is actively underway in areas with established rains, while regions with emerging rainfall are still preparing land, and dry areas remain largely inactive. This has led to rising fertilizer demand in active zones, though it remains low elsewhere. Blending activities have increased in response to the wet season, with over 30 plants producing more than 155,000 metric tons of NPK so far this year. Although new raw material imports are limited, carryover stocks from 2024 are supporting production. Fertilizer prices remain relatively stable, though slight increases have been observed in farming zones, with urea’s ex-factory price at ₦32,500 and retail prices varying by region due to transport costs.

Availability and Affordability: In April 2025, fertilizer prices across the region showed a mix of stability and slight increases, largely influenced by the pace of farming activities. Areas where planting had already begun experienced mild price hikes due to rising demand, while regions with delayed rainfall and limited farming saw stable pricing. Overall, demand for fertilizers remained moderate to high as preparations for the planting season continued. Price stability was supported by steady import flows, effective stock management, and balanced supply conditions, helping to minimize sharp fluctuations across most markets.

Distribution: In April 2025, fertilizer logistics across key West African ports and transport routes remained largely smooth. Port operations in major entry points, including Abidjan, San Pedro, Tema, and Takoradi, faced no significant delays, ensuring steady import flows. Inland transportation was generally unhindered, though security-related challenges in some areas in Nigeria continued to restrict access, particularly affecting farmers in more vulnerable regions.

East Africa and Southern Africa

Overall market risk: While most African currencies remained stable in April 2025, several vulnerable economies continue to face depreciation pressures. In contrast, stronger performers such as Kenya and Morocco are poised for modest gains. Uganda’s shilling is expected to appreciate, supported by robust coffee export earnings, while Kenya’s currency held steady, bolstered by central bank interventions and improved investor confidence. According to the African Development Bank, 21 out of 54 African currencies could depreciate by more than 6% this year, with Nigeria, Egypt, Ethiopia, Zambia, and Zimbabwe among the most at risk. Meanwhile, currencies such as the CFA franc, Kenyan shilling, and Moroccan dirham are projected to appreciate by over 3%.

In East Africa, the March-April-May (MAM) rains were below average, resulting in delayed planting and erratic crop development across the Horn. Southern Africa continues to grapple with the effects of prolonged drought, particularly in Zambia, Zimbabwe, Malawi, and Mozambique, where significant crop losses and yield reductions have been reported.

In the fertilizer market, nitrogen prices continue to climb, driven by expectations around India’s upcoming tender and the continued absence of Chinese exports. However, buyers remain reluctant to accept higher price levels. The phosphate market has also seen sharp price increases, influenced by new U.S. tariffs and growing Indian demand amid constrained Chinese supply. Potash prices are trending upward as well, reflecting tightening global availability.

Availability and Affordability: In the East Africa region, where the main planting season is underway and nearing completion in some areas, fertilizer demand and supply remain strong. Traders are actively sourcing and distributing fertilizers to meet farmers’ needs across the region. Ethiopia recently received bids for its DAP tender issued last month and floated a new tender to procure DAP and granular urea for the ongoing season.

In Kenya, approximately 200,000 metric tons of fertilizer were imported between January and March—representing about 30% of the country’s annual consumption and marking a 39% increase compared to the same period last year. This surge reflects growing demand and increased usage. However, procurement delays at the Kenya Tea Development Agency (KTDA) have raised concerns within the sector.

In the south, demand for potash remains high. In South Africa alone, fertilizer imports (MAP, MOP and Urea) reached 142,000 metric tonnes in February. Overall, current stock levels across the region appear adequate to meet prevailing demand.

Distribution: Overall, ports are operating normally with minimal disruptions. However, the continued Red sea crisis  disruptions and the reroute by shippers to Cape of Good Hope has increased transit time and activities at the port raising the costs. Freight costs from Baltic have seen a slight dip compared to March. Rates from the Baltic to South Africa(40 tonnes) and the East Coast(15-20 tonnes) are $41 and $77 per tonne, respectively, while rates from the Middle East to the same destinations rose slightly to $22 and $26 per tonne (for same tonnage).