Nigeria Fertilizers Market Insights, Share & Growth Trends 2025 to 2030

Markntel Advisors’ report, Nigeria Fertilizers Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Nigeria Fertilizers presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Nigeria Fertilizers Market Research Report & Market Summary:

The Nigeria Fertilizers Market size is valued at around USD 1.2 billion in 2024 and is projected to reach around USD 1.4 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.89% during the forecast period, i.e., 2025-30. The increasing agricultural activities in the country are driving the fertilizer market. The Nigerian government has also taken several initiatives like the National Fertilizer Quality Control Act 2019 aiming to amplify the production rate of agricultural products. These initiatives are fueling the demand for fertilizers to enhance soil quality and improve crop yields.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/nigeria-fertilizers-market.html

Nigeria Fertilizers Market Dynamics:

Key Driver-

Growing Agricultural Sector Drives the Fertilizer Demand – The Nigerian fertilizers industry is driven by the growing agricultural sector. The nation is among one of the largest food producers in Africa with 70.8 million hectares of agricultural area driving the demand for fertilizers. The consumption of fertilizers in 2023 was approx. 1.64 Million metric tons with 18.6kg per hectare. The rate of consumption of manure especially carbamide & Ammonium Sulphate has risen by 26% in the period 2022-23 despite the increased price. Also, the total production of urea in Nigeria rose by 6% from 2022 to 2023, indicating the potential growth and demand for fertilizers in Nigeria. Various urea manufacturing facilities in Nigeria such as Notore, Indorama, and Dangote are producing urea with a capacity of 6.5 million tons. Consequently, the rising agricultural demand creates a robust environment for the fertilizers industry.

Nigeria Fertilizers Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Product

Complex Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
Straight Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Nitrogenous Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  - Urea- Market Size & Forecast 2020-2030, Thousand Tons
  - Calcium Ammonium Nitrate- Market Size & Forecast 2020-2030, Thousand Tons
  - Ammonium Nitrate- Market Size & Forecast 2020-2030, Thousand Tons
  - Ammonium Sulfate- Market Size & Forecast 2020-2030, Thousand Tons
  - Anhydrous Ammonia- Market Size & Forecast 2020-2030, Thousand Tons
  - Others- Market Size & Forecast 2020-2030, Thousand Tons
- Phosphatic Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  - Mono-Ammonium Phosphate (MAP) - Market Size & Forecast 2020-2030, Thousand Tons
  - Di-Ammonium Phosphate (DAP) - Market Size & Forecast 2020-2030, Thousand Tons
  - Single Super Phosphate (SSP) - Market Size & Forecast 2020-2030, Thousand Tons
  - Triple Super Phosphate (TSP) - Market Size & Forecast 2020-2030, Thousand Tons
  - Others- Market Size & Forecast 2020-2030, Thousand Tons
- Potash Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  - Muriate of Potash (MoP) - Market Size & Forecast 2020-2030, Thousand Tons
  - Sulfate of Potash (SoP) - Market Size & Forecast 2020-2030, Thousand Tons
- Secondary Macronutrient Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  - Calcium Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  - Magnesium Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  - Sulfur Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Micronutrient Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  - Zinc- Market Size & Forecast 2020-2030, Thousand Tons
  - Manganese- Market Size & Forecast 2020-2030, Thousand Tons
  - Copper- Market Size & Forecast 2020-2030, Thousand Tons
  - Iron- Market Size & Forecast 2020-2030, Thousand Tons
  - Boron- Market Size & Forecast 2020-2030, Thousand Tons
  - Molybdenum- Market Size & Forecast 2020-2030, Thousand Tons
  - Others- Market Size & Forecast 2020-2030, Thousand Tons

With over 50% of the market share complex fertilizers are the market leaders in Nigeria. Since they are made in granular form and contain multiple nutrients they are reasonably priced. These include nutrients like nitrogen phosphorus and potassium (NPK) that are vital for crops.

By Type

Chemical Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
Bio-Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons

By Form

Dry- Market Size & Forecast 2020-2030, Thousand Tons
Liquid- Market Size & Forecast 2020-2030, Thousand Tons

Dry fertilizers are the leading segment acquiring approximately 80% of the total market share. These fertilizers are cost-effective and easy to handle as it is available in granulated and powdered forms such as; Urea.

By Crop Type

Grains and Cereals- Market Size & Forecast 2020-2030, Thousand Tons
Pulses and Oilseeds- Market Size & Forecast 2020-2030, Thousand Tons
Fruits and Vegetables- Market Size & Forecast 2020-2030, Thousand Tons
Flowers and Ornamentals- Market Size & Forecast 2020-2030, Thousand Tons
Others- Market Size & Forecast 2020-2030, Thousand Tons

By Application

Fertigation- Market Size & Forecast 2020-2030, Thousand Tons
Foliar- Market Size & Forecast 2020-2030, Thousand Tons
Banding- Market Size & Forecast 2020-2030, Thousand Tons
Drip Irrigation- Market Size & Forecast 2020-2030, Thousand Tons

By Region

North
South
East
West.

As indicated in the latest market research report published by Markntel Advisors, “Nigeria Fertilizers Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Nigeria Fertilizers industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/nigeria-fertilizers-market.html

Top Companies Operating in the Nigeria Fertilizers Market:

Dangote Fertilizer Plant
Indorama Eleme Fertilizer & Chemicals Ltd.
Notore Chemical Industries Plc
Golden Fertilizer Company Ltd.
EarthCare Nigeria Limited
OCP Africa
Kano Agriculture Supply Company Ltd.
Superphosphate Fertilizer & Chemicals Ltd.
Springfield Agro Ltd.
Hamdala Fertilizer and Chemicals Co. Ltd.

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

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