GHANA FERTILIZER MARKET

INTRODUCTION

Even though local and global economic factors are altering the dynamics of the fertilizer market in Ghana, there is still a pressing need for fertilizer that is priced competitively.

There are opportunities for U.S. suppliers of organic fertilizer, conventional chemical fertilizer, and agriculture technology solutions that provide alternatives to conventional chemical fertilizer.

Business Administration Ghana is looking for intrigued U.S. organizations that might want to seek after these valuable open doors and can help to present new brokers and new items to significant end clients and government specialists.

Cassava, rice, maize, millet, rice, and yams are the primary crops grown in Ghana that require fertilizer. Ghana imports almost all of its fertilizer, making it the largest importer in West Africa.

Nitrogen, phosphorus, potassium (NPK), urea, ammonium sulfate, and organic compost are Ghana's primary resources.Ghana frequently blends bulk fertilizer in domestic facilities after importing it.

Organic compost only accounts for 1% of consumption, and domestic production is low;It is primarily a domestic poultry and cattle industry byproduct.The fertilizer market in Ghana is price-sensitive.

Russia became a major supplier to Ghana, but it now threatens to cut off supplies worldwide.

In its current form, the fertilizer import market is heavily reliant on fluctuating government subsidies.The Ghanaian government has subsidized the fertilizer purchases of farmers and large industry associations as part of its Planting for Food and Jobs agricultural input subsidy program. 

GHANA FERTILIZER MARKET SIZE AND FORECAST

The Ghana Fertilizer Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

GHANA FERTILIZER MARKETNEW PRODUCT LAUNCH

To assist farmers in increasing their productivity, a brand-new fertilizer variety known as Proterfert LN 6, 5—a natural organic fertilizer rich in yield increase and based on amino acids—has been introduced in the nation.

Protifert LN 6,5 is a liquid fertilizer that is made in an environmentally friendly way from natural amino acids and peptides. It gives plants the ingredients they need while saving the biological energy they need to make them.

Due to Ghana's efforts in food production, the product was first introduced to the West African Sub-Region. The country advised farmers to use the fertilizer sparingly to help increase food production.

The managing director of Tropical 2000, the product's local agents, stated that the producers needed to be persuaded to expand their supply to Ghana because Ghana had made progress in the production of food.

To ensure that the fertilizer met Ghana's Ministry of Agriculture's specifications for use in the country and that farmers were aware of how to apply it, Tropical 2000 would begin the necessary education across the country.

Manure use in Ghana was essential since soil fruitfulness was low and expected the utilization of the item to increment food productivity.fertilizer use in the nation was low when contrasted with the amount being utilized in different nations.

In an effort to combat hunger and poverty, the government had provided farmers with over 150,000 tons of fertilizer at discounted prices.

GHANA FERTILIZER MARKETCOMPANY PROFILE

• Glofert
• agricultural manufacturing group limited
• AMG FERTILIZER HOUSE
• Yara Ghana Ltd.
• ESEFORT
• RMG Ghana Limited
• Wienco Ghana
• AGROYARD COMPANY LIMITED
• AGROYARD COMPANY LIMITED
• Calli Ghana

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFGHANA FERTILIZER MARKET

1. What is the average cost perGhana Fertilizer Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aFertilizer MarketinGhana?
3. How manyGhana Fertilizer Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGhana Fertilizer Market and key vendor selection criteria
6. Where is theGhana Fertilizer Market manufactured? What is the average margin per equipment?
7. Market share ofGhana Fertilizer Marketmanufacturers and their upcoming products
8. The most important plannedGhana Fertilizer Marketin next 2 years
9. Details on network of majorGhana Fertilizer Marketand pricing plans
10. Cost advantage for OEMs who manufactureGhana Fertilizer Marketin-house
11. 5 key predictions for next 5 years inGhana Fertilizer Market
12. Average B-2-BGhana Fertilizer Marketprice in all segments
13. Latest trends inGhana Fertilizer Market, by every market segment
14. The market size (both volume and value) ofGhana Fertilizer Marketin 2024-2030 and every year in between?
15. Global production breakup ofGhana Fertilizer Market, by suppliers and their OEM relationship