Fertilizer Import of Ethiopia in 2024: The Latest Trade Analysis

Ethiopia in the Horn of Africa has recorded itself as the leading importer of fertilizers in the international trade market. The growing demand for agro-industry essentials and the limited production capacity of the industrial sectors regarding the production rate has resulted in a crucial reliance on foreign-imported goods. Ethiopia Export Data says that the strategic procurement, expansion, and multi-year contracts, and the improved supply chain and logistics via the Djibouti route have improved the trade over the prior seasons. The rising domestic demand, driven by agricultural reforms, has sharply increased the fertilizer need.

The currency swap agreement with the United Arab Emirates and the improved FX liquidity has resulted in an import trade valuation of fertilizers worth 1.5 billion US dollars in 2024. The fertilizer subsidies increased by the government authorities have maintained affordability for the farmers associated with it. Subscribe to Import Globals, the leading import-export trade provider, to keep track of the overall fluctuations in the fertilizer import trade of Ethiopia via the Ethiopia Trade Data.

GOVERNMENT INITIATIVES SUPPORTING THE IMPORT OF FERTILIZERS IN ETHIOPIA IN 2024

The government authorities of Ethiopia have been collectively putting efforts to positively fuel the revenue rate of imports. The multi-year fertilizer procurement strategy has enabled the early bulk imports and has saved around 24 billion birr in cost. The National fertilizer distribution reform has recorded the delivery rate of 87% of smallholder farmers, such as reducing the delays and improving access to fertilizer before the planting season.

The foreign exchange privatization for fertilizer imports has stabilized the supply chain despite the foreign currency shortages while ensuring the on time payments to international suppliers. The fertilizer subsidy expansion program has offered imports to keep the fertilizer accessible for smallholder farmers to support the food security groups.

THE TOP 10 LEADING VARIANTS OF FERTILIZERS IMPORTED IN ETHIOPIA IN 2024

Ethiopia has been actively importing diversification of fertilizer from foreign resources due to the growing consumer need. According to the Ethiopia Import Data, the top 10 imported variants of fertilizers of the nation in 2024 are,

  1. Urea — The annual valuation of Urea imported in Ethiopia in 2024–987 million US dollars
  2. Diammonium Phosphate — The annual valuation of Diammonium Phosphate imported in Ethiopia in 2024–812 million US dollars
  3. NPS — The annual valuation of NPS imported in Ethiopia in 2024–765 million US dollars
  4. NPK — The annual valuation of NPK imported in Ethiopia in 2024–654 million US dollars
  5. Ammonium Sulfate — The annual valuation of Ammonium Sulfate imported in Ethiopia in 2024–587 million US dollars
  6. Triple Superphosphate — The annual valuation of Triple Superphosphate imported in Ethiopia in 2024–465 million US dollars
  7. Calcium Ammonium– The annual valuation of Calcium Ammonium imported in Ethiopia in 2024–287 million US dollars
  8. Potassium Chloride — The annual valuation of Potassium Chloride imported in Ethiopia in 2024–221 million US dollars
  9. Ammonium Nitrate — The annual valuation of Ammonium Nitrate imported in Ethiopia in 2024–176 million US dollars
  10. Single Superphosphate — The annual valuation of Single Superphosphate imported in Ethiopia in 2024–122 million US dollars

THE TOP 10 IMPORT TRADE PARTNERS OF ETHIOPIA FOR FERTILIZERS IN 2024

Proper communications with the leading trade partners and the valuable pricing strategies adopted globally have resulted in the strengthening of bilateral trade. As per the Ethiopia Customs Data, the top 10 import trade partners of the nation for fertilizers in 2024 are,

  • China — The total value of fertilizers imported in Ethiopia from China in 2024–909 million US dollars

Top 5 variants of fertilizers imported

1. Langbeinite

2. Potassium Carbonate

3. Potassium Bicarbonate

4. Urea Phosphate

5. Ammonium Bicarbonate

  • India — The total value of fertilizers imported in Ethiopia from India in 2024–812 million US dollars

Top 5 variants of fertilizers imported

1. Cottonseed Meal

2. Soybean Meal Fertilizer

3. Rock Phosphate

4. Phosphoric Acid Fertilizer

5. Ammonium Phosphate Sulfate

  • Turkey — The total value of fertilizers imported in Ethiopia from Turkey in 2024–765 million US dollars

Top 5 variants of fertilizers imported

1. Seaweed Extract Fertilizer

2. Fish Emulsion Fertilizer

3. Bone Meal

4. Blood Meal

5. Feather Meal

  • Germany — The total value of fertilizers imported in Ethiopia from Germany in 2024–671 million US dollars

Top 5 variants of fertilizers imported

1. Boronated Urea

2. Boronated NPK

3. Humic Acid Fertilizer

4. Fulvic Acid Fertilizer

5. Amino Acid Chelated Fertilizer

  • Italy — The total value of fertilizers imported in Ethiopia from Italy in 2024–542 million US dollars

Top 5 variants of fertilizers imported

1. Chelated Iron

2. Chelated Manganese

3. Chelated Copper

4. Chelated Calcium

5. Chelated Magnesium

  • United States — The total value of fertilizers imported in Ethiopia from the United States in 2024–432 million US dollars

Top 5 variants of fertilizers imported

1. Borax

2. Boric Acid Fertilizer

3. Zinc Sulfate Heptahydrate

4. Zinc Sulfate Monohydrate

5. Chelated Zinc

  • Japan — The total value of fertilizers imported in Ethiopia from Japan in 2024–276 million US dollars

Top 5 variants of fertilizers imported

1. Magnesium Sulfate

2. Kieserite

3. Dolomitic Limestone

4. Agricultural Lime

5. Gypsum

  • United Arab Emirates– The total value of fertilizers imported in Ethiopia from United Arab Emirates in 2024–224 million US dollars

Top 5 variants of fertilizers imported

1. Ammonium Polyphosphate

2. UAN 28%

3. UAN 32%

4. Urea Formaldehyde

5. Sulfur-Coated Urea

  • Netherlands– The total value of fertilizers imported in Ethiopia from the Netherlands in 2024–164 million US dollars

Top 5 variants of fertilizers imported

1. Ammonium Sulfate

2. Ammonium Nitrate

3. Calcium Ammonium Nitrate

4. Potassium Chloride

5. Potassium Sulfate

  • United Kingdom– The total value of fertilizers imported in Ethiopia from the United Kingdom in 2024–122 million US dollars

Top 5 variants of fertilizers imported

1. Urea

2. Diammonium Phosphate

3. Monoammonium Phosphate

4. Triple Superphosphate

5. Single Superphosphate

Comments

Popular posts from this blog

Overview of the Optical Equipment Import of Vietnam in 2023

Seafood Export of Uganda in 2023

Import and Export Procedures in Vietnam 2023