Cote d’Ivoire

Country Overview

Fertilizer Market

Fertilizer Prices

Market Comments

OCTOBER 2017

Market Comments

The Ivorian fertilizer market in October was characterized by a decrease in sales in most farming areas. Markets prices were mostly stable for all formulas.

Northern regions (cotton) and Eastern regions (food crops)

In the North, cotton farms have already been supplied, with mostly bottom fertilizer (NPK 15 15 15). There is little demand for urea, due to  delays at the beginning of the season by some farmers who continue to buy in smaller quantities. On the other hand, there is a slight increase in the demand for specific fertilizers, as seedlings of cotton have begun sprouting.

Sales of NPK 15 15 15 and urea are expected to continue declining over the next 4 weeks, while demand for fertilizer used for food crops is expected to increase as the planting season  begins and is expected to peak next month.

South, East and South-West Regions (cocoa)

In the south, sales of cocoa fertilizers remained low. The decline in cocoa farm gate prices and reduced producer earnings is curbing the enthusiasm of farmers who had begun to source NPK 0 23 19 fertilizer from dealers. Retailers believe that the beginning of this cropping year wass more difficult than the previous one, as they claim to have sold less fertilizer this year.

Favorable fertilizer supply combined with regular and intense rains in recent times is expected to push farmers to buy more fertilizer. Despite the fall in cocoa prices, an increase  in cocoa fertilizer sales is expected for the coming month.

Prices remained stable across all markets in both regions


Sales Trend (comparisons from September to October)

Towns

Fertilizer (commercial)

Sales trend 

Price trend

Abengourou NPK 0 23 19

Urea

San Pedro NPK 0 23 19

NPK 12 22 22

Urea

Soubre NPK 0 23 19

Urea

Tieme NPK 15 15 15

Urea

Touba NPK 15 15 15

Urea

 

Price trends over the past 3 months

NPK 15 15 15 Urea 46% NPK 0 23 19 + 10CaO + 6.5S + 5MgO
FCFA/ 50 kg bag Type Aug-17 Sep -17 Oct -17 Aug-17 Sep -17 Oct -17 Aug-17 Sep -17 Oct -17
Abengourou com 14550 14550 14500 16250 16250 16250
Bouafle com 15000 15500 15000 15000 16000 16000
Daloa com 14500 14500 14500 16000 16000 16000
Gagnoa com 16500 16500 16500 14750 14750 14750
Korhogo com 14000 14500 14000
San Pedro com 15000 15000 15000 16000 16000 16000
Soubre com 16000 16000 16000 15500 15500 15000
Tieme com 15000 15000 15000 16000 16000 16000
Touba com 15500 15500 15500 16000 16000 16000

SEPTEMBER 2017

Market Comments

The fertilizer market is dynamic and timid, depending on the farming area. This is due to the disparity in rainfall and the unexpected drop in cocoa prices. Fertilizer prices have remained unchanged compared to last month for all formulas and generally in all farming areas.

However globally, fertilizer dealers revealed that this season has been more difficult for them due to the low turnover compared to the past.

The general trend of sales has been on the rise for urea, NPK 15-15-15 and NPK 12-22-22.

Northern regions (cotton) and Eastern regions (food crops)

In the northern zone, where rains delayed compared to last year, farmers are still active in the fertilizer markets. Prices remained broadly stable throughout the area.

With crop advancement, the majority of fertilizer purchases are directed towards urea. However, some lagging farmers are still purchasing NPKs.

South, East and South-West Regions (cocoa)

In the South, the market is rather slow. According to the dealers active in the zone, this is due to the unexpected decline in Cocoa prices in the countryside, which reduces farmers’ incomes. Secondly the period coincides with the intercropping of cocoa crops. As a result, Cocoa fertilizers are timidly sold compared to cereal fertilizers contrary to last month’s forecast.

Prices remained stable across all markets in both regions


Sales Trend (comparisons from August to September)

Towns

Fertilizer (commercial)

Sales trend 

Price trend

Abengourou NPK 0 23 19

Urea

San Pedro NPK 0 23 19

NPK 12 22 22

Urea

Soubre NPK 0 23 19

Urea

Tieme NPK 15 15 15

Urea

Touba NPK 15 15 15

Urea

 

Price trends over the past 3 months

NPK 15 15 15 Urea 46% NPK 0 23 19 + 10CaO + 6.5S + 5MgO
FCFA/ 50 kg bag Type July-17 Aug -17 Sep -17 July-17 Aug -17 Sep -17 July-17 Aug -17 Sep -17
Abengourou com 14500 14550 14550 16250 16250 16250
Bouafle com 15500 15500 15000 15000 16000 16000
Daloa com 14500 14500 14500 16000 16000 16000
Gagnoa com 16500 16500 16500 14750 14750 14750
Korhogo com 14000 14000 14500
San Pedro com 15000 15000 15000 16000 16000 16000
Soubre com 16000 16000 16000 15500 15500 15500
Tieme com 15000 15000 15000 16000 16000 16000
Touba com 15500 15500 15500 16000 16000 16000
Publications

CIV Fertilizer Statistics Overview 2015    2016 AFO CIV BKN MLI SGL Rapport atelier GTTE_SONGON Final   FUBC Cote d'Ivoire final report 2015  West Africa Fertilizer Report Cote d'Ivoire 2013