| Product Code: ETC4594310 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Nigeria continued to see a significant influx of water-soluble fertilizers from top exporting countries including Israel, China, Metropolitan France, Slovakia, and Spain. The market concentration, as measured by the HHI, remained very high, indicating a strong presence of these key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 29.59%, with a remarkable growth rate of 166.58% from 2023 to 2024, showcasing the increasing demand and reliance on water-soluble fertilizers in Nigeria`s agriculture sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Water-Soluble Fertilizers Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Water-Soluble Fertilizers Market - Industry Life Cycle |
3.4 Nigeria Water-Soluble Fertilizers Market - Porter's Five Forces |
3.5 Nigeria Water-Soluble Fertilizers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Water-Soluble Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Water-Soluble Fertilizers Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 Nigeria Water-Soluble Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high agricultural productivity |
4.2.2 Rising awareness about sustainable farming practices |
4.2.3 Government support and initiatives to promote efficient fertilizer usage |
4.3 Market Restraints |
4.3.1 Limited awareness and adoption of water-soluble fertilizers among farmers |
4.3.2 High initial cost compared to traditional fertilizers |
4.3.3 Lack of proper infrastructure for distribution and storage of water-soluble fertilizers |
5 Nigeria Water-Soluble Fertilizers Market Trends |
6 Nigeria Water-Soluble Fertilizers Market, By Types |
6.1 Nigeria Water-Soluble Fertilizers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Nitrogenous, 2021 - 2031F |
6.1.4 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Phosphatic, 2021 - 2031F |
6.1.5 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Potassic, 2021 - 2031F |
6.1.6 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Micronutrients, 2021 - 2031F |
6.2 Nigeria Water-Soluble Fertilizers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Fertigation , 2021 - 2031F |
6.2.3 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By FoliarApplication, 2021 - 2031F |
6.3 Nigeria Water-Soluble Fertilizers Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Field, 2021 - 2031F |
6.3.3 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Horticultural, 2021 - 2031F |
6.3.4 Nigeria Water-Soluble Fertilizers Market Revenues & Volume, By Turf & Ornamentals, 2021 - 2031F |
7 Nigeria Water-Soluble Fertilizers Market Import-Export Trade Statistics |
7.1 Nigeria Water-Soluble Fertilizers Market Export to Major Countries |
7.2 Nigeria Water-Soluble Fertilizers Market Imports from Major Countries |
8 Nigeria Water-Soluble Fertilizers Market Key Performance Indicators |
8.1 Adoption rate of water-soluble fertilizers by farmers |
8.2 Efficiency of water-soluble fertilizers in improving crop yield |
8.3 Environmental impact assessment of water-soluble fertilizers |
9 Nigeria Water-Soluble Fertilizers Market - Opportunity Assessment |
9.1 Nigeria Water-Soluble Fertilizers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Water-Soluble Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Water-Soluble Fertilizers Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 Nigeria Water-Soluble Fertilizers Market - Competitive Landscape |
10.1 Nigeria Water-Soluble Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Water-Soluble Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |