Middle East & Africa Sulfur Fertilizer Market Size & Outlook
The sulfur fertilizer market in Middle East & Africa is expected to reach a projected revenue of US$ 585.5 million by 2030. A compound annual growth rate of 1.1% is expected of Middle East & Africa sulfur fertilizer market from 2024 to 2030.
Revenue, 2023 (US$M)
$549.3
Forecast, 2030 (US$M)
$585.5
CAGR, 2024 - 2030
1.1%
Report Coverage
Middle East & Africa
MEA sulfur fertilizer market highlights
- The MEA sulfur fertilizer market generated a revenue of USD 549.3 million in 2023.
- The market is expected to grow at a CAGR of 0.9% from 2024 to 2030.
- In terms of segment, sulfates was the largest revenue generating type in 2023.
- Sulfates is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 549.3 million |
| Market revenue in 2030 | USD 585.5 million |
| Growth rate | 0.9% (CAGR from 2023 to 2030) |
| Largest segment | Sulfates |
| Fastest growing segment | Sulfates |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sulfates |
| Key market players worldwide | Yara International ASA, Nutrien Ltd, The Mosaic Co, ICL Group Ltd, Nufarm Ltd, Koch Industries, Shell PLC, SML Group, Dole PLC |
Other key industry trends
- In terms of revenue, MEA region accounted for 11.6% of the global sulfur fertilizer market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,506.3 million by 2030.
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Sulfur Fertilizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ICL Group Ltd | View profile | 13350 | 23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, Israel, 61202 | https://www.icl-group.com |
| Nufarm Ltd | View profile | 3059 | 103-105 Pipe Road, Laverton North, Melbourne, VIC, Australia, 3026 | https://www.nufarm.com |
| SML Group | View profile | 1001-5000 | Kwun Tong, Kowloon, Hong Kong, Asia | http://www.sml.com/ |
| Koch Industries | View profile | 10001+ | Wichita, Kansas, United States, North America | https://www.kochind.com |
| Yara International ASA | View profile | 18000 | Drammensveien 131, Oslo, Norway, 0277 | https://www.yara.com |
| The Mosaic Co | View profile | 14049 | 101 East Kennedy Boulevard, Suite 2500, Tampa, FL, United States, 33602 | https://www.mosaicco.com |
| Nutrien Ltd | View profile | 25900 | 211 19th Street East, Suite 1700, Saskatoon, SK, Canada, S7K 5R6 | https://www.nutrien.com |
| Dole PLC | View profile | 34078 | 29 North Anne Street, Dublin, Ireland, D07 PH36 | https://www.doleplc.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
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