Demand for Dangote fertiliser rises amid US Iran crisis

Dayo Thomas

Dangote Fertilizer is experiencing a surge in demand due to the ongoing US-Iran conflict, which has disrupted global fertilizer supplies. The company’s Lagos facility, Africa’s largest producer of granulated urea and ammonia, is seeing increased interest from buyers seeking alternative sources. About a third of global fertilizer supplies pass through the Strait of Hormuz, a key maritime passage restricted by the conflict

The demand increase is driven by shortages in the global market, with Iran’s production slowing and natural gas prices rising. Dangote Fertilizer’s annual production capacity is 3 million tons of urea and ammonia, with approximately 37% exported to the United States