Fertiliser prices in the global market are anticipated to experience a significant increase in 2026, a situation that may elevate food production expenses and exacerbate food inflation risks in Sub-Saharan Africa, including Ghana.
This information is derived from the April 2026 edition of the Commodity Markets Outlook published by the World Bank.
The report forecasts that global fertiliser prices will rise by approximately 30.7 percent in 2026, before moderating in 2027 as supply conditions improve.
According to the World Bank, fertiliser markets are particularly sensitive to fluctuations in global energy prices and geopolitical events, especially since natural gas is a crucial component in fertiliser production.
The anticipated increase in fertiliser prices could considerably raise production costs for farmers worldwide.
In numerous developing regions, particularly Sub-Saharan Africa, the rise in fertiliser costs may hinder farmers’ capacity to acquire sufficient inputs, potentially impacting crop yields and food availability.
For nations like Ghana, which heavily rely on imported fertiliser to bolster agricultural output, the expected rise could exert additional pressure on food prices and household expenditures.
The World Bank emphasizes that while fertiliser prices are projected to decrease in 2027, the imminent increase could still lead to heightened food inflation and food security issues, especially in low-income economies throughout Africa.
