PRESS BRIEFING 2ND REPUBLIC, SESSION II , 7TH MEETING
7 NOVEMBER 2023
- Update on the Supply Situation
Cabinet received and considered the report on the update on the current fertilizer supply, demand and price situation. The nation is advised that the national demand for fertilizers is estimated at 400 000 metric tonnes (MT) of basal and 380 000 metric tonnes (MT) of top dressing per annum for both the summer and winter cropping season.
The local fertilizer industry is having challenges and the supply gap is being covered largely by imports. The current fertilizer stocks held by the Zimbabwe Fertilizer Manufacturers Association (ZFMA) and those under the Collateral Management Agreement (CMA) have indicated that they have challenges meeting the surging demand ahead of imminent summer season.
Meanwhile, the Government has approved that farmers import fertilizers directly from suppliers outside the country to augment local supplies whilst Government develops a long-term solution to the fertilizer challenges.