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Fertilizers and plant nutrients and herbicides

KWAZULU NATAL · FY 2024/25

The market for fertilizers and plant nutrients in KwaZulu Natal is worth about R44.7 million, which is a decent size. What's interesting is that it's not growing or shrinking, with zero year-on-year growth, so you'll need to compete for existing business. It's also a relatively uncrowded space, with only 2 suppliers currently operating in this area, and only 1 department to deal with. You should also note that the government is favouring businesses with black ownership, with about 95% of the allocation going to these organisations. If I were you, I'd focus on building relationships with the relevant department and ensuring your business meets the Broad-Based Black Economic Empowerment programme requirements to increase your chances of securing contracts.

Market Size

R45M

Suppliers

2

Departments

1

Avg Transaction

R15M

Supplier Type Allocation

EME (< R10M)

0%

QSE (R10-50M)

0%

GE (> R50M)

0%

BEE Allocation

Black Owned

95.4%

Women Owned

22.0%

Youth Owned

16.2%

Disabled Owned

1.5%

Spending Trend

2018/19
R24K
2019/20
R18M
2020/21
R11M
2021/22
R2M
2022/23
R16M
2023/24
R7M
2024/25
R45M
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