Fertiliser prices on the global market are expected to rise sharply in 2026, a development that could increase food production costs and heighten food inflation risks in Sub-Saharan Africa, including Ghana.

This is according to the April 2026 edition of the Commodity Markets Outlook released by the World Bank.

The report projects that global fertiliser prices will increase by about 30.7 percent in 2026, before easing in 2027 as supply conditions improve.

According to the World Bank, fertiliser markets remain highly sensitive to movements in global energy prices and geopolitical developments, particularly because natural gas is a key input in fertiliser production.

The expected rise in fertiliser prices could significantly increase production costs for farmers worldwide.

In many developing regions, especially Sub-Saharan Africa, higher fertiliser costs could reduce farmers’ ability to purchase adequate inputs, potentially affecting crop yields and food supply.

For countries such as Ghana, which depend largely on imported fertiliser to support agricultural production, the projected increase could place additional pressure on food prices and household spending.

The World Bank notes that although fertiliser prices are expected to decline in 2027, the near-term increase could still contribute to higher food inflation and food security concerns, particularly in low-income economies across Africa.