Vietnam Fertilizer Industry Outlook to 2017 - Government Initiatives to Enhance NPK Complex Fertilizer Growth
The industry research publication titled ‘Vietnam Fertilizer Industry Outlook to 2017 – Government Initiatives to Enhance NPK Complex Fertilizer Growth’ presents a comprehensive analysis of market size by volume of fertilizers in Vietnam. The report entails the market share analysis and company profiles of major players in the fertilizer industry. The future analysis and segmentation by functionality and distribution channel have also been discussed in each of the sub-segment.
Vietnam is an agrarian economy which is set apart with its small land base and a large population base. Faced with the problem of high population, food security is a major reason of concern for the government of the country. The fertilizer industry plays a crucial role in fulfilling the food needs of the population. The overall consumption of fertilizers has showcased a growth of 3.4% during 2006-2012 growing from ~ thousand tons nutrients in 2006 to ~ thousand tons nutrients in 2012. The imports played a significant role in the fertilizer industry of the country growing at a CAGR of 1.6% during 2006-2011 as a substantial amount of fertilizers are imported in the country. In terms of nutrients nitrogen fertilizers occupied the highest share of ~% in 2012. The consumption of second and the third largest segment namely phosphate and potash fertilizers reached ~ thousand tons nutrients and ~ thousand tons nutrients respectively in 2012. The government has started to support greater consumption phosphate and potash fertilizers with their share reaching ~% and 19.5% respectively in 2012. The domestic fertilizer supply of nitrogen and phosphate fertilizers in Vietnam is concentrated in the hands of two giants namely the Petrovietnam group (PVN) and Vietnam national chemical group (Vinachem). In the nitrogen fertilizer segment, Petrovietnam had a share of ~% while Vietnam National chemical group contributed ~% of the share in 2012. The most widely used nitrogen fertilizers include products such as urea and ammonium phosphate, phosphate fertilizers such as fused magnesium phosphate and superphosphate and complex fertilizers such as NPK. The fertilizer sector of Vietnam is closely monitored and tightly regulated by the government policies. Subsidization of raw materials is one of key important factors driving this market. For instance, Cau Mau fertilizer plant and DPM benefit from the low natural gas price which is available to them at as much as 40.0% lower price as compared to the price at which natural gas is provided to the industrial users. All these factors have significantly driven the consumption of fertilizers in the country.
The fertilizer market of Vietnam is estimated to reach about ~ thousand tons nutrients in 2017 growing at a CAGR of 4.3% during 2012-2017. The primary industry of the country would continue to play a crucial role in the development of economy of Vietnam with the GDP from agriculture, fishing and forestry expected to reach USD 123,371.9 million in 2017. Hence, the agriculture industry would continue to be one of the main areas of focus of the Vietnamese government thereby driving the demand for fertilizers in the country. In the coming years, growth in the fertilizer industry of Vietnam would be driven by potash fertilizers particularly in the NPK segment.
KEY TOPICS COVERED IN THE REPORT
Vietnam is an agrarian economy which is set apart with its small land base and a large population base. Faced with the problem of high population, food security is a major reason of concern for the government of the country. The fertilizer industry plays a crucial role in fulfilling the food needs of the population. The overall consumption of fertilizers has showcased a growth of 3.4% during 2006-2012 growing from ~ thousand tons nutrients in 2006 to ~ thousand tons nutrients in 2012. The imports played a significant role in the fertilizer industry of the country growing at a CAGR of 1.6% during 2006-2011 as a substantial amount of fertilizers are imported in the country. In terms of nutrients nitrogen fertilizers occupied the highest share of ~% in 2012. The consumption of second and the third largest segment namely phosphate and potash fertilizers reached ~ thousand tons nutrients and ~ thousand tons nutrients respectively in 2012. The government has started to support greater consumption phosphate and potash fertilizers with their share reaching ~% and 19.5% respectively in 2012. The domestic fertilizer supply of nitrogen and phosphate fertilizers in Vietnam is concentrated in the hands of two giants namely the Petrovietnam group (PVN) and Vietnam national chemical group (Vinachem). In the nitrogen fertilizer segment, Petrovietnam had a share of ~% while Vietnam National chemical group contributed ~% of the share in 2012. The most widely used nitrogen fertilizers include products such as urea and ammonium phosphate, phosphate fertilizers such as fused magnesium phosphate and superphosphate and complex fertilizers such as NPK. The fertilizer sector of Vietnam is closely monitored and tightly regulated by the government policies. Subsidization of raw materials is one of key important factors driving this market. For instance, Cau Mau fertilizer plant and DPM benefit from the low natural gas price which is available to them at as much as 40.0% lower price as compared to the price at which natural gas is provided to the industrial users. All these factors have significantly driven the consumption of fertilizers in the country.
The fertilizer market of Vietnam is estimated to reach about ~ thousand tons nutrients in 2017 growing at a CAGR of 4.3% during 2012-2017. The primary industry of the country would continue to play a crucial role in the development of economy of Vietnam with the GDP from agriculture, fishing and forestry expected to reach USD 123,371.9 million in 2017. Hence, the agriculture industry would continue to be one of the main areas of focus of the Vietnamese government thereby driving the demand for fertilizers in the country. In the coming years, growth in the fertilizer industry of Vietnam would be driven by potash fertilizers particularly in the NPK segment.
KEY TOPICS COVERED IN THE REPORT
- The market size of the Vietnam fertilizer market in terms of volume in the last years (2006 - 2012)
- Vietnam fertilizer market segmentation by nutrients(nitrogen, phosphate, potash)
- Vietnam fertilizer market segmentation by crop usage (cereals, oil seeds and others)
- Vietnam nitrogen fertilizer, phosphate fertilizer and potash market size in terms of volume in years 2006-2012.
- Vietnam nitrogen fertilizer, phosphate fertilizer and potash fertilizer segmentation by products and crop usage.
- Trends and Developments and Government regulations in the fertilizer market in Vietnam
- Competitive landscape players operating in fertilizer market of Vietnam (Vietnam National Chemical Group, Petro Vietnam Fertilizer and Chemical Group, Petro Vietnam cau Mau Fertilizer Company and others)
- Future projections and macro economic factors of Vietnam fertilizer industry
1. VIETNAM FERTILIZER MARKET SIZE AND INTRODUCTION, 2006-2012
2. VIETNAM FERTILIZER MARKET SEGMENTATION BY NUTRIENTS, 2006-2012
2.1. Vietnam Nitrogen Fertilizer Market Size and Introduction, 2006-2012
2.2. Vietnam Nitrogen Fertilizer Market Segmentation by Products, 2006-2012
2.3. Vietnam Nitrogen Fertilizer Market Future Outlook and Projections, 2013-2017
2.4. Vietnam Nitrogen Fertilizer Market Segmentation by Crop Usage, 2006, 2007 and 2010
2.4.1. Vietnam Nitrogen Fertilizer Crops Products Market Size, 2006, 2007 and 2010
2.5. Vietnam Phosphate Fertilizer Market Size and Introduction, 2006-2012
2.6. Vietnam Phosphate Fertilizer Market Segmentation by Products, 2006-2012
2.7. Vietnam Phosphate Fertilizer Market Future Outlook and Projections, 2013-2017
2.8. Vietnam Phosphate Fertilizer Market Segmentation by Crop Usage, 2006, 2007 and 2010
2.8.1. Vietnam Phosphate Fertilizer Crops Usage Market Size 2006, 2007 and 2010
2.9. Vietnam Potash Fertilizer Market Size and Introduction, 2006-2012
2.10. Vietnam Potash Fertilizer Market Segmentation by Products, 2006-2012
2.11. Vietnam Potash Fertilizer Products Future Outlook and Projections, 2013-2017
2.12. Vietnam Potash Fertilizer Market Segmentation by Crop Usage, 2006, 2007 and 2010
2.12.1. Vietnam Potash Fertilizer Crops Product Market Size, 2006, 2007 and 2010
3. VIETNAM FERTILIZER MARKET SHARE OF MAJOR PLAYERS
3.1. Market Share of Major Players in Vietnam Nitrogen Fertilizer Market, 2012
3.2. Market Share of Major Players in Vietnam Phosphate Fertilizer Market, 2011
4. VIETNAM FERTILIZER MARKET COMPETITIVE LANDSCAPE OF MAJOR PLAYERS
5. VIETNAM FERTILIZER MARKET TRENDS AND DEVELOPMENTS
Promoting Balanced Fertilization
Limited Innovation
6. VIETNAM FERTILIZER MARKET FUTURE OUTLOOK AND PROJECTIONS, 2013-2017
7. VIETNAM FERTILIZER MARKET GOVERNMENT POLICIES AND REGULATIONS
8. MACRO ECONOMIC INDICATORS FOR VIETNAM FERTILIZER MARKET
8.1. Population of Vietnam, 2006-2017
8.2. Food grain production in Vietnam, 2006-2017
8.3. GDP from Agriculture and Allied Activities, 2006-2017
8.4. Total Planted Area, 2006-2017
9. APPENDIX
9.1. Market Definitions
9.2. Abbreviations
9.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
9.4. Disclaimer
2. VIETNAM FERTILIZER MARKET SEGMENTATION BY NUTRIENTS, 2006-2012
2.1. Vietnam Nitrogen Fertilizer Market Size and Introduction, 2006-2012
2.2. Vietnam Nitrogen Fertilizer Market Segmentation by Products, 2006-2012
2.3. Vietnam Nitrogen Fertilizer Market Future Outlook and Projections, 2013-2017
2.4. Vietnam Nitrogen Fertilizer Market Segmentation by Crop Usage, 2006, 2007 and 2010
2.4.1. Vietnam Nitrogen Fertilizer Crops Products Market Size, 2006, 2007 and 2010
2.5. Vietnam Phosphate Fertilizer Market Size and Introduction, 2006-2012
2.6. Vietnam Phosphate Fertilizer Market Segmentation by Products, 2006-2012
2.7. Vietnam Phosphate Fertilizer Market Future Outlook and Projections, 2013-2017
2.8. Vietnam Phosphate Fertilizer Market Segmentation by Crop Usage, 2006, 2007 and 2010
2.8.1. Vietnam Phosphate Fertilizer Crops Usage Market Size 2006, 2007 and 2010
2.9. Vietnam Potash Fertilizer Market Size and Introduction, 2006-2012
2.10. Vietnam Potash Fertilizer Market Segmentation by Products, 2006-2012
2.11. Vietnam Potash Fertilizer Products Future Outlook and Projections, 2013-2017
2.12. Vietnam Potash Fertilizer Market Segmentation by Crop Usage, 2006, 2007 and 2010
2.12.1. Vietnam Potash Fertilizer Crops Product Market Size, 2006, 2007 and 2010
3. VIETNAM FERTILIZER MARKET SHARE OF MAJOR PLAYERS
3.1. Market Share of Major Players in Vietnam Nitrogen Fertilizer Market, 2012
3.2. Market Share of Major Players in Vietnam Phosphate Fertilizer Market, 2011
4. VIETNAM FERTILIZER MARKET COMPETITIVE LANDSCAPE OF MAJOR PLAYERS
5. VIETNAM FERTILIZER MARKET TRENDS AND DEVELOPMENTS
Promoting Balanced Fertilization
Limited Innovation
6. VIETNAM FERTILIZER MARKET FUTURE OUTLOOK AND PROJECTIONS, 2013-2017
7. VIETNAM FERTILIZER MARKET GOVERNMENT POLICIES AND REGULATIONS
8. MACRO ECONOMIC INDICATORS FOR VIETNAM FERTILIZER MARKET
8.1. Population of Vietnam, 2006-2017
8.2. Food grain production in Vietnam, 2006-2017
8.3. GDP from Agriculture and Allied Activities, 2006-2017
8.4. Total Planted Area, 2006-2017
9. APPENDIX
9.1. Market Definitions
9.2. Abbreviations
9.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
9.4. Disclaimer
LIST OF FIGURES
Figure 1: Vietnam Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 2: Vietnam Fertilizer Consumption by South, North and Central Vietnam on the Basis of Consumption in Percentage, 2012
Figure 3: Vietnam Fertilizer Market Segmentation by Nutrients on the Basis of Consumption in Percentage, 2006-2012
Figure 4: Vietnam Nitrogen Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 5: Vietnam Nitrogen Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 6: Vietnam Nitrogen Fertilizer Market Segmentation by Crop Usage on the Basis of Consumption in Percentage, 2006, 2007 and 2010
Figure 7: Vietnam Phosphate Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 8: Vietnam Phosphate Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 9: Vietnam Phosphate Fertilizer Market Segmentation by Crop Usage on the Basis of Consumption in Percentage, 2006, 2007 and 2010
Figure 10: Vietnam Potash Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 11: Vietnam Potash Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 12: Vietnam Potash Fertilizer Market Segmentation by Crop Usage on the Basis of Consumption in Percentage, 2006, 2007 and 2010
Figure 13: Market Share of Leading Players in Vietnam Nitrogen Fertilizers, 2012
Figure 14: Market Share of Leading Players in Vietnam Phosphate Fertilizer Market, 2011
Figure 15: Vietnam Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 16: Vietnam Population Size in Million, 2006-2017
Figure 17: Vietnam Food Grain Production Million Tons, 2006-2017
Figure 18: Vietnam GDP from Agriculture in USD Million, 2006-2017
Figure 19: Vietnam Total Planted Area in Million Hectares, 2006-2017
Figure 1: Vietnam Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 2: Vietnam Fertilizer Consumption by South, North and Central Vietnam on the Basis of Consumption in Percentage, 2012
Figure 3: Vietnam Fertilizer Market Segmentation by Nutrients on the Basis of Consumption in Percentage, 2006-2012
Figure 4: Vietnam Nitrogen Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 5: Vietnam Nitrogen Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 6: Vietnam Nitrogen Fertilizer Market Segmentation by Crop Usage on the Basis of Consumption in Percentage, 2006, 2007 and 2010
Figure 7: Vietnam Phosphate Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 8: Vietnam Phosphate Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 9: Vietnam Phosphate Fertilizer Market Segmentation by Crop Usage on the Basis of Consumption in Percentage, 2006, 2007 and 2010
Figure 10: Vietnam Potash Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Figure 11: Vietnam Potash Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 12: Vietnam Potash Fertilizer Market Segmentation by Crop Usage on the Basis of Consumption in Percentage, 2006, 2007 and 2010
Figure 13: Market Share of Leading Players in Vietnam Nitrogen Fertilizers, 2012
Figure 14: Market Share of Leading Players in Vietnam Phosphate Fertilizer Market, 2011
Figure 15: Vietnam Fertilizer Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Figure 16: Vietnam Population Size in Million, 2006-2017
Figure 17: Vietnam Food Grain Production Million Tons, 2006-2017
Figure 18: Vietnam GDP from Agriculture in USD Million, 2006-2017
Figure 19: Vietnam Total Planted Area in Million Hectares, 2006-2017
LIST OF TABLES
Table 1: Vietnam Fertilizer Market Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 2: Vietnam Fertilizer Demand and Supply of Major Fertilizer Products in Thousand Tons, 2012
Table 3: Vietnam Fertilizer Market Size Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 4: Vietnam Nitrogen Compound and Straight Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrient, 2006-2012
Table 5: Vietnam Urea Exports to Leading Eleven Countries in Tons, 2008-2012
Table 6: Vietnam Urea Exports to Leading Eleven Countries in USD, 2008-2012
Table 7: Vietnam Nitrogen Fertilizer Segmentation by Products on the Basis of Consumption in Percentage, 2006-2012
Table 8: Vietnam Nitrogen Fertilizer Product Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Table 9: Vietnam Nitrogen Fertilizer Product Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Table 10: Vietnam Nitrogen Fertilizer Market Size by Crop Usage in Thousand Tons Nutrients, 2006, 2007 and 2010
Table 11: Vietnam Phosphate Fertilizer Market Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 12: Vietnam Phosphate Compound and Straight Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrient, 2006-2012
Table 13: Vietnam Nitrogen Fertilizer Segmentation by Products on the Basis of Consumption in Percentage in, 2006-2012
Table 14: Vietnam Phosphate Fertilizer Product Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Table 15: Vietnam Phosphate Fertilizer Product Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Table 16: Vietnam Phosphate Fertilizer Market Size by Crop Usage in Thousand Tons Nutrients, 2006, 2007 and 2010
Table 17: Vietnam Production of Main Annual Crops in Thousand Tons, 2006-2012
Table 18: Vietnam Potash Fertilizer Market Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 19: Vietnam Potash Imports from Leading Countries in Tons, 2008-2012
Table 20: Vietnam Imports of Potash from Leading Countries in USD, 2008-2012
Table 21: Vietnam Fertilizer Market Segmentation by Products on the Basis of Consumption in Percentage, 2006-2012
Table 22: Vietnam Potash Fertilizer Product Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Table 23: Vietnam Potash Fertilizer Product Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Table 24: Vietnam Potash Fertilizer Market Size by Crop Usage in Thousand Tons Nutrients, 2006, 2007 and 2010
Table 25: Vietnam Average Prices of Major Fertilizer Products in USD per tons
Table 26: Competitive Landscape of Major Players in Vietnam Fertilizer Market
Table 27: Fertilizer Capacities of Major Players in Vietnam Fertilizer Market in Tons, 2012
Table 28: Correlation Matrix for Ammonia Phosphate (N) Fertilizer Market
Table 29: Regression Coefficients Output
Table 1: Vietnam Fertilizer Market Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 2: Vietnam Fertilizer Demand and Supply of Major Fertilizer Products in Thousand Tons, 2012
Table 3: Vietnam Fertilizer Market Size Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 4: Vietnam Nitrogen Compound and Straight Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrient, 2006-2012
Table 5: Vietnam Urea Exports to Leading Eleven Countries in Tons, 2008-2012
Table 6: Vietnam Urea Exports to Leading Eleven Countries in USD, 2008-2012
Table 7: Vietnam Nitrogen Fertilizer Segmentation by Products on the Basis of Consumption in Percentage, 2006-2012
Table 8: Vietnam Nitrogen Fertilizer Product Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Table 9: Vietnam Nitrogen Fertilizer Product Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Table 10: Vietnam Nitrogen Fertilizer Market Size by Crop Usage in Thousand Tons Nutrients, 2006, 2007 and 2010
Table 11: Vietnam Phosphate Fertilizer Market Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 12: Vietnam Phosphate Compound and Straight Fertilizer Market Size on the Basis of Consumption in Thousand Tons Nutrient, 2006-2012
Table 13: Vietnam Nitrogen Fertilizer Segmentation by Products on the Basis of Consumption in Percentage in, 2006-2012
Table 14: Vietnam Phosphate Fertilizer Product Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Table 15: Vietnam Phosphate Fertilizer Product Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Table 16: Vietnam Phosphate Fertilizer Market Size by Crop Usage in Thousand Tons Nutrients, 2006, 2007 and 2010
Table 17: Vietnam Production of Main Annual Crops in Thousand Tons, 2006-2012
Table 18: Vietnam Potash Fertilizer Market Consumption, Production, Imports and Exports in Thousand Tons Nutrients, 2006-2012
Table 19: Vietnam Potash Imports from Leading Countries in Tons, 2008-2012
Table 20: Vietnam Imports of Potash from Leading Countries in USD, 2008-2012
Table 21: Vietnam Fertilizer Market Segmentation by Products on the Basis of Consumption in Percentage, 2006-2012
Table 22: Vietnam Potash Fertilizer Product Market Size on the Basis of Consumption in Thousand Tons Nutrients, 2006-2012
Table 23: Vietnam Potash Fertilizer Product Market Future Projections on the Basis of Consumption in Thousand Tons Nutrient, 2013-2017
Table 24: Vietnam Potash Fertilizer Market Size by Crop Usage in Thousand Tons Nutrients, 2006, 2007 and 2010
Table 25: Vietnam Average Prices of Major Fertilizer Products in USD per tons
Table 26: Competitive Landscape of Major Players in Vietnam Fertilizer Market
Table 27: Fertilizer Capacities of Major Players in Vietnam Fertilizer Market in Tons, 2012
Table 28: Correlation Matrix for Ammonia Phosphate (N) Fertilizer Market
Table 29: Regression Coefficients Output
