Lewes, DE -- (SBWIRE) -- 04/08/2016 -- Vietnam Fertilizer Industry in 2014 has the participation of totally 601 fertilizer production enterprises and is dominated by five largest enterprises by revenue including Phu My Fertilizer with Net Revenue of 9.548.849,80 million dong, holding 13.3% market share. Following are Petrolimex Petrochemical (9.5%), Binh Dien Fertilizer (8.9%), Petrovietnam Camau Fertilizer (8.4%) and Lam Thao Fertilizer (6.9%).

Below are key findings in Vietnam Fertilizer Report 2015 VIRAC offer with a hope of giving readers an overview insight the industry.

Fertilizer industry in Vietnam has to face with the agricultural land fragment and the growing demand in input materials including coal, gas, apatite ore. In 2014, the total area of agricultural land was 26,822.9 thousand hectares, accounting for 81.04% of the total land of the country (Detail figures for Agricultural land). Being an exporter of coal years before, Vietnam had to import coal to meet the needs of domestic production in 2014. Since 2015 it is likely that the country will lack of coal and in 2020 the production only meet 50% of demand. Apatite ore reserve was abundant and domestic gas exploitation will fully meet the demand.

Fertilizer producers ought to update regularly rules of production, trade and use of fertilizers as Government promulgated a range of Decrees, Circulars, Laws and Export policy, which contain obvious articles on facilities of production line, warehouses for raw materials and finished fertilizer products.

In global market, Urea, Potassium, Triple Super Phosphate fertilizers price witness downward trends while DAP prices has remained relatively stable after bottoming since 2014. The average price of Urea and DAP fertilizer in 2014 was about 316.13 USD per ton and 476.79 USD per ton respectively. Domestic fertilizer prices are affected by many factors including the prices of agriculture products, coal, ore, gas, the seasonal feature, the farming structures, the planning policy for the development of fertilizer industry, the import and export policies in the country of fertilizer importer and exporter (especially China) and etc..

Demand for fertilizers tended to increase consistently over years and synthetic fertilizers gradually became popular. The total demand of chemical fertilizer for agriculture production reached 10.8 million tons, higher than the figure 10.3 million tons in 2013. Particularly, NPK, Urea and Phosphate fertilizers were in tremendous demand of 4 million tons, 2.2 million tons and 1.8 million tons respectively. Agricultural practices of farmers are moving into complex fertilizers like NPK, SA, DAP and etc..

The supply of fertilizers was increasing but only met 80% of the demand. In 2014, fertilizer supply reached 8 million tons, 16% higher than that of 2013. These amount of fertilizer production, however, met just over 80% domestic demand. Until now, the domestic capacity of production reached 2.66 million tons per year in which Phu My and Ca Mau are the two highest producers.

In term of fertilizer import-export in 2014, the fertilizer import turnover decreased by 27.3% over the same period last year, however it has upward signs in the first 9 months of 2015. Vietnam still imported fertilizer from three main countries including China, Russia, Japan, Belarut and Canada. Fertilizer export of Vietnam decreased 3.6% in quantity and 10.8% in value compared to the same period in 2013. Cambodia is the largest fertilizer importer of Vietnam in recent years, followed by Korea, Malaysia, Philippines and etc..

The production technology of chemical fertilizers is diverse from backward one to the most advanced one.

Besides, operation, business, sale and payment methods are also various. Risk factors consist of material input, influences of climate change, counterfeit and low-quality products, trademark violation and policies of China.

Spanning over 104 pages "Vietnam Fertilizer Report 2015" report covers Executive Summary, Business Environment, Industry Performance, Enterprise Analysis, Appendix of Financial Statements.

For more information Visit at: http://www.marketresearchreports.com/virac/vietnam-fertilizer-report-2015

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