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Vietnam Fertilizer Market by Type (Organic and Inorganic), Form (Dry and Liquid), Application/Crop Type (Crop-Based and Non–Crop-Based), and Nutrient Content (Organic and Inorganic): Opportunity Analysis and Industry Forecast, 2020-2027

A06727
Pages: 198
Aug 2020 | 2003 Views
 
Author(s) : Krunal Yeware, Amit Narune , Eswara Prasad
Tables: 90
Charts: 71
 

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Vietnam Fertilizer Market Outlook - 2027

The Vietnam fertilizer market was valued at $4.5 billion in 2019, and is projected to reach $5.7 billion by 2027, growing at a CAGR of 3.8% from 2020 to 2027. 

Fertilizers are used in farming to enhance the crop yield. The fertilizers contain the vital nutrients required by the plants, such as potassium, nitrogen, and phosphorus. They improve the water retention capacity of the soil and also enhance its fertility.

Vietnam-Fertilizer-Market-2020-2027

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The factors contributing toward the growth of the Vietnam fertilizer market include farmers increased focus toward agricultural expansion in terms of productivity and huge consumer base, agriculture being one of the main contributors to Vietnam’s Economy. However, the climate change is one of the factors hindering the market growth. For example, the sea water enters some of the areas, which affect the farming activities; there by, decreasing the farmer’s income. Farmers being the end user of the fertilizer, this decrease in the farmer’s income is expected to hinder the demand for fertilizers. On the contrary, rise in trend of agriculture drives the demand for organic fertilizers, which is anticipated to create lucrative opportunities for the market during the coming years. 

The Vietnam fertilizer market is segmented on the basis of type, form, application/crop type, nutrient content, and region. By type, the market is divided into organic and inorganic. Based on form, the market is bifurcated into fry and liquid. On the basis of application/crop type, it is divided into crop-based and non–crop-based. On the basis of nutrient content, the market is studied across organic and inorganic. Region wise, the market is analyzed across Northern Vietnam, Central Vietnam, and Southern Vietnam. The Vietnam fertilizer market share is analyzed across all segments and region.

The Vietnam fertilizer market analysis covers in-depth information of the major industry participants. Some of the major players in the market include Agricultural Products and Materials Joint Stock Company, Baconco, DUC Giang Chemicals Group, General Materials and Biochemical Fertilizer Joint Stock Company, Japan Vietnam Fertilizer Company (JVF), SongGianhCorporation. (SongGianh), Vietnam National Chemical Group (Vinachem), Vedan Vietnam Enterprise Corp.,Ltd, Vietnam Oil and Gas Group (PetroVietnam or PVN), and Yara Vietnam.

Other players in the value chain of the Vietnam fertilizer market include Five Star International Group, Que Lam Group, Ha Bac Nitrogen Fertilizers and Chemical Company, and others.

The key players are adopting numerous strategies such as product launch, business expansion, acquisition, partnership, collaboration, and agreement to stay competitive in the Vietnam fertilizer market.

For instance, Baconco Co., Ltd. launched new organic fertilizers named ANIMA and ORGANICONCO. ORGANICONCO organic fertilizer is extracted from Chicken, made in France and ANIMA organic fertilizer is extracted from salmon, made in Norway. This organic fertilizer is limiting stimulating active microorganisms to increase soil porosity, offer nutrients in an organic form, and others. This product launch has reinforced company’s product portfolio.

Vietnam Fertilizer Market
By Type

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Organic is projected as the most lucrative segment.

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Vietnam Fertilizer Market, by Type

By type, the organic segment is expected to grow at the fastest growth rate during the forecast period. This is attributed to rise in demand for organic fertilizer from farmers as it is environmentally friendly and does not hamper soil characteristics and provide adequate nutrient. 

Vietnam Fertilizer Market
By Form

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Liquid is projected as the most lucrative segment.

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Vietnam Fertilizer Market, by Form

By application, the liquid segment is anticipated to grow at a fastest growth rate during the projection period. It is expected to grow at a growth rate of 4.8% during the forecast period, in terms of volume. This is attributed to its characteristics such as ease of blending, ease in handling, and others. 

Vietnam Fertilizer Market
By Application

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Crop-Based is projected as the most lucrative segment.

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Vietnam Fertilizer Market, by Application/Crop Type

By application/crop type, the crop based garnered highest market share in 2019, in terms of volume and revenue. The market for fertilizers in crop-based applications will continue to grow at steady pace, owing to factors such as growing population, pressure on arable lands to grow more produce, and cost-effectiveness

Vietnam Fertilizer Market
By Nutrient Content

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Inorganic is projected as the most lucrative segment.

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Vietnam Fertilizer Market, by Region

Region wise, Central Vietnam is the fastest growing region in terms of volume as well as revenue, and Southern Vietnam garnered highest market share in 2019 in terms of volume as well as revenue. Southern Vietnam has ideal weather condition for agriculture activities as compared to other regions in Vietnam.

Vietnam Fertilizer Market
By Region

2027
Southern Vietnam 
Northern Vietnam
Central Vietnam

Southern Vietnam holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Key Benefits For Stakeholders

  • The Vietnam fertilizer market is studied from 2019 to 2027.
  • The report provides an in-depth analysis of the market along with the current and future market trends.
  • This report highlights the key drivers, opportunities, and restraints of the Vietnam fertilizer market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • A comprehensive analysis of the factors that drive and restrain the market growth is provided.
  • The qualitative data in this report aims on market dynamics, market trends, and developments.
  • The Vietnam fertilizer market size is provided in terms of volume and revenue.

Impact Of Covid-19 On The Vietnam Fertilizer market

  • The outbreak of COVID-19 has affected the demand as well as the manufacturing or supply regions.
  • The COVID-19 crisis has affected the chemical industry supply chain to a major extent; thus, having a major impact on raw material procurement.
  • The above factors have impacted the growth of the Vietnam fertilizer market.

Key Market Segments

By Type

  • Organic
    • Pure Organic Fertilizers
    • Microbiological Fertilizers
    • Bio Organic Fertilizers
    • Mineral Organic Fertilizers
  • Inorganic
    • Nitrogen
    • Phosphorous
    • Potassium
    • NPK

By Form

  • Organic
  • Inorganic

By Application (Crop Type)

  • Crop-Based
    • Cereals &Grains
    • Pulses &Oilseeds
    • Fruits &Vegetables
  • Non–Crop-Based
    • Turf &Ornamentals
    • Others

By Nutrient Content

  • Organic
    • Presence of Organic Substances is More Than 60%
    • Presence of Organic Substances from 40% to 60%
    • Presence of Organic Substances is from 20% to 40%
  • Inorganic
    • Presence of Inorganic Substances up to 60%
    • Presence of Inorganic Substances from 40% to 60%
    • Presence of Inorganic Substance from 20% to 40%
    • Others

By Region

  • Northern Vietnam
  • Central Vietnam
  • Southern Vietnam
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.Key findings

2.2.1.Top investment pockets
2.2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the Vietnam fertilizer market

3.2.1.Bargaining power of the supplier
3.2.2.Bargaining power of the buyer
3.2.3.Threat of substitutes
3.2.4.Threat of new entrant
3.2.5.Competitive rivalry

3.3.Market Dynamics

3.3.1.Drivers

3.3.1.1.Farmers’ increased focus toward agricultural expansion in terms of productivity
3.3.1.2.Agriculture being one of the main contributors to Vietnam’s Economy

3.3.2.Restraint

3.3.2.1.Climatic challenges affecting farming activities

3.3.3.Opportunity

3.3.3.1.Rise in demand for organic fertilizers

3.4.Value chain
3.5.Impact of key regulation on the market
3.6.Trade analysis (Export Vs Import), 2018-2019

3.6.1.Import and export of organic fertilizers (2015-2019) (Tons)
3.6.2.Import and export of inorganic fertilizers (2015-2019)(Tons)
3.6.3.Trade forecast of fertilizers (2020-2025)

3.7.Impact of COVID-19 outbreak on the market
3.8.SWOT analysis
3.9.Pestel analysis
3.10.Comparative analysis of organic to inorganic fertilizer in asian and vietnam (In terms of Consumption)
3.11.Production of fertilizer by domestic players
3.12.Modern organic fertilizer manufacturing technology analysis
3.13.Growth analysis (Organic Fertilizer Vs Inorganic Fertilizer) (Million Tons)

CHAPTER 4:VIETNAM FERTILIZERMARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast64

4.2.Organic

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market size and forecast, by Organic Type
4.2.4.Pure organic fertilizers
4.2.5.Microbiological fertilizers

4.2.5.1.Market Size and Forecast, by sub type
4.2.5.2.Azotobacter
4.2.5.3.Rhizobium
4.2.5.4.Cyanobacteria
4.2.5.5.Azospirillium
4.2.5.6.Others

4.2.6.Bio organic fertilizers
4.2.7.Mineral organic fertilizers

4.3.Inorganic

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market size and forecast, Inorganic Type
4.3.4.Nitrogen fertilizers
4.3.5.Phosphorous fertilizers
4.3.6.Potassium fertilizers
4.3.7.NPK fertilizers

CHAPTER 5:VIETNAM FERTILIZER MARKET, BY FORM

5.1.Overview

5.1.1.Market size and forecast

5.2.Dry

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.3.Liquid

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region

CHAPTER 6:VIETNAM FERTILIZERMARKET, BY APPLICATION (CROP TYPE)

6.1.Overview

6.1.1.Market size and forecast

6.2.Crop-based111

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast
6.2.3.Market size and forecast, By Type
6.2.4.Cereals &Grains
6.2.5.Pulses &Oilseeds
6.2.6.Fruits and Vegetables

6.3.Non-crop–based

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast
6.3.3.Market Size and Forecast, By Type
6.3.4.Turf and Ornamentals
6.3.5.Others

CHAPTER 7:VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT

7.1.Overview130

7.1.1.Market size and forecast

7.2.Organic

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast
7.2.3.Market size and forecast, by organic nutrient content
7.2.4.Presence of Organic Substances is More than 60%
7.2.5.Presence of Organic Substances from 40% to 60%
7.2.6.Presence of Organic Substances from 20% of 40%

7.3.Inorganic

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast
7.3.3.Market size and forecast, By Inorganic nutrient content
7.3.4.Presence of Inorganic Substances is Up To 60%
7.3.5.Presence of Inorganic Substances from 40% to 60%
7.3.6.Presence of Inorganic Substances from 20% to 40%
7.3.7.Others

CHAPTER 8:VIETNAM FERTILIZER MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast, by region155

8.2.Northern Vietnam

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by type
8.2.3.Market size and forecast, by form
8.2.4.Market size and forecast, by application
8.2.5.Market size and forecast, by nutrient content

8.3.Central Vietnam

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by type
8.3.3.Market size and forecast, by form
8.3.4.Market size and forecast, by application
8.3.5.Market size and forecast, by nutrient content

8.4.Southern Vietnam

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by type
8.4.3.Market size and forecast, by form
8.4.4.Market size and forecast, by application
8.4.5.Market size and forecast, by nutrient content

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Introduction

9.1.1.Market player positioning, 2019

9.2.Product mapping of top 10 player
9.3.Key developments

9.3.1.Product Launch

CHAPTER 10:COMPANY PROFILES

10.1.Agricultural Products and Materials Joint Stock Company (APROMACO)

10.1.1.Company overview
10.1.2.Company snapshot
10.1.3.Product portfolio

10.2.Baconco

10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Product portfolio
10.2.4.Key strategic moves and developments

10.3.Duc Giang Chemicals Group

10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Operating business segments
10.3.4.Product portfolio

10.4.General Materials and Biochemical Fertilizer Joint Stock Company

10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Product portfolio

10.5.Japan Vietnam Fertilizer Company (JVF)

10.5.1.Company overview
10.5.2.Company snapshot
10.5.3.Product portfolio

10.6.SongGianh Corporation

10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Product portfolio

10.7.Vietnam National Chemical Group

10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Product and Services
10.7.4.Fertilizer product portfolio

10.8.Vedan Vietnam Enterprise Corp.,Ltd.

10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Product portfolio

10.9.Vietnam Oil and Gas Group

10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Operating business segments
10.9.4.Product portfolio
10.9.5.Business performance

10.9.5.1.(PetroVietnam Fertilizer and Chemicals Joint Stock Corporation (PVFCCo)
10.9.5.2.PetroVietnamCamau Fertilizer Joint Stock Company (PVCFC)

10.10.Yara Vietnam

10.10.1. Company overview
10.10.2. Company snapshot
10.10.3. Product portfolio

LIST OF TABLES

TABLE 01.TRADE FORECAST OF FERTILIZERS (2020-2025 (TONS)
TABLE 02.VEITNAM FERTILIZER MARKET: SWOT ANALYSIS
TABLE 03.VEITNAM FERTILIZER MARKET: PRODUCTION OF FERTILIZER BY DOMESTIC PLAYERS
TABLE 04.VIETNAM FERTILIZER, BY TYPE, 2019–2027 (KILOTON)
TABLE 05.VIETNAM FERTILIZER MARKET, BY TYPE, 2019–2027($MILLION)
TABLE 06.VIETNAM ORGANIC FERTILIZER MARKET, BY REGION, 2019-2027 (KILOTON)
TABLE 07.VIETNAM ORGANIC FERTILIZERMARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 08.VIETNAM MICROBIOLOGICAL FERTILIZERMARKET, BY SUB TYPE, 2019-2027 (KILOTON)
TABLE 09.VIETNAM MICROBIOLOGICAL FERTILIZERMARKET, BY SUB TYPE, 2019-2027 ($MILLION)
TABLE 10.VIETNAM INORGANIC FERTILIZERMARKET, BY REGION, 2019-2027 (KILOTON)
TABLE 11.VIETNAM INORGANIC FERTILIZERMARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 12.VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027 (KILOTONS)
TABLE 13.VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027($MILLION)
TABLE 14.VIETNAM FERTILIZER MARKET, FOR DRY FORM, BY REGION, 2019-2027 (KILOTONS)
TABLE 15.VIETNAM FERTILIZER MARKET, FOR DRY FORM, BY REGION, 2019-2027, ($MILLION)
TABLE 16.VIETNAM FERTILIZER MARKET, FOR LIQUID FORM, BY REGION, 2019-2027 (KILOTONS)
TABLE 17.VIETNAM FERTILIZER MARKET, FOR LIQUID FORM, BY REGION, 2019-2027, ($MILLION)
TABLE 18.VIETNAM FERTILIZER MARKET, BY APPLICATION (CROP TYPE), 2019–2027 (KILOTONS)
TABLE 19.VIETNAM FERTILIZER MARKET, BY APPLICATION (CROP TYPE), 2019–2027($MILLION)
TABLE 20.VIETNAM FERTILIZERMARKET, BY REGION, 2019-2027 (KILOTONS)
TABLE 21.VIETNAM FERTILIZERMARKET, BY APPLICATION (CROP TYPE), 2019-2027 ($MILLION)
TABLE 22.VIETNAM FERTILIZER MARKET, BY CROP TYPE, 2019-2027 (KILOTONS)
TABLE 23.VIETNAM FERTILIZER MARKET, BY CROP TYPE 2019-2027 ($MILLION)
TABLE 24.VIETNAM FERTILIZERMARKET, BY REGION, 2019-2027 (KILOTONS)
TABLE 25.VIETNAM FERTILIZERMARKET, BY APPLICATION (CROP TYPE), 2019-2027 ($MILLION)
TABLE 26.VIETNAM FERTILIZER MARKET, BY NON-CROP TYPE, 2019-2027 (KILOTONS)
TABLE 27.VIETNAM FERTILIZER MARKET, BY NON-CROP TYPE 2019-2027 ($MILLION)
TABLE 28.VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019–2027 (KILOTONS)
TABLE 29.VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019–2027($MILLION)
TABLE 30.VIETNAM FERTILIZERMARKET, BY REGION, 2019-2027 (KILOTONS)
TABLE 31.VIETNAM FERTILIZERMARKET, BY NUTRIENT CONTENT, 2019-2027 ($MILLION)
TABLE 32.VIETNAM FERTILIZER MARKET, BY ORGANIC NUTRENT CONTENT, 2019-2027 (KILOTONS)
TABLE 33.VIETNAM FERTILIZER MARKET, BY ORGANIC NUTRENT CONTENT, 2019-2027 ($MILLION)
TABLE 34.VIETNAM INORGANIC FERTILIZER MARKET, BY REGION, 2019-2027 (KILOTONS)
TABLE 35.VIETNAM INORGANIC FERTILIZERMARKET, BY NUTRIENT CONTENT, 2019-2027 ($MILLION)
TABLE 36.VIETNAM FERTILIZER MARKET, BY INORGANIC NUTRENT CONTENT, 2019-2027 (KILOTONS)
TABLE 37.VIETNAM FERTILIZER MARKET, BY INORGANIC NUTRENT CONTENT, 2019-2027 ($MILLION)
TABLE 38.VIETNAM FERTILIZER MARKET, BY REGION, 2019-2027 (KILOTONS)
TABLE 39.VIETNAM FERTILIZER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 40.NORTHERN VIETNAM FERTILIZER MARKET, BY TYPE, 2019–2027 (KILOTONS)
TABLE 41.NORTHERN VIETNAM FERTILIZER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 42.NORTHERN VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027(KILOTONS)
TABLE 43.NORTHERN VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027 ($MILLION)
TABLE 44.NORTHERN VIETNAM FERTILIZER MARKET, BY APPLICATION, 2019–2027(KILOTONS)
TABLE 45.NORTHERN VIETNAM FERTILIZER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 46.NORTHERN VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019–2027 (KILOTONS)
TABLE 47.NORTHERN VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019-2027 ($MILLION)
TABLE 48.CENTRAL VIETNAM FERTILIZER MARKET, BY TYPE, 2019–2027 (KILOTONS)
TABLE 49.CENTRAL VIETNAM FERTILIZER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 50.CENTRAL VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027(KILOTONS)
TABLE 51.CENTRAL VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027 ($MILLION)
TABLE 52.CENTRAL VIETNAM FERTILIZER MARKET, BY APPLICATION, 2019–2027(KILOTONS)
TABLE 53.CENTRAL VIETNAM FERTILIZER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 54.CENTRAL VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019–2027 (KILOTONS)
TABLE 55.CENTRAL VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019-2027 ($MILLION)
TABLE 56.SOUTHERN VIETNAM FERTILIZER MARKET, BY TYPE, 2019–2027 (KILOTONS)
TABLE 57.SOUTHERN VIETNAM FERTILIZER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 58.SOUTHERN VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027(KILOTONS)
TABLE 59.SOUTHERN VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027 ($MILLION)
TABLE 60.SOUTHERN VIETNAM FERTILIZER MARKET, BY APPLICATION, 2019–2027(KILOTONS)
TABLE 61.SOUTHERN VIETNAM FERTILIZER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 62.SOUTHERN VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019–2027 (KILOTONS)
TABLE 63.SOUTHERN VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019-2027 ($MILLION)
TABLE 64.PRODUCT LAUNCH (2017-2019)
TABLE 65.APROMACO: COMPANY SNAPSHOT
TABLE 66.APROMACO: PRODUCT PORTFOLIO
TABLE 67.BACONCO: COMPANY SNAPSHOT
TABLE 68.BACONCO: PRODUCT PORTFOLIO
TABLE 69.BACONCO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 70.DGC: COMPANY SNAPSHOT
TABLE 71.DGC: OPERATING SEGMENTS
TABLE 72.DGC: PRODUCT PORTFOLIO
TABLE 73.GENERAL MATERIALS AND BIOCHEMICAL FERTILIZER JSC: COMPANY SNAPSHOT
TABLE 74.GENERAL MATERIALS AND BIOCHEMICAL FERTILIZER JSC: PRODUCT PORTFOLIO
TABLE 75.JVF: COMPANY SNAPSHOT
TABLE 76.JVF: PRODUCT PORTFOLIO
TABLE 77.SONGGIANH: COMPANY SNAPSHOT
TABLE 78.SONGGIANH: PRODUCT PORTFOLIO
TABLE 79.VINACHEM: COMPANY SNAPSHOT
TABLE 80.VINACHEM: PRODUCTS AND SERVICES
TABLE 81.VINACHEM: PRODUCT PORTFOLIO
TABLE 82.VEDAN VIETNAM ENTERPRISE: COMPANY SNAPSHOT
TABLE 83.VEDAN VIETNAM ENTERPRISE: PRODUCT PORTFOLIO
TABLE 84.PETROVIETNAM: COMPANY SNAPSHOT
TABLE 85.PETROVIETNAM: OPERATING SEGMENTS
TABLE 86.PETROVIETNAM: PRODUCT PORTFOLIO
TABLE 87.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 88.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 89.YARA: COMPANY SNAPSHOT
TABLE 90.YARA: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.TOP INVESTMENT POCKETS, BY REGION
FIGURE 03.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 04.HIGH BARGAINING POWER OF BUYERS
FIGURE 05.LOW THREAT OF SUBSTITUTES
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE INTENSITY OF RIVALRY
FIGURE 08.GLOBAL VIETNAM FERTILIZER MARKET DYNAMICS
FIGURE 09.VIETNAM FERTILIZER MARKET: VALUE CHAIN
FIGURE 10.ASIA ORGANIC FERTILILER VS INORGANIC GROWTH ANALYSIS
FIGURE 11.INORGANIC FERTILIZER COMPARATIVE GROWTH ANALYSIS ASIA VS VIETNAM
FIGURE 12.ORGANIC FERTILIZER COMPARATIVE GROWTH ANALYSIS ASIA VS VIETNAM
FIGURE 13.VIETNAM ORGANIC FERTILILER VS INORGANIC GROWTH ANALYSIS
FIGURE 14.VIETNAM FERTILIZERMARKET, BY TYPE, 2019–2027 ($MILLION)
FIGURE 15.VIETNAM PURE ORGANIC FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 16.VIETNAM PURE ORGANIC FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 17.MICRO BIOLOGICAL FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 18.MICROBIOLOGICAL FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 19.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR AZOTOBACTER, 
BY VOLUME (KILOTON)
FIGURE 20.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR AZOTOBACTER, 
BY REVENUE ($MILLION)
FIGURE 21.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR RHIZOBIUM, BY VOLUME (KILOTON)
FIGURE 22.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR RHIZOBIUM, BY REVENUE ($MILLION)
FIGURE 23.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR CYANOBACTERIA, 
BY VOLUME (KILOTON)
FIGURE 24.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR CYANOBACTERIA, 
BY REVENUE ($MILLION)
FIGURE 25.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR AZOSPIRILLIUM, 
BY VOLUME (KILOTON)
FIGURE 26.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR AZOSPIRILLIUM, 
BY REVENUE ($MILLION)
FIGURE 27.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR OTHERS, BY VOLUME (KILOTON)
FIGURE 28.VIETNAM MICROBIOLOGICAL FERTILIZERS MARKET SIZE AND FORECAST FOR OTHERS, BY REVENUE ($MILLION)
FIGURE 29.VIETNAM BIO ORGANIC FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 30.VIETNAM BIO ORGANIC FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 31.VIETNAM MINERAL ORGANIC FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 32.VIETNAM MINERAL ORGANIC FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 33.VIETNAM NITROGEN FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 34.VIETNAM NITROGEN FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 35.VIETNAM PHOSPHOROUS FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 36.VIETNAM PHOSPHOROUS FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 37.VIETNAM POTASSIUM FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 38.VIETNAM POTASSIUM FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 39.VIETNAM NPK FERTILIZER MARKET SIZE AND FORECAST, BY VOLUME (KILOTON)
FIGURE 40.VIETNAM NPK FERTILIZER MARKET SIZE AND FORECAST, BY REVENUE ($MILLION)
FIGURE 41.VIETNAM FERTILIZER MARKET, BY FORM, 2019–2027 ($MILLION)
FIGURE 42.VIETNAM FERTILIZERMARKET, BY APPLICATION (CROP TYPE), 2019–2027 ($MILLION)
FIGURE 43.VIETNAM FERTILIZER MARKET SIZE AND FORECAST FOR CEREALS AND GRAINS, 
BY VOLUME (KILOTONS)
FIGURE 44.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR CEREALS AND GRAINS, 
BY REVENUE ($MILLION)
FIGURE 45.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PULSES AND OILSEEDS, 
BY VOLUME (KILOTONS)
FIGURE 46.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PULSES AND OILSEEDS, 
BY REVENUE ($MILLION)
FIGURE 47.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR FRUITS AND VEGETABLES, 
BY VOLUME (KILOTONS)
FIGURE 48.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR FRUITS AND VEGETABLES, 
BY REVENUE ($MILLION)
FIGURE 49.VIETNAM FERTILIZER MARKET SIZE AND FORECAST FOR TURF AND ORNAMENTALS, 
BY VOLUME (KILOTONS)
FIGURE 50.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR TURF AND ORNAMENTALS, BY REVENUE ($MILLION)
FIGURE 51.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR OTHERS, BY VOLUME (KILOTONS)
FIGURE 52.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR OTHERS, BY REVENUE ($MILLION)
FIGURE 53.VIETNAM FERTILIZER MARKET, BY NUTRIENT CONTENT, 2019–2027 ($MILLION)
FIGURE 54.VIETNAM FERTILIZER MARKET SIZE AND FORECAST FOR PRESENCE OF ORGANIC SUBSTANCES IS MORE THAN 60%, BY VOLUME (KILOTONS)
FIGURE 55.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF ORGANIC SUBSTANCES MORE 
THAN 60%, BY REVENUE ($MILLION)
FIGURE 56.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF ORGANIC SUBSTANCES 
FROM 40% TO 60%, BY VOLUME (KILOTONS)
FIGURE 57.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF ORGANIC SUBSTANCES 
FROM 40% TO 60%, BY REVENUE ($MILLION)
FIGURE 58.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF ORGANIC SUBSTANCES 
FROM 20% OF 40%, BY VOLUME (KILOTONS)
FIGURE 59.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF ORGANIC SUBSTANCES 
FROM 20% OF 40%, BY REVENUE ($MILLION)
FIGURE 60.VIETNAM FERTILIZER MARKET SIZE AND FORECAST FOR PRESENCE OF INORGANIC SUBSTANCES 
IS UP TO 60%, BY VOLUME (KILOTONS)
FIGURE 61.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF INORGANIC SUBSTANCES 
UP TO 60%, BY REVENUE ($MILLION)
FIGURE 62.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF INORGANIC SUBSTANCES 
FROM 40% TO 60%, BY VOLUME (KILOTONS)
FIGURE 63.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF INORGANIC SUBSTANCES 
FROM 40% TO 60%, BY REVENUE ($MILLION)
FIGURE 64.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF INORGANIC SUBSTANCES 
FROM 20% TO 40%, BY VOLUME (KILOTONS)
FIGURE 65.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR PRESENCE OF INORGANIC SUBSTANCES 
FROM 20% TO 40%, BY REVENUE ($MILLION)
FIGURE 66.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR OTHERS, BY VOLUME (KILOTONS)
FIGURE 67.VIETNAM FERTILIZER MARKET SIZE AND FORECAST, FOR OTHERS, BY REVENUE ($MILLION)
FIGURE 68.MARKET PLAYER POSITIONING, 2019
FIGURE 69.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 70.PVFCCO: REVENUE, 2017–2019($MILLION)
FIGURE 71.PVCFC: REVENUE, 2016–2017 ($MILLION)

 
 

According to the perspectives of the CXOs of leading companies in the market, the prices of the domestic fertilizers were affected due to the prices of global fertilizes, as the local fertilizer products are direct competitors against imported products from neighboring countries. This made domestic fertilizer players to sell its products at a competitive price to maintain the market share. In addition, rise in industrialization and urbanization has increased the focus on land management, owing to which future agricultural expansion in Vietnam involves only one option, that is, increased productivity. This is expected to increase the demand for fertilizers in the coming years. However, the farmers are facing challenges such as low farm product prices, climate change, and others. These factors are affecting farmer’s income which is resulting in decreased fertilizer demand. 

 
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A. Vietnam is agriculture economy which is the major factor for Vietnam fertilizer market growth.

A. By 2027 it expected to reach $5.7 billion.

A. Vietnam National Chemical Group (Vinachem), and Vietnam Oil and Gas Group (PetroVietnam or PVN) are some of the top companies in the Vietnam fertilizer industry.

A. The rise in demand for organic fertilizer and government’s support for consumption and development of organic fertilizer domestically is expected to create lucrative opportunities during the forecast period in Vietnam fertilizer market.

A. Organic farming is the key trends boosting the adoption of organic fertilizer in Vietnam.

A. Non - Crop based application is expected to drive the adoption of fertilizer in Vietnam

A. The primary export markets were badly impacted by COVID-19 outbreak which hindered the exports of fruits and vegetables which disturbed the income of farmers. The income of farmers hindered the demand for fertilizer.

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