Vietnam Fertilizers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Vietnam Fertilizers Market is segmented by Type ( Complex, Straight ) , by Form ( Conventional, Speciality ) , by Application Mode ( Fertigation, Foliar, Soil ) and by Crop Type ( Field Crops, Horticultural Crops, Turf & Ornamental )

Vietnam Fertilizers Market Size

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Vietnam Fertilizers Market
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2016 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 3.44 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 4.20 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Crop Type Field Crops
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 3.38 %
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Crop Type Horticultural Crops

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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Vietnam Fertilizers Market Analysis

The Vietnam Fertilizers Market size is estimated at USD 3.44 billion in 2024, and is expected to reach USD 4.20 billion by 2030, growing at a CAGR of 3.38% during the forecast period (2024-2030).

  • Fastest growing segment by Product - Manganese : Manganese availability in soil decreases with rising pH and is less mobile in the plants thus affecting the young parts of the plant which requires application of fertilizer.
  • Largest Segment by Crop Type - Field Crops : Vietnam has large area under cultivation of field crops, especially rice which is spread over 7.3 million hectares of land, and where intensive cultivation is followed.
  • Fastest growing by Speciality Type - Liquid Fertilizer : The demand for liquid fertilizer in Middle East and Africa region keeps up, as the soils in the region are dry and liquid fertilizers ensure easy absorbtion by the plants
  • Largest segment by Application Mode - Soil : It is a conventional way of fertilizer application and can be applied without any equipment. This method of application improves both plant health and soil fertility.

Vietnam Fertilizers Market Trends

This section covers the major market trends shaping the Vietnam Fertilizers Market according to our research experts:

Field Crops is the largest segment by Crop Type.

  • The overall fertilizers market in the country is estimated to register a CAGR of 4.08% during the forecast period. The growing demand for Asian cuisine and healthy eating, coupled with favorable climatic conditions, are driving the segment's growth. 
  • By crop type, field crops dominated the market by 81.6%. Despite the decrease in the area under field crop cultivation, the country is witnessing strong growth in yield, which is demanding more fertilizer during the study period. 
  • Crops such as rice, peas, and soybeans are some of the major field crops cultivated in the country. In 2022, the agriculture and rural development sector set a target of 48.3 million ton of grain food production. Particularly for rice, with intensive farming to increase productivity to reach an output of 43-43.9 million ton, the market for field crops in the country is anticipated to grow during the forecast period.
  • The country held around 35,000 ha of specialized cultivation of ornamental plants and flowers, excluding small-scale household farms in 2021, which is driving the market. Geographical location, soil conditions, and climate, coupled with less land, water, and fertilizer requirement, provide high economic efficiency for farmers.
  • The free trade agreement between the European Union and Vietnam for horticultural crop export, which would go into effect in 2023, is further anticipated to boost the segment's growth during the forecast period. Hence, with the increased market attractiveness coupled with rising demand, the demand for fertilizer is anticipated to grow substantially.
Vietnam Fertilizers Market

Vietnam Fertilizers Industry Overview

The Vietnam Fertilizers Market is fragmented, with the top five companies occupying 26.21%. The major players in this market are Compo Expert GmbH, Duc Giang Chemicals Group, PetroVietnam Fertilizer and Chemical Corp., Southern Fertilizer JSC and Yara Vietnam (sorted alphabetically).

Vietnam Fertilizers Market Leaders

  1. Compo Expert GmbH

  2. Duc Giang Chemicals Group

  3. PetroVietnam Fertilizer and Chemical Corp.

  4. Southern Fertilizer JSC

  5. Yara Vietnam

*Disclaimer: Major Players sorted in no particular order

Vietnam Fertilizers Market
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Vietnam Fertilizers Market News

  • June 2022: Duc Giang Chemicals Group to invest in two projects in Dok Nong province. The total investment for Duc Giang-Dak Nong Fertilizer Factory Project is 13.16 million USD, it has 2 lakhs tons/year NPK fertilizer producing capacity. The other project is Aluminum-Dak Nong Complex Project it is expected that the mining scale will be about 14.4 million tons of bauxite ore per year.
  • April 2022: PetroVietnam Fertilizer and Chemical Corp. has launched a new product ine of Phu My NPK - microbiology. This is an inorganic fertilizer NPK containing useful microorganisms, to improve crop productivity.
  • November 2021: PetroVietnam Fertilizer and Chemical Corp. has launched two new product formula lines PHU MY 18-12-8+TE and NPK 18-10-8+8+TE. These two products offers high protein content and quickly dissolving properties.

Vietnam Fertilizers Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1. Study Assumptions & Market Definition

    2. 3.2. Scope of the Study

    3. 3.3. Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1. Acreage Of Major Crop Types

    2. 4.2. Average Nutrient Application Rates

    3. 4.3. Regulatory Framework

    4. 4.4. Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1. Type

      1. 5.1.1. Complex

      2. 5.1.2. Straight

        1. 5.1.2.1. Micronutrients

          1. 5.1.2.1.1. Boron

          2. 5.1.2.1.2. Copper

          3. 5.1.2.1.3. Iron

          4. 5.1.2.1.4. Manganese

          5. 5.1.2.1.5. Molybdenum

          6. 5.1.2.1.6. Zinc

          7. 5.1.2.1.7. Others

        2. 5.1.2.2. Nitrogenous

          1. 5.1.2.2.1. Urea

          2. 5.1.2.2.2. Others

        3. 5.1.2.3. Phosphatic

          1. 5.1.2.3.1. DAP

          2. 5.1.2.3.2. MAP

          3. 5.1.2.3.3. SSP

          4. 5.1.2.3.4. TSP

          5. 5.1.2.3.5. Others

        4. 5.1.2.4. Potassic

          1. 5.1.2.4.1. MoP

          2. 5.1.2.4.2. SoP

          3. 5.1.2.4.3. Others

        5. 5.1.2.5. Secondary Macronutrients

          1. 5.1.2.5.1. Calcium

          2. 5.1.2.5.2. Magnesium

          3. 5.1.2.5.3. Sulfur

    2. 5.2. Form

      1. 5.2.1. Conventional

      2. 5.2.2. Speciality

        1. 5.2.2.1. CRF

        2. 5.2.2.2. Liquid Fertilizer

        3. 5.2.2.3. SRF

        4. 5.2.2.4. Water Soluble

    3. 5.3. Application Mode

      1. 5.3.1. Fertigation

      2. 5.3.2. Foliar

      3. 5.3.3. Soil

    4. 5.4. Crop Type

      1. 5.4.1. Field Crops

      2. 5.4.2. Horticultural Crops

      3. 5.4.3. Turf & Ornamental

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1. Key Strategic Moves

    2. 6.2. Market Share Analysis

    3. 6.3. Company Landscape

    4. 6.4. Company Profiles

      1. 6.4.1. AGRICULTURAL PRODUCTS AND MATERIALS JSC (APROMACO)

      2. 6.4.2. Baconco

      3. 6.4.3. Binh Dien Fertilizer JSC (BFC)

      4. 6.4.4. Compo Expert GmbH

      5. 6.4.5. Duc Giang Chemicals Group

      6. 6.4.6. Haifa Group

      7. 6.4.7. Ninh Binh Phosphate Fertilizer JSC

      8. 6.4.8. PetroVietnam Fertilizer and Chemical Corp.

      9. 6.4.9. Southern Fertilizer JSC

      10. 6.4.10. Yara Vietnam

  7. 7. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS

  8. 8. APPENDIX

    1. 8.1. Global Overview

      1. 8.1.1. Overview

      2. 8.1.2. Porter's Five Forces Framework

      3. 8.1.3. Global Value Chain Analysis

      4. 8.1.4. Market Dynamics (DROs)

    2. 8.2. Sources & References

    3. 8.3. List of Tables & Figures

    4. 8.4. Primary Insights

    5. 8.5. Data Pack

    6. 8.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. VIETNAM MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 2:  
  2. VIETNAM MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 3:  
  2. VIETNAM MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 4:  
  2. VIETNAM MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 5:  
  2. VIETNAM MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 6:  
  2. VIETNAM MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 7:  
  2. VIETNAM MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 8:  
  2. VIETNAM MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 9:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 10:  
  2. VIETNAM FERTILIZERS MARKET, VALUE, USD, 2016 - 2028
  1. Figure 11:  
  2. VIETNAM FERTILIZERS MARKET, BY TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 12:  
  2. VIETNAM FERTILIZERS MARKET, BY TYPE, VALUE, USD, 2016 - 2028
  1. Figure 13:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY TYPE, 2016 - 2028
  1. Figure 14:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY TYPE, 2016 - 2028
  1. Figure 15:  
  2. VIETNAM FERTILIZERS MARKET, BY TYPE, COMPLEX, METRIC TON, 2016 - 2028
  1. Figure 16:  
  2. VIETNAM FERTILIZERS MARKET, BY TYPE, COMPLEX, USD, 2016 - 2028
  1. Figure 17:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 18:  
  2. VIETNAM FERTILIZERS MARKET, BY NUTRIENT, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 19:  
  2. VIETNAM FERTILIZERS MARKET, BY NUTRIENT, VALUE, USD, 2016 - 2028
  1. Figure 20:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY NUTRIENT, 2016 - 2028
  1. Figure 21:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY NUTRIENT, 2016 - 2028
  1. Figure 22:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 23:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VALUE, USD, 2016 - 2028
  1. Figure 24:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 25:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 26:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, BORON, METRIC TON, 2016 - 2028
  1. Figure 27:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, BORON, USD, 2016 - 2028
  1. Figure 28:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 29:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, COPPER, METRIC TON, 2016 - 2028
  1. Figure 30:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, COPPER, USD, 2016 - 2028
  1. Figure 31:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 32:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, IRON, METRIC TON, 2016 - 2028
  1. Figure 33:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, IRON, USD, 2016 - 2028
  1. Figure 34:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 35:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MANGANESE, METRIC TON, 2016 - 2028
  1. Figure 36:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MANGANESE, USD, 2016 - 2028
  1. Figure 37:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 38:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MOLYBDENUM, METRIC TON, 2016 - 2028
  1. Figure 39:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MOLYBDENUM, USD, 2016 - 2028
  1. Figure 40:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 41:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, ZINC, METRIC TON, 2016 - 2028
  1. Figure 42:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, ZINC, USD, 2016 - 2028
  1. Figure 43:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 44:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, METRIC TON, 2016 - 2028
  1. Figure 45:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, USD, 2016 - 2028
  1. Figure 46:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 47:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VOLUME, METRIC TON, 2016 - 2016
  1. Figure 48:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VALUE, USD, 2016 - 2016
  1. Figure 49:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY PRODUCT, 2016 - 2016
  1. Figure 50:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY PRODUCT, 2016 - 2016
  1. Figure 51:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, UREA, METRIC TON, 2016 - 2028
  1. Figure 52:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, UREA, USD, 2016 - 2028
  1. Figure 53:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 54:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, METRIC TON, 2016 - 2028
  1. Figure 55:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, USD, 2016 - 2028
  1. Figure 56:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 57:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 58:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VALUE, USD, 2016 - 2028
  1. Figure 59:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 60:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 61:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, DAP, METRIC TON, 2016 - 2028
  1. Figure 62:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, DAP, USD, 2016 - 2028
  1. Figure 63:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 64:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MAP, METRIC TON, 2016 - 2028
  1. Figure 65:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MAP, USD, 2016 - 2028
  1. Figure 66:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 67:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, SSP, METRIC TON, 2016 - 2028
  1. Figure 68:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, SSP, USD, 2016 - 2028
  1. Figure 69:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 70:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, TSP, METRIC TON, 2016 - 2028
  1. Figure 71:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, TSP, USD, 2016 - 2028
  1. Figure 72:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 73:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, METRIC TON, 2016 - 2028
  1. Figure 74:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, USD, 2016 - 2028
  1. Figure 75:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 76:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 77:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VALUE, USD, 2016 - 2028
  1. Figure 78:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 79:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 80:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MOP, METRIC TON, 2016 - 2028
  1. Figure 81:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MOP, USD, 2016 - 2028
  1. Figure 82:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 83:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, SOP, METRIC TON, 2016 - 2028
  1. Figure 84:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, SOP, USD, 2016 - 2028
  1. Figure 85:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 86:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, METRIC TON, 2016 - 2016
  1. Figure 87:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, OTHERS, USD, 2016 - 2016
  1. Figure 88:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2016
  1. Figure 89:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 90:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, VALUE, USD, 2016 - 2028
  1. Figure 91:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 92:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY PRODUCT, 2016 - 2028
  1. Figure 93:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, CALCIUM, METRIC TON, 2016 - 2028
  1. Figure 94:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, CALCIUM, USD, 2016 - 2028
  1. Figure 95:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 96:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MAGNESIUM, METRIC TON, 2016 - 2028
  1. Figure 97:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, MAGNESIUM, USD, 2016 - 2028
  1. Figure 98:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 99:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, SULFUR, METRIC TON, 2016 - 2028
  1. Figure 100:  
  2. VIETNAM FERTILIZERS MARKET, BY PRODUCT, SULFUR, USD, 2016 - 2028
  1. Figure 101:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 102:  
  2. VIETNAM FERTILIZERS MARKET, BY FORM, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 103:  
  2. VIETNAM FERTILIZERS MARKET, BY FORM, VALUE, USD, 2016 - 2028
  1. Figure 104:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY FORM, 2016 - 2028
  1. Figure 105:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY FORM, 2016 - 2028
  1. Figure 106:  
  2. VIETNAM FERTILIZERS MARKET, BY FORM, CONVENTIONAL, METRIC TON, 2016 - 2028
  1. Figure 107:  
  2. VIETNAM FERTILIZERS MARKET, BY FORM, CONVENTIONAL, USD, 2016 - 2028
  1. Figure 108:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 109:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 110:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, VALUE, USD, 2016 - 2028
  1. Figure 111:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 112:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 113:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, CRF, METRIC TON, 2016 - 2028
  1. Figure 114:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, CRF, USD, 2016 - 2028
  1. Figure 115:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 116:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, LIQUID FERTILIZER, METRIC TON, 2016 - 2028
  1. Figure 117:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, LIQUID FERTILIZER, USD, 2016 - 2028
  1. Figure 118:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 119:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, SRF, METRIC TON, 2016 - 2028
  1. Figure 120:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, SRF, USD, 2016 - 2028
  1. Figure 121:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 122:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, WATER SOLUBLE, METRIC TON, 2016 - 2028
  1. Figure 123:  
  2. VIETNAM FERTILIZERS MARKET, BY SPECIALITY TYPE, WATER SOLUBLE, USD, 2016 - 2028
  1. Figure 124:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 125:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 126:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, VALUE, USD, 2016 - 2028
  1. Figure 127:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY APPLICATION MODE, 2016 - 2028
  1. Figure 128:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY APPLICATION MODE, 2016 - 2028
  1. Figure 129:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, FERTIGATION, METRIC TON, 2016 - 2028
  1. Figure 130:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, FERTIGATION, USD, 2016 - 2028
  1. Figure 131:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 132:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, FOLIAR, METRIC TON, 2016 - 2028
  1. Figure 133:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, FOLIAR, USD, 2016 - 2028
  1. Figure 134:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 135:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, SOIL, METRIC TON, 2016 - 2028
  1. Figure 136:  
  2. VIETNAM FERTILIZERS MARKET, BY APPLICATION MODE, SOIL, USD, 2016 - 2028
  1. Figure 137:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 138:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 139:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, VALUE, USD, 2016 - 2028
  1. Figure 140:  
  2. VIETNAM FERTILIZERS MARKET, VOLUME SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 141:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 142:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, FIELD CROPS, METRIC TON, 2016 - 2028
  1. Figure 143:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, FIELD CROPS, USD, 2016 - 2028
  1. Figure 144:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY TYPE, 2016 - 2028
  1. Figure 145:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, HORTICULTURAL CROPS, METRIC TON, 2016 - 2028
  1. Figure 146:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, HORTICULTURAL CROPS, USD, 2016 - 2028
  1. Figure 147:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY TYPE, 2016 - 2028
  1. Figure 148:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, TURF & ORNAMENTAL, METRIC TON, 2016 - 2028
  1. Figure 149:  
  2. VIETNAM FERTILIZERS MARKET, BY CROP TYPE, TURF & ORNAMENTAL, USD, 2016 - 2028
  1. Figure 150:  
  2. VIETNAM FERTILIZERS MARKET, VALUE SHARE(%), BY TYPE, 2016 - 2028
  1. Figure 151:  
  2. VIETNAM FERTILIZERS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 152:  
  2. VIETNAM FERTILIZERS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 153:  
  2. VIETNAM FERTILIZERS MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Vietnam Fertilizers Industry Segmentation

Complex, Straight are covered as segments by Type. Conventional, Speciality are covered as segments by Form. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.
Type
Complex
Straight
Micronutrients
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Nitrogenous
Urea
Others
Phosphatic
DAP
MAP
SSP
TSP
Others
Potassic
MoP
SoP
Others
Secondary Macronutrients
Calcium
Magnesium
Sulfur
Form
Conventional
Speciality
CRF
Liquid Fertilizer
SRF
Water Soluble
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
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Market Definition

  • AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
  • CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, Fiber Crops, and Forage Crops, Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
  • MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
  • NUTRIENT TYPES COVERED - Primary Nutrients: N, P and K, Secondary Macronutrients: Ca, Mg and S, Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Vietnam Fertilizers Market Research FAQs

The Vietnam Fertilizers Market size is expected to reach USD 3.44 billion in 2024 and grow at a CAGR of 3.38% to reach USD 4.20 billion by 2030.

In 2024, the Vietnam Fertilizers Market size is expected to reach USD 3.44 billion.

Compo Expert GmbH, Duc Giang Chemicals Group, PetroVietnam Fertilizer and Chemical Corp., Southern Fertilizer JSC and Yara Vietnam are the major companies operating in the Vietnam Fertilizers Market.

In the Vietnam Fertilizers Market, the Field Crops segment accounts for the largest share by crop type.

In 2024, the Horticultural Crops segment accounts for the fastest growing by crop type in the Vietnam Fertilizers Market.

In 2023, the Vietnam Fertilizers Market size was estimated at USD 3.24 billion. The report covers the Vietnam Fertilizers Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vietnam Fertilizers Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Vietnam Fertilizers Industry Report

Statistics for the 2024 Vietnam Fertilizers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Vietnam Fertilizers analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Vietnam Fertilizers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030