The research report titled “Vietnam Complex (NPK) Fertilizer Market Outlook to 2022 – NPK 16-16-8 will Continue to be Widely Used Complex Fertilizer” provides a comprehensive analysis of the complex fertilizer market in Vietnam and covers complex fertilizer market size, consumption of complex fertilizers by Region (Northern, Southern and Central), by product form (Granulated/Fused or Blended), by type (two or three nutrients), by crops (cereals, oilseeds, fruits & vegetables and others), by grade (NPK 16-16-8, NPK 20-5-5, NPK 7-7-14, NPK 12-5-10, NPK 15-15-15 and Others), company profile of major players including Binh Dien Fertilizer, Lam Thao Fertilizers and Chemicals, The Southern Fertilizer Company, Japan Vietnam Fertilizer Company, Baconco Group, Can Tho Fertilizer and Chemical, Van Dien FMP Fertilizer, Ninh Binh Phosphate Fertilizer, Five Star International Group, General Materials Biochemistry Fertilizer. The publication also includes trade scenario, trends and developments and Future analysis with estimated production and consumption projections has also been discussed along with analyst recommendations.

1. Vietnam Water Soluble NPK Sales Trends

2. The research report titled “Vietnam Complex (NPK) Fertilizer Market
Outlook to 2022 – NPK 16-16-8 will Continue to be Widely Used
Complex Fertilizer” provides a comprehensive analysis of the complex
fertilizer market in Vietnam and covers complex fertilizer market size,
consumption of complex fertilizers by Region (Northern, Southern and
Central), by product form (Granulated/Fused or Blended), by type (two or
three nutrients), by crops (cereals, oilseeds, fruits & vegetables and
others), by grade (NPK 16-16-8, NPK 20-5-5, NPK 7-7-14, NPK 12-5-10,
NPK 15-15-15 and Others), company profile of major players including
Binh Dien Fertilizer, Lam Thao Fertilizers and Chemicals, The Southern
Fertilizer Company, Japan Vietnam Fertilizer Company, Baconco Group,
Can Tho Fertilizer and Chemical, Van Dien FMP Fertilizer, Ninh Binh
Phosphate Fertilizer, Five Star International Group, General Materials
Biochemistry Fertilizer. The publication also includes trade scenario,
trends and developments and Future analysis with estimated production
and consumption projections has also been discussed along with analyst
recommendations.

3. Vietnam Complex Fertilizer Market
Agriculture is a key sector in Vietnam’s economy; more than 70% of the
country populations are farmers. Vietnam is dependent on imports for
manufacturing of complex fertilizers as it lacks potash reserves. NPK
fertilizers comprised for the largest share in overall fertilizer sector by
accounting for around ~% of the overall fertilizer demand in 2017.
Existence of a number of small scale complex fertilizer manufacturers
has resulted in diverse quality of complex fertilizers found in the
country. The average selling price of NPK is ~% higher than the selling
price of Urea. Complex fertilizer market witnessed growth at a CAGR of
~% during 2012-2017, inclining from USD ~ million in 2012 to USD ~
million in 2017. Consumption of complex fertilizers grew at a CAGR of
~% during the period 2012-2017, whereas, production grew at a CAGR
of ~% during the same period.

4. Vietnam Complex Fertilizer Market Future Outlook and Projections
Despite a balanced demand and supply equilibrium, domestic
manufacturers keep investing in NPK projects. Several new and
existing players are expected to setup new manufacturing plants or
enhance the production capacity of existing sites. For instance,
Taekwnag Co. announced its plan to build a NPK plant with production
capacity of 360,000 MT per year by the end of 2018. Consumption of
complex fertilizers in Vietnam is expected to grow at a CAGR of ~%
during the period 2017-2022. Ken Research estimates the consumption
of complex fertilizer to grow in the next five years, rising from ~ million
MT in 2018 to 4.7 million MT by 2022. Complex fertilizers market is
anticipated to be worth USD ~ million by 2022 rising from USD ~ million
in 2018. This represents growth at a CAGR of ~% during the period
2017-2022.

5. For more information on the research report, refer to below link:
https://www.kenresearch.com/agriculture-and-animal-care/crop-
protection/vietnam-npk-sales-research-report/143971-104.html
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Asia Complex (NPK) Fertilizer Market Outlook to 2022 - by Grade
(NPK 16-16-8, NPK 20-20-15, NPK 15-15-15, NPK 20-20-0 and
Others), by Region (China, India, Vietnam, Indonesia, Thailand and
Others)
China Complex (NPK) Fertilizer Market Outlook to 2022 - Expected
Replacement from Straight Chemical Fertilizers To Complex
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India Complex (NPK) Fertilizer Market Outlook to 2022 - Expected
Manufacturing Capacity Expansion by Domestic Manufacturers in
Next 5 Years
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