Strategies adopted by key players to increase their market share

DUBLIN, August 12, 2022 /PRNewswire/ — The “Research report on from vietnam Fertilizer Market, 2022-2031″ report has been added to ResearchAndMarkets.com’s offer.

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Agriculture plays an important role in from vietnam economic, the agricultural population representing more than 50% of the total population, and the arable and forest lands representing 60% of the total area of ​​the country.

According to the analyst’s analysis, Vietnam has a low concentration in the fertilizer market, with local companies accounting for around 70% of the market share. Based on the overall turnover of from vietnam fertilizer market in 2020, the top five companies accounted for about 28% of the market. The main fertilizer producers in the Vietnam are adopting various strategies such as expansion and partnerships to increase their market share.

The main varieties of fertilizers exported from Vietnam are ammonium sulfate, diamine phosphate, NPK, etc. The Philippines, Malaysia, Thailand, Laos, South Koreaetc are the main export markets for from vietnam fertilizers.

At the same time, each year Vietnam imports more than one million tons of fertilizers, of which ammonium sulphate is the most imported. Currently, China is the largest fertilizer supplier in Vietnamaccounting for nearly 50% of the country’s imports.

According to the analyst’s analysis, despite the impact of COVID-19 on from vietnam economy, from vietnam the fertilizer industry continued to show growth in 2020. Despite supply chain and logistics disruptions, from vietnam fertilizer exports and imports are still on the rise. In particular, fertilizer imports reached 3.64 million tons, up 7.2% year-on-year. from vietnam fertilizer exports also increased by 38% in 2020 compared to 2019. In 2021, Vietnam exported 1.35 million tons of fertilizer and imported 3.07 million tons of fertilizer.

Although the demand for fertilizer in Vietnam in 2020 was affected by extreme weather conditions, overall the business situation was good, with leading companies showing significant growth in their business performance. The most popular distribution channels in the country include distribution system, regional company system and authoritative purchases.

Fertilizer price in from vietnam The market showed a fluctuating trend in 2020, increasing in the second half. Fertilizer prices have continued to rise in 2021 as demand increases and supply decreases.

According to the analysis, the positive outlook for agriculture is the driving factor for the growth of fertilizer consumption in the country in 2022. The good weather and the high prices of agricultural products in Vietnam in 2022 will provide good conditions for farmers to increase planting for higher productivity, which will increase the demand for fertilizer.

Answers to key questions:

  • What are the main drivers, challenges and opportunities for the Vietnam the fertilizer industry during the period 2022-2031?

  • What is the expected income from from vietnam fertilizer market in 2022-2031?

  • What are the strategies adopted by the major market players to increase their market share in the industry?

  • Which segment of from vietnam Fertilizer Market is Expected to Dominate the Market in 2031?

  • What are the major adverse factors facing the fertilizer industry in Vietnam?

Main topics covered:

1 Overview of Vietnam
1.1 Geographical location
1.2 Demographic structure of Vietnam
1.3 from vietnam Economy
1.4 Minimum wage in Vietnam2011-2021
1.5 Impact of COVID-19 on from vietnam Fertilizer industry

2 Development environment from vietnam Fertilizer industry
2.1 History of Fertilizer Development in Vietnam
2.2 Types of fertilizers in Vietnam
2.3 Policy environment for from vietnam Fertilizer industry

3 Supply and demand situation from vietnam Fertilizer industry
3.1 Supply Status
3.2 Application status

4 Import and Export of Fertilizer Industry in Vietnam
4.1 Import Status
4.1.1 Import Volume and Import Value
4.1.2 Major Sources of Import Fertilizers in Vietnam
4.2 Export Status
4.2.1 Export volume and export value
4.2.2 Main Export Destinations of Fertilizers in Vietnam

5 Market competition from vietnam Fertilizer industry
5.1 Barriers to entry into from vietnam Fertilizer industry
5.1.1 Brand barrier
5.1.2 Quality barrier
5.1.3 Capital barrier
5.2 Competitive Structure of from vietnam Fertilizer industry
5.2.1 Bargaining power of fertilizer suppliers
5.2.2 Bargaining power of consumers
5.2.3 Competition in from vietnam Fertilizer industry
5.2.4 Potential Entrants in the Fertilizer Industry
5.2.5 Fertilizer substitutes

6 Analysis of Top Fertilizer Brands in Vietnam
6.1 Binh Dien JSC Fertilizer (BFC)
6.1.1 Binh Dien Fertilizer JSC (BFC) Development History
6.1.2 Major Products of Binh Dien Fertilizer JSC (BFC)
6.1.3 Working model of Binh Dien Fertilizer JSC (BFC)
6.2 Southern Fertilizer JSC
6.3 PetroVietnam Fertilizer and Chemical Corp.
6.4 Ninh Binh JSC Phosphate Fertilizers
6.5 Habac Nitrogenous Fertilizer & Chemicals Company Limited
6.6 Lam Thao Fertilizers and Chemicals JSC
6.7 Que Lam Group
6.8 JSC Agricultural Products and Materials (APROMACO)
6.9 Song Gianh Society
6.10 Thien Sinh JSC
6.11 Dinh Vu DAP Fertilizer
6.12 Duke Giang Chemicals

7 Perspectives on from vietnam Fertilizer Industry, 2022-2031
7.1 Growth Factors Analysis of from vietnam Fertilizer industry
7.1.1 Development Drivers and Opportunities for from vietnam Fertilizer industry
7.1.2 Threats and challenges to from vietnam Fertilizer industry
7.2 Forecast on from vietnam Fertilizer Industry Supply
7.3 Forecast on from vietnam Fertilizer Market Demand
7.4 Forecast on from vietnam Import and export of fertilizers

For more information on this report, visit https://www.researchandmarkets.com/r/wpcj84

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