Vietnam Complex Fertilizer Market Report REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Vietnam Complex (NPK) Fertilizer Market 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. Ken Research in its latest study, Vietnam Complex (NPK) Fertilizer Market Outlook to 2022 – NPK 16-16-8 will Continue to be Widely Used Complex Fertilizer suggested that NPK 16-16-8 was the most widely used complex fertilizer in Vietnam, recording fastest growth during the last 5 years. Going forward, utilization of NPK 16-16-8 and NPK 20-5-5 are most likely to remain strong owing to balanced nutrient composition and comparatively cheaper prices. Net irrigated area in Vietnam is expected to rise from 68.7 million hectares in 2017 to 74.7 million hectares by 2022. Vietnam’s food grain production is expected to grow at a CAGR of 1.3% during 2017-2022 from 621.1 million MT in 2017 to 663.2 million MT by 2022. In 2015, Ministry of Agriculture issued Action Plan for “Achieving Zero Growth of Fertilizer Use by 2020”. The Chinese government intends to achieve zero growth in volume of use of fertilizers and maximize the utilization of the same. By 2020, it hopes to reduce fertilize usage on its fruits, vegetables and tea crops by 50%. Vietnam plans to replace chemical fertilizers with organic nutrients that are usually sourced from the decomposition of organic materials like animal manure, compost, and crop residue. The government is encouraging use of organic fertilizers by providing subsidies and tax incentives. However, the success of organic fertilizers replacing chemical fertilizers on a large scale has not been seen yet. Amidst efforts to achieve zero growth in overall fertilizer usage, nitrogen fertilizers in Vietnam are increasingly being replaced by complex fertilizers. However, despite the growing adoption by farmers, much of the domestic NPK production is of low quality. Growing emphasis on improving fertilizer quality, curbing soil pollution, better land management practices and urgent need to improve agricultural productivity is expected to augment the demand for complex fertilizers in Vietnam, according to Analyst at Ken Research. Average selling prices of NPKs are most likely to improve 2018 onwards owing to recovery in agricultural commodities’ prices. Complex fertilizers market is anticipated to grow at a CAGR of 3.4% in next 5 years Keywords: Vietnam Complex Fertilizer Demand Vietnam Complex Fertilizer Consumption Vietnam Complex Fertilizer Production Vietnam Complex Fertilizer Market Vietnam Granulated NPK Consumption Vietnam Blended NPK Consumption Vietnam NPK Fertilizer Demand Vietnam NPK Fertilizer Consumption Vietnam NPK Fertilizer Production Vietnam NPK Fertilizer Market Lam Thao Fertilizers and Chemicals Sales Binh Dien Fertilizer Best Selling Complex Fertilizer Southern Fertilizer JSC Production Complex Fertilizer Japan Vietnam Fertilizer Company Installed Capacity Complex Fertilizer Installed Capacity Vietnam Future Complex Fertilizer Vietnam Baconco Group Market Share Complex Fertilzer Selling Price Complex Fertilizer Vietnam Blended NPK Sales Vietnam Slow Release NPKs Revenue Vietnam Water Soluble NPKs Sales Trends 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 Related Reports by Ken Research 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 Fertilizers India Complex (NPK) Fertilizer Market Outlook to 2022 – Expected Manufacturing Capacity Expansion by Domestic Manufacturers in Next 5 Years Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-124 423 0204 Tags: Baconco Group Market Share Complex Fertilzer, Binh Dien Fertilizer Best Selling Complex Fertilizer, Blended NPK Sales Vietnam, Complex Fertilizer Installed Capacity Vietnam, Future Complex Fertilizer Vietnam, Japan Vietnam Fertilizer Company Installed Capacity, Lam Thao Fertilizers and Chemicals Sales, Selling Price Complex Fertilizer Vietnam, Slow Release NPKs Revenue Vietnam, Southern Fertilizer JSC Production Complex Fertilizer, Vietnam Blended NPK Consumption, Vietnam Complex Fertilizer Consumption, Vietnam Complex Fertilizer Demand, Vietnam Complex Fertilizer Market, Vietnam Complex Fertilizer Production, Vietnam Granulated NPK Consumption, Vietnam NPK Fertilizer Consumption, Vietnam NPK Fertilizer Demand, Vietnam NPK Fertilizer Market, Vietnam NPK Fertilizer Production, Water Soluble NPKs Sales Trends