SUMMARY
 
In general, in 2022, the fertilizer industry benefited from a shortage of global fertilizer supply, increased exports, and increased prices in the first half of the year. However, exports slowed down in the second half of the year, and domestic demand also dropped sharply in the context of a prolonged and high increase in fertilizer prices.
 
Specifically, in 2022, the industry's production output will reach 6.56 million tons of inorganic fertilizers (down 2.7% over the same period last year) and 2.91 million tons of organic fertilizers (up 13.9% over the same period last year). In particular, due to the slow domestic consumption and export situation from April 2022, the operating capacity of fertilizer factories is also low (except for urea) in the period of April - November.
 
TABLE OF CONTENTS
 
A. GENERAL PERCEPTION
 
B. SOME OUTSTANDING OPERATION POLICIES HAVING IMPACTS ON THE FERTILIZER INDUSTRY
 
C. FERTILIZER PRICE PERFORMANCE
World URE/DAP fertilizer price movements
Price movements of imported fertilizers
Price movements in the country
Correlation of average export prices and world prices
 
D. VIETNAM FERTILIZER SUPPLY AND DEMAND OVERVIEW
 
E. PRODUCTION SITUATION
Total production output 2020 – 2022
Production output of NPK, Urea, DAP, and Phosphate fertilizer 
 
F. IMPORT SITUATION
Total import volume 2020 - 2022
Structure of imported goods 2022
Import volume of each type of fertilizer 2020 - 2022
Structure of import sources 2022
Situation of some major import markets 2020 - 2022
 
G. EXPORT SITUATION 
Total export volume 2020 - 2022
Total export value 2020 – 2022
Movement of average export prices by month
Structure of export markets in 2022
Situation of some major export markets 2020 - 2022
 
H. TOP EXPORT ENTERPRISE