In Q3/2023, world fertilizer prices increased sharply in July and August, then leveled off and gradually cooled down from the second week of September.
Regarding the consumption situation: The domestic sales situation is more positive. Meanwhile, fertilizer export output in Q3 was almost flat compared to the previous quarter and the same period in 2022. Accordingly, the sales output of some large fertilizer enterprises increased significantly compared to Q2, except for DCM.
Outlook: World fertilizer prices may be high, and Vietnam's fertilizer exports may be more positive by benefiting from a number of factors that can impact global fertilizer supply. However, according to Vietdata's estimates, even in a positive case, export output in Q4 is likely to only be equivalent to Q3 or decrease <10% compared to the previous quarter.
TABLE OF CONTENTS
A. GENERAL PERCEPTION
B. WORLD FERTILIZER PRICE PERFORMANCE & DOMESTIC SALE PRICE
C. MOVEMENT OF AVERAGE IMPORTED FERTILIZER PRICE
D. OVERVIEW OF FERTILIZER SUPPLY IN VN & IMPORTS 9M/2023
- Production situation of each type of fertilizer
- Structure of imported fertilizers
- Import situation of each type of fertilizer
- Market structure (source) of imports
E. EXPORT SITUATION 9M/2023
- Export situation
- Export market structure
- The situation of some major export markets
F. TOP FERTILIZER EXPORTING ENTERPRISE 9M/2023
G. EXPORT SITUATION & AVERAGE EXPORT PRICE OF SOME LARGE ENTERPRISES
[VI] FERTILIZER INDUSTRY REPORT - OCTOBER 2023
Number of pages: 24 pages
Data series: Last 13 months
Release date: October 20, 2023