Fertilizer export market in 9 months of 2021

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Source: Vinanet.vn

According to preliminary statistics of the General Department of Customs, in September 2021 fertilizer exports increased again after 4 consecutive months of decline, September 2021 increased by nearly 5.8% in volume and 15.8% in value. quota compared to August 2021 and increased by 9.5% in price, reaching 88,326 tons, equivalent to 37.64 million USD, average price 426 USD/ton; Compared to September 2020, a sharp decrease of 46.9% in volume, a decrease of 24.5% in turnover but a sharp increase of 42.4% in price.

For the whole 9 months of 2021, fertilizer exports increased sharply in volume, turnover and price compared to the same period in 2020, with a corresponding increase of 6.4%, 32.5% and 24.6%, reaching 918,568 tons, equivalent to nearly 333.46 million USD, the average price reached 363 USD/ton.

Vietnam’s fertilizers are mainly exported to the Cambodia market. In September 2021, exports to Cambodia increased sharply by 65% ​​in volume, up 56% in turnover, but the price decreased by 5.5% compared to August 2021, reaching 48,016 tons, equivalent to 20.22 million USD, average price 421 USD/ton; Compared to September 2020, it also increased by 24.8% in volume, increased by 63.4% in turnover and the price increased by 30.8%. Generally, for the whole 9 months, fertilizer exports to Cambodia increased sharply in volume, turnover and price compared to 9 months of 2020, with an increase of 36%, 66% and 22% respectively, reaching over 402,195 tons, equivalent to above 153.97 million USD, the average price is 382.8 USD/ton, accounting for 43.8% of the total volume and 46.2% of the total fertilizer export turnover of the country.

Behind Cambodia’s main market is the Mozambique market with a very strong increase of 374.5% in volume and 425.4% in turnover, price also increased by 10.7% over the same period in 2020, reaching 38,750 tons, equivalent equivalent to 18.21 million USD, average price 470 USD/ton; accounting for 4.2% of the total volume and 5.5% of the total fertilizer export turnover of the country.

Exports to Laos market reached 42,075 tons, equivalent to over 17.25 million USD, priced at 410 USD/ton, up 25.2% in volume, 32.4% in turnover, up in price by 5.7% over the same period. period, accounting for 5% of the total fertilizer export volume and turnover of the whole country.

In general, fertilizer exports in the first 9 months of 2021 to major markets increased in both volume and value compared to the first 9 months of 2020.

Fertilizer export in the first 9 months of 2021

(Calculated from data published on October 12, 2021 by the General Department of Customs)

Fertilizer export market in 9 months of 2021



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