| Product Code: ETC338790 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Vietnam Phosphates Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 11.00% in 2025, growth builds up to 13.27% by 2029.

The Phosphates market in Vietnam is projected to grow at a high growth rate of 12.34% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

The phosphates market in Vietnam encompasses a wide range of phosphate-based products, including fertilizers, food additives, and industrial chemicals. Phosphates are essential for plant nutrition and are also used in the food processing industry as additives to enhance food quality and preservation. The market is shaped by fluctuations in agricultural demand, food industry regulations, and technological advancements in phosphate processing. Sustainable and environmentally friendly phosphate production methods have gained importance in recent years.
The Vietnam Phosphates market is closely tied to the agricultural industry. Phosphates, in the form of phosphate fertilizers, are essential for enhancing crop yields. The government`s efforts to promote modern farming practices and increase agricultural productivity are driving the demand for phosphates. Additionally, phosphates are used in various industrial processes, including water treatment and detergents, further supporting market growth. The country`s expanding industrial base and population growth are expected to sustain the demand for phosphates in Vietnam.
The Vietnam phosphates market confronts challenges tied to market volatility and competition from alternative fertilizers. Phosphate prices can fluctuate significantly, impacting the profitability of agricultural businesses. Additionally, sustainable agriculture practices and alternative fertilizers may reduce the reliance on traditional phosphate-based products.
The Vietnam Phosphates Market experienced fluctuations during the pandemic. While the demand for phosphate-based fertilizers remained relatively stable, the disruption in logistics and transportation impacted the distribution of these products. Farmers faced challenges in accessing essential agricultural inputs, affecting crop production.
A leading player in the Vietnam phosphates market is DAP-Vinachem JSC, a subsidiary of Vinachem Corporation. DAP-Vinachem specializes in the production of diammonium phosphate (DAP) and other phosphate-based fertilizers, contributing significantly to the country`s agricultural sector and export market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Phosphates Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Phosphates Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Phosphates Market - Industry Life Cycle |
3.4 Vietnam Phosphates Market - Porter's Five Forces |
3.5 Vietnam Phosphates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Phosphates Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Vietnam Phosphates Market Revenues & Volume Share, By Type of Resource:, 2021 & 2031F |
4 Vietnam Phosphates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fertilizers in the agriculture sector |
4.2.2 Growing population leading to higher food production requirements |
4.2.3 Government initiatives to promote agricultural productivity |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Environmental concerns regarding phosphate mining and usage |
4.3.3 Competition from substitute products such as organic fertilizers |
5 Vietnam Phosphates Market Trends |
6 Vietnam Phosphates Market, By Types |
6.1 Vietnam Phosphates Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Phosphates Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Phosphates Market Revenues & Volume, By Ammonium Phosphate, 2021-2031F |
6.1.4 Vietnam Phosphates Market Revenues & Volume, By Calcium Phosphate, 2021-2031F |
6.1.5 Vietnam Phosphates Market Revenues & Volume, By Phosphoric Acid, 2021-2031F |
6.1.6 Vietnam Phosphates Market Revenues & Volume, By Potassium Phosphate, 2021-2031F |
6.1.7 Vietnam Phosphates Market Revenues & Volume, By Sodium Tripolyphosphate, 2021-2031F |
6.1.8 Vietnam Phosphates Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Phosphates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Phosphates Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.3 Vietnam Phosphates Market Revenues & Volume, By Foods & Beverages, 2021-2031F |
6.2.4 Vietnam Phosphates Market Revenues & Volume, By Detergents, 2021-2031F |
6.2.5 Vietnam Phosphates Market Revenues & Volume, By Water Treatment Chemicals, 2021-2031F |
6.2.6 Vietnam Phosphates Market Revenues & Volume, By Metal Finishing, 2021-2031F |
6.2.7 Vietnam Phosphates Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Phosphates Market, By Type of Resource: |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Phosphates Market Revenues & Volume, By Sedimentary Marine Deposits, 2021-2031F |
6.3.3 Vietnam Phosphates Market Revenues & Volume, By Igneous & Weathered Rock, 2021-2031F |
6.3.4 Vietnam Phosphates Market Revenues & Volume, By Biogenic, 2021-2031F |
6.3.5 Vietnam Phosphates Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Phosphates Market Import-Export Trade Statistics |
7.1 Vietnam Phosphates Market Export to Major Countries |
7.2 Vietnam Phosphates Market Imports from Major Countries |
8 Vietnam Phosphates Market Key Performance Indicators |
8.1 Average selling price of phosphate-based fertilizers |
8.2 Adoption rate of advanced phosphate application techniques in agriculture |
8.3 Percentage of arable land utilizing phosphate-based fertilizers |
9 Vietnam Phosphates Market - Opportunity Assessment |
9.1 Vietnam Phosphates Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Phosphates Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Vietnam Phosphates Market Opportunity Assessment, By Type of Resource:, 2021 & 2031F |
10 Vietnam Phosphates Market - Competitive Landscape |
10.1 Vietnam Phosphates Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Phosphates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |