Vietnam will need to import around 19.43 million tonnes of fertiliser from now until 2010, or 4.9 million tonnes each year to meet local demand, according to Vietnam Chemical Corp (Vinachem).
The country will need 8.08 million tonnes of urea, 4.2 million tonnes of kali, 3.7 million tonnes of SA fertiliser, and nearly three million tonnes of DAP and MAP, and 530,000 tonnes of NPK.
Although local producers can produce 30 million tonnes of fertiliser for this period, there is still a high demand of fertiliser for agricultural production. Therefore, Vietnam remains as fertiliser importer until 2010.
However, from 2011 onward, the country can rely on local production output, which will increase to 2.6 million tonnes per year when four new fertiliser plants—DAP Dinh Vu fertiliser plant with annual capacity of 330,000 tonnes, Ca Mau fertiliser plant (800,000 tonne), Ninh Binh Urea plant (560,000 tonnes), and Bac Giang urea plant (300,000 tonnes)—are put into operation.