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Fertilizer Market - GCC Industry Analysis, Forecasts and Trends (2020 - 2025)

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The fertilizer market value in the GCC countries was estimated at USD 6.3 billion in 2016 and is projected to reach USD XX million, by 2022, with a CAGR of XX% during the forecast period (2017-2022). The production capacity of fertilizer has grown at a CAGR of 10% during the period 2011-2016 and is estimated to register a CAGR of XX% over the forecast period. The fertilizer market in the GCC countries is consolidated, with government companies owning most of the market share. 

Market Dynamics

Some major factors favoring the growth of the fertilizer market are the increasing demand for food grains and growing awareness among the farming communities about the use of fertilizers. High population density leading to food scarcity is further driving the growth of this market. High fertilizer demand from India and Brazil is also stimulating the fertilizers industry growth in the GCC region. However, environmental pollution caused by the excessive fertilizer usage is retraining the market growth.

Market Segmentation

The fertilizer market in the GCC countries is segmented by type and geography. By type, the market is segmented into nitrogenous, phosphorous, potash and others, with the nitrogenous fertilizer market having the largest share of XX%. In this segment, urea has the largest market share, with an estimated production capacity of 17.4 MT, in 2016, and accounts for 8% of the global production.

By geography, the market is segmented into Saudi Arabia, Qatar, Omen, and UAE. Saudi Arabia has the largest market value, with an estimated USD XX million, in 2016. A majority of the fertilizers produced in the region are exported to other countries, with around 24 MT of fertilizers exported in 2016. Some of the major countries importing fertilizers from the GCC countries are India, the United States, Brazil, and Thailand, accounting for 70% of the total fertilizer exports of GCC. 

Major Companies in the Sector Include:

  • Qatar Fertilizer Company
  • Saudi Arabian Fertilizer Company
  • Gulf Petrochemical Industries Company
  • SABIC

Recent Industry Insights

“In Feb 2017, the Japanese company JGC Gulf International had signed an agreement with Gulf Petrochemical Industries Company, to produce urea formaldehyde worth USD 8.8 million.”

Key Deliverables in the Study

  • Market analysis for the fertilizer market, with country-specific assessments and competition analysis.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a country-scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the fertilizer market in the GCC countries.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is growing, and identify the regions that are still untapped.

The report holds importance for the following stakeholders-

  • Producers and manufacturers.
  • Enterprises operating in the industry.
  • Traders and stakeholders operating in the sector.
  • Investors/research institutions interested in the market.

Customization Options:

  • Supply chain analysis
  • Regulatory framework
  • Trade analysis
  • Trend analysis

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