Changing Dynamics of GCC Fertilizer Industry
The changing dynamics of the GCC Fertilizers Market include rising population, falling commodity prices globally, and intense competition from abroad. In 2016, GCC fertilizer sales declined by 21%, to USD 5.2 billion. The same scenario was noted in 2015, wherein, the sales revenue dropped by 10%.
The report provides a detailed analysis of the GCC fertilizer market, which is broadly segmented based on type and geography. Based on the type, the market has been segmented into nitrogenous, phosphatic, potassic, etc. Also, based on geography, the following countries have been considered, viz., Saudi Arabia, Qatar, Oman, UAE, etc.
The Saudi production of fertilizers in 2014 was 3,710,090 metric ton, and the production capacity is increasing year-on-year. In 2016, total phosphate reserves increased by 13%, as compared to 2015, an increase of 53 million metric ton. Saudi Arabia is the largest producer of ammonia in the region, representing 40% of total output. Over the years, its share of the GCC ammonia market has remained relatively unchanged. In terms of exports, in 2016, the top importing countries for fertilizers from Saudi were Thailand, the United States, Australia, New Zealand, and Sudan. The total exported value in 2016 was USD 882,814 thousand.
Urea Production in GCC
All the countries in GCC produce urea; Qatar is the biggest urea producer in the region with 35% share in the total GCC urea output. The production capacity of urea in Qatar is 5.9 million metric ton per annum. Saudi Arabia also occupies a significant share in the GCC urea market. The rapid growth in area production in Qatar and UAE is attributed to industry expansion taking place in the region. The urea producers in the region are focusing toward the development of environmentally-sustainable urea products. Urea generates significant sales revenue through its exports. Any change in the global market has a direct impact on the sales of urea in the GCC fertilizer market.
Mordor Intelligence is a market research and consulting firm with expertise in accurate research and analysis.
9,000+ comprehensive reports across 60+ industry segments. Trusted by 300+ brands across the globe.
5th Floor, Brigade Towers, Financial District, Gachibowli, Hyderabad - 500032, India
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Changing Dynamics of GCC Fertilizer Industry here
News-ID: 968219 • Views: 257
More Releases from MordorIntelligence
Climate-smart Agriculture is Increasing the Demand for Bio-fertilizers
Market Insights The global fertilizer market report offers a detailed analysis of the market structure, along with the forecast for the various segments and sub-segments of the global fertilizer market. The global fertilizer market was valued at USD 145.62 billion in 2017 and is expected to register a CAGR of 3.8% during the forecast period. Fruits and vegetables are high-value crops and represent a segment that is expected to grow at
The Transforming Global Pesticide Market
Market Insights The global crop protection chemical market report offers a detailed analysis of the market structure, along with forecast for various segments and sub-segments of the market studied. The global crop protection market was valued at USD 51.44 billion in 2017, and is expected to register a CAGR of 3.1% during the forecast period, to reach the value of USD 5.76 billion by 2023. The previous decade, which saw a
The ‘healthy indulgence’ of the baking world!
Baking has been the oldest food-processing technology known to man. From being subsistence-based foods, bakery products have witnessed a phenomenal transformation, to being delicacy-based and choice-arousing food that can continue to contribute a vital share to the rapidly emerging food processing sector. The development is much more dynamic in emerging economies, whereas, the matured markets of North America and Western Europe are increasingly seeking advanced and sophisticated level, of value
Specialty Surfactants Market
Latest Developments Growing personal care industry in emerging economies and increasing purchasing power of middle class are fuelling the growth of the specialty surfactants market. While stringent environmental regulations regarding the manufacturing of specialty surfactants are hindering the growth of this market. Market Insights Anionic surfactants is poised to account for the largest market share in 2016 and owing to the increased use of green surfactants amphoteric surfactants have registered the highest CAGR.
More Releases for GCC
GCC Clinical Trial Market Outlook Insight 2025
"GCC Clinical Trial Market Outlook 2025" Report Highlights: • GCC Clinical Trial Market Opportunity: >US$ 500 Million • GCC Disease Prevalence & Statistics • Saudi Arabia Dominating GCC Clinical Trial Landscape: > 500 Trials • Clinical Trials for Cancer in GCC: > 120 Trials • Guidelines For Conducting Clinical Trials by Country • Ongoing Clinical Trials Insight by Country Download Report: https://www.kuickresearch.com/report-report-report-report-report-report-report-report-gcc-clinical-trial-market-size-number--data-regulation-registration Table of Contents 1. GCC Clinical Market Regional Insights 2. GCC Clinical Trial Market Dynamics 2.1 Driving Forces for GCC Clinical Trial
GCC Digital Signage Market-(2017-2023)
Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40", 40"-55" and Above 55"), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By Countries (Saudi Arabia, Bahrain
GCC Medium Voltage Switchgear Market (2017-2023)
Increasing infrastructure development activities, rising commercial sector and large scale investments in the power transmission & distribution network are the major factors that would drive the market of medium voltage switchgear market in GCC region. According to 6Wresearch, GCC Medium Voltage Switchgear Market is projected to reach $1.4 Billion by 2023. Medium voltage switchgear market in GCC has witnessed robust growth over the past five years due to growing electricity
MEED Insights: GCC Projects Outlook Report 2018
The market has been in freefall for more than two years. It’s never been more important for companies to have concise, accurate and comprehensive market intelligence than today. GCC Projects Outlook 2018 evaluates this new market and highlights the markets, sectors and projects presenting the best growth opportunity. It provides critical data to help you make key business decisions and inform your strategy. Using data from more than 15,000 live projects, this
Emerging Renewable Energy Implementation in GCC
GCC region is shifting focus from its most prized asset, hydrocarbons. Oil and gas, though, still dominates the trade in and out of the GCC Region but it is looking to develop its renewable sources of energy as well. All the GCC countries have started to take the renewable energy way, contrary to their most important possession, non renewable (Hydrocarbons). The growing economy with growing population has affected a growth
Processed Meat Market - GCC Industry Analysis 2024
GCC Processed Meat Market: Snapshot The processed meat market in the GCC is primarily driven by the busy lifestyles of consumer in the region over the years. This has caused people to opt for ready-to-consume food items or those that can be served in a short span of time. Aggressive marketing strategies by manufacturers and increased investments in advertising are also responsible for the growing demand for processed meat in the GCC.