ECONOMIC AND TRADE MISSION

EMBASSY OF ISRAEL IN HANOI

ORGANIC COMPOST
& FERTILIZER MARKET
IN VIETNAM

THIS REPORT IS MADE BY

ECONOMIC AND TRADE MISSION
EMBASSY OF ISRAEL, VIETNAM
(FOR INTERNAL USE ONLY)

+84-24-37187521 

www.israeltrade.gov.il/vietnam

10th Floor, Hanoi Tower, 49 Hai

Ba Trung str., Hanoi. 

Vietnam@israeltrade.gov.il    
1. ORGANIC COMPOST
IN VIETNAM

A. OVERVIEW

 There is no document regulated clearly, separately

on waste recycling for compost production
Enterprises which produce compost have not
accessed preference, encouragement in producing
compost
Lack of policies on supporting, researching scientific,
technological development related to recycling and
producing compost
Planning for solid waste treatment does not have
guide line on workload, amount of solid waste need
treating.

FIGURE 1. Organic compost

B. ABOUT THE MARKET
factories in Vietnam

018
The Vietnam organic fertilizers market valued at USD
930.54 million in 2017 is expected to reach USD 1600
million by 2022, at a CAGR of 11%. 

FIGURE 2.

Vietnam organic

fertilizer market value

(USD million)

Source: amCharts

This is an opportunity market since the total amount of

urban solid waste has arisen from 26224 tons/day in 2010
to 42000 tons/day in 2015 and is expected to reach up to
61600 tons/day in 2020. (Source: National environment
journal)
 ABOUT THE MARKET
Material for production Manufacturing technology

The Vietnam organic Most of the manufacturing

compost market takes technology applied are
input source mostly from from other foreign
the nutrients and raw countries: French, Korea,
materials. By major America, Spain, Poland. 
product types, the market However, in some
includes farmyard manure manufacturing factories
(FYM), crop residues, green and households there is still
manures; animal based a traditional method Technology applied in
products like blood meal, applied to process waste national production
bone meal, and mineral from raw materials to
An Sinh ASC Technology
based products like Epsom organic compost.
producing Organic waste
salt.
to dust and compost
Technology
SERAPHIN
Aerobic with force Technology producing
Physical air provision Organic waste to dust
separation, and compost
screening Aerobic without
Input force air provision Finished High speed aerobic compost
Goods High speed aerobic
Separating
metal by compost 
Fastidious
magnet Betid technology 
45 days Aerobic technology with
FIGURE 3. Manufacturing technology in Vietnam force air provision 

Price for compost at some factories

VND/kg

Some of the leading players in

Vietnam organic compost market
include:

Vietstar Joint Stock Company

Nam Dinh Trash-processing Factory
Thuy Phuong Trash-processing
Factory Nam Dinh Trash-
Ha Long Biotechnology Vietstar Joint Stock Cau Dien Compost
Trash-processing Company Manufacturing Factory
Rach Gia Waste-processing Factory
processing Factory
Factory

Cau Dien Compost Manufacturing

FIGURE 4. Compost price in Vietnam
Factory
2. FERTILIZER MARKET
IN VIETNAM
A. OVERVIEW

With the introduction of superphosphate technology, the

chemical fertilizer industry started to overhaul agriculture
industry which significantly improves crop yields. In 1960,
Vietnamese farmers started to apply synthetic fertilizers
(containing N, P, K) in conjunction with organic fertilizers to
provide nutrients for plants.

Commonly used fertilizer types are: urea, SA, DAP, phosphorus,

potassium and NPK fertilizer. While demand for urea,
potassium, phosphorus fertilizers remains unchanged or
falls slightly, demand for compound fertilizers such as NPK,
DAP increases slightly

According to the Ministry of Agriculture (MARD), the efficiency

rate is around 45-50 %, meaning only half of the fertilizer used
helps the plants, the rest is wasted and has dangerous
implications to the soil. Despite the benefits of chemical
fertilizer, long-term use not only deteriorates the quality of the
soil but also the agricultural products themselves

Annually,  Vietnamese farmers spend about VND110.000 bn

(about USD5 billion) on fertilizers.

B. ABOUT THE MARKET

FIGURE 5.

Vietnam fertilizer

demand by year (million

tons)

Source: MARD, 2014 

ABOUT THE MARKET
Vietnam major fertilizer manufacturers in 2014  From 2012, by building new
plants and expanding
production scale, Vietnam
now has a surplus supply of
NPK, phosphorus, urea
fertilizers. DAP production
also meets about 30-35% of
domestic demand and
supply capacity will
5M expectedly increase when
DAP Plant No.2 (in Lao Cai)
is in operation with a
capacity of 330,000
tons/year in 2015.
Meanwhile, SA and
Potassium fertilizers still
Source: Vinachem, 2014 depend on import source.
There are 15 large fertilizer manufacturers in Vietnam which take up 95% of total domestic production
(in 2013). Vinachem has 9 manufacturers, PVN has two manufacturers. In the 2009-2013 period,
fertilizer production capacity increased by 1 mn tons, with CAGR of 8.6%. In 2014, Vietnam produced
8M
about 8 mn tons of chemical fertilizers, met 80% of demand. Fertilizer export of the country decreased
both volume and value, decreased 4.37% and decreased 10.90% compared to 2013.

PRICE FOR FERTILIZER

FIGURE 6.   Fertilizer price in Vietnam

                                                                             Source: AGRODATA, 2014 

APPENDIX

For more details about the chemical fertilizer companies in Vietnam,

please access the link below:
http://bvtv.phuyen.gov.vn/danh-sach-cac-to-chuc-san-xuat-phan-
bon-huu-co-va-phan-bon-khac-tai-viet-nam.html

For more details about fertilizer retailing price in Vietnam, please

access the link below:
http://thongtinphanbon.com/tin/giam-sat-gia-phan-bon-tuan-30-4-
4-5/14708.html
REFERENCES

1.http://www.unescap.org/sites/default/files/Ministry%20of%20N
atural%20Resources%20and%20Env.%20Presentation.pdf

2. https://www.mordorintelligence.com/industry-reports/vietnam-
organic-fertilizers-market

3. http://thongtinphanbon.com/tin/giam-sat-gia-phan-bon-tuan-
30-4-4-5/14708.html

4. http://vietnamnews.vn/environment/425928/development-of-
organic-fertiliser-key-to-vns-future-
agriculture.html#gHixf4DbXaFp9zgr.97

5. http://www.fpts.com.vn/FileStore2/File/2015/08/11/FPTS-
Fertilizer%20Industry%20Report.2015.pdf

6. http://nhanhieuviet.gov.vn/vn/tin-tuc-xnk/tinh-hinh-san-xuat-
va-xuat-khau-phan-bon-nam-2014-52372.phtml