Report Vietnam - Nitrogen - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

Vietnam - Nitrogen - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Nitrogen Market 2025

Nitrogen Market Size in Vietnam

The Vietnamese nitrogen market reached $X in 2021, picking up by 14% against the previous year. In general, consumption recorded a prominent expansion. Nitrogen consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Nitrogen Production in Vietnam

In value terms, nitrogen production rose markedly to $X in 2021 estimated in export price. Over the period under review, production showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 71%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Nitrogen Exports

Exports from Vietnam

In 2021, overseas shipments of nitrogen decreased by -7% to X cubic meters, falling for the second year in a row after four years of growth. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 1,281% against the previous year. The exports peaked at X cubic meters in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, nitrogen exports skyrocketed to $X in 2021. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 966% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Cambodia (X cubic meters) was the main destination for nitrogen exports from Vietnam, accounting for a 82% share of total exports. Moreover, nitrogen exports to Cambodia exceeded the volume sent to the second major destination, Taiwan (Chinese) (X cubic meters), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cambodia amounted to +84.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-46.9% per year) and Lao People's Democratic Republic (+82.1% per year).

In value terms, Cambodia ($X) remains the key foreign market for nitrogen exports from Vietnam, comprising 71% of total exports. The second position in the ranking was held by Lao People's Democratic Republic ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Cambodia amounted to +61.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+126.1% per year) and Taiwan (Chinese) (-45.2% per year).

Export Prices by Country

The average nitrogen export price stood at $X per cubic meter in 2021, surging by 25% against the previous year. In general, the export price, however, faced a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 62% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per cubic meter), while the average price for exports to Taiwan (Chinese) ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+24.5%), while the prices for the other major destinations experienced mixed trend patterns.

Nitrogen Imports

Imports into Vietnam

In 2021, nitrogen imports into Vietnam skyrocketed to X cubic meters, jumping by 778% on the year before. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 2,088% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, nitrogen imports stood at $X in 2021. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 351% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Singapore (X cubic meters) constituted the largest nitrogen supplier to Vietnam, accounting for a 75% share of total imports. Moreover, nitrogen imports from Singapore exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Singapore stood at +164.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+137.7% per year) and Germany (-3.2% per year).

In value terms, Singapore ($X) constituted the largest supplier of nitrogen to Vietnam, comprising 39% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Singapore totaled +25.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.7% per year) and Germany (+11.1% per year).

Import Prices by Country

In 2021, the average nitrogen import price amounted to $X per cubic meter, waning by -88.5% against the previous year. Overall, the import price recorded a dramatic contraction. The pace of growth appeared the most rapid in 2019 an increase of 2,584%. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Singapore ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of nitrogen consumption was China, comprising approx. 19% of total volume. Moreover, nitrogen consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.7% share.
The country with the largest volume of nitrogen production was China, accounting for 19% of total volume. Moreover, nitrogen production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 5.7% share.
In value terms, Singapore, Thailand and the United States constituted the largest nitrogen suppliers to Vietnam, with a combined 61% share of total imports.
In value terms, Cambodia remains the key foreign market for nitrogen exports from Vietnam, comprising 75% of total exports. The second position in the ranking was occupied by Lao People's Democratic Republic $317), with a 20% share of total exports.
In 2021, the average nitrogen export price amounted to $0.2 per cubic meter, standing approx. at the previous year.
In 2021, the average nitrogen import price amounted to $0.2 per cubic meter, falling by -4.8% against the previous year.

This report provides an in-depth analysis of the nitrogen market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20111160 - Nitrogen

Country coverage:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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