Saudi Arabia Fertilizer Market

Saudi Arabia fertilizer market is predicted to grow during the forecast period due to the increasing adoption of modern fertilizer manufacturing techniques which will improve the soil fertility and enhance the plant growth.

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Major Saudi Arabia fertilizer Market Drivers

Saudi Arabia captured more than 45% of share in terms of production in the GCC fertilizer market. As per the Gulf Petrochemicals and Chemicals Association, 36.7 million tons of fertilizers were produced in GCC countries in 2019. Saudi government targeted to improve the fertilizer consumption and encouraging farmers to produce crops by using water-saving methods. Under Saudi Vision 2030, the country planned to encourage and educate farmers to use modern technology and to promote sustainable agriculture. Moreover, the demand for organic fertilizers is expected to drive the Saudi Arabia fertilizers market.

Fertilizer Industry in Saudi Arabia is driven by the increasing population growth, growing demand for food production and rising use of modern agriculture techniques. Due to the rise in the population size and income of the consumers, the need for fertilizers to promote crop yields will increases. Moreover, people are shifting towards urban areas which resulted in reduction of availability of arable land is supporting the demand for fertilizer across KSA. In addition, change in the dietary pattern along with the high demand for the good quality food among people is anticipated to boost the market growth in near future. The application of fertilizer are fruits and vegetables, cereals, pulses, cereals, among others is further supporting the Saudi Arabia fertilizer industry. Increasing use of fertilizers for better nutrient management, proper utilization of resources and improves crop quality.

Nitrogenous Fertilizer estimated to hold the largest market share in the Saudi Arabian fertilizer market due to the increasing demand for ammonium sulfate and ammonium nitrate for cultivation of vegetable crops. As per the GPCA, Saudi Arabia ammonia captured 40% and Urea holds 28% of market share across GCC region in 2020. Saudi government aimed to reduce dependency on vegetable imports and to become self sufficient in terms of vegetable production to cater to the increasing demand of food. For instance, self-sufficiency ratio of tomato is 77% and potato is 92% in 2021. This is expected to boost the fertilizer market in Saudi Arabia.

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Saudi Arabian Fertilizers Market covers detailed analysis of Saudi Arabia fertilizer market size and trends, domestic and international players expansion and government initiatives. The key players in the Saudi Arabia market are adopting various strategies like product launches, partnerships, investment in R&D to increase their market share in the fertilizer market.

Top Market Players

Various notable players operating in the market include Maaden Phosphate Co., Saudi Basic Industries Corporation, Al-Jubail Fertilizer Company, Al-Tayseer Chemical Industry, Jas Global Industries, Arabian Agricultural Services Co., Saudi United Fertilizer Company among others.

Key development

In 2022, Krishak Bharati Cooperative in India signed an long term fertilizers deal with Saudi Arabia, to export 1 million tons of phosphatic fertilizers to India. In addition, agreement were signed with 3 Indian companies to explore more products and technology development in phosphatic fertilizers. Both the countries planned to boost their long term relationship by providing double phosphate fertilizer and ammonia to India.

Segments covered in the Report:

The Saudi Arabia fertilizer Market has been segmented on the basis of Type and Application. Based on the Type, the market is segmented into Nitrogenous Fertilizers, Phosphatic Fertilizers, Potassic Fertilizers, Secondary Macronutrient Fertilizers, Micronutrient Fertilizers. Based on the Application, the market is segmented into Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Others. The Nitrogenous Fertilizers segment is further segmented into Urea, Calcium Ammonium Nitrate, Ammonium Nitrate, Ammonium Sulfate, Anhydrous Ammonia, Others. The Phosphatic Fertilizers segment is further segmented into Mono-ammonium Phosphate (MAP), Di-ammonium Phosphate (DAP), Single Super Phosphate (SSP), Triple Super Phosphate (TSP), Others. The Potassic Fertilizers segment is further segmented into Muriate of Potash (MOP), Sulfate of Potash (SOP).

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Market Segmentation

Saudi Arabia fertilizer Market by Type

• • Nitrogenous Fertilizers
    • Urea
    • Calcium Ammonium Nitrate
    • Ammonium Nitrate
    • Ammonium Sulfate
    • Anhydrous Ammonia
    • Others
  • Phosphatic Fertilizers
    • Mono-ammonium Phosphate (MAP)
    • Di-ammonium Phosphate (DAP)
    • Single Super Phosphate (SSP)
    • Triple Super Phosphate (TSP)
    • Others
  • Potassic Fertilizers
    • Muriate of Potash (MOP)
    • Sulfate of Potash (SOP)
  • Secondary Macronutrient Fertilizers
  • Micronutrient Fertilizers

Saudi Arabia fertilizer Market by Application

• • Grains and Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Others

Major Players Operating in the Saudi Arabia fertilizer (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Maaden Phosphate Co.
  • Saudi Basic Industries Corporation
  • Al-Jubail Fertilizer Company
  • Al-Tayseer Chemical Industry
  • Jas Global Industries
  • Arabian Agricultural Services Co.
  • Saudi United Fertilizer Company