GCC fertilizer production to hit 47 mln tons by 2025

GCC fertilizer production capacity is likely to reach 38.9 million tons this year and 47 million tons by 2025, growing at a CAGR of 7.7 percent between 2007-2017, according to new figures from the Gulf Petrochemicals and Chemicals Association (GPCA) .

The region’s fertilizer exports reached a record high of 20.4 million tons in 2017, growing 5.3 percent year-on-year (YoY), and at a 6 percent CAGR between 2007-2017.

Saudi Arabia accounts for almost 46 percent of GCC fertilizer production in 2018, followed by Qatar (25 percent) and Oman (12 percent).

"Despite a continuing rise in global market protectionism, the Gulf region has enjoyed record high fertilizer exports in 2017, thus, enhancing its position as a globally recognized hub for the production and export of fertilizers," said GPCA Secretary General, Abdulwahab Al Sadoun.