GPCA forecasts output to surge as capacity is added over next five years
GCC fertiliser production is expected to increase by over 50 per cent in the next five years, driven by increases in the output of nitrogen and phosphate-based chemicals.
Annual production of nutrients is forecast to reach 17.5 million tonnes in 2018 compared with 11.5 million tonnes in 2013, according to a new report by the Gulf Petrochemicals and Chemicals Association (GPCA).
Production of nitrate fertiliser nutrients such as ammonia and urea is forecast to rise by 1.2 million tonnes a year (t/y) to 12.8 million t/y, while phosphate nutrients output is expect to rise by 0.5 million t/y to 4.6 million t/y.
In terms of total fertiliser products, output is expected to grow by 57 per cent to 66.9 million t/y over the five-year period.
Saudi Arabia is the largest producer of fertilisers in the GCC followed by Qatar and the UAE.