This is a positive signal and the export-import business efforts of the Ca Mau Fertilizer brand.
To be more proactive in international business activities, Ca Mau Fertilizer always closely follows the global fertilizer market. The company is seeking export opportunities, even small and rare ones, in the current phase.
In 2023, Ca Mau Fertilizer faces many difficulties and challenges as raw material prices rise, fertilizer prices decline, domestic consumption is low, and fierce competition with imported fertilizers. However, the highlight of Ca Mau Fertilizer in 2023 is the expansion of fertilizer exports, contributing to increased revenue.
As of 2023, Ca Mau Fertilizer’s products have been present in over 18 countries worldwide, with export volume reaching 344 thousand tons, accounting for about 26% of total consumption, and export value reaching 136 million USD, accounting for about 25% of fertilizer product revenue. In which, Cambodia is the largest export market with export volume and value accounting for over 60%.
According to experts, Australia and New Zealand are among the tough markets for fertilizer imports. For a period of time, Ca Mau Fertilizer has gradually improved the quality from transportation services, loading and unloading until the goods leave the factory warehouse. Ca Mau Fertilizer focuses on ensuring the best quality goods for customers with faster loading and unloading speeds compared to the common standard of exporters worldwide.
In addition to seeking export opportunities in the 18 countries that Ca Mau Fertilizer has already introduced its products since 2023, the company continues to explore and expand export markets to other countries. Among them, the potential markets of Australia and New Zealand have always been identified by the Company with careful preparation for a long time.
Since the beginning of 2024, the Ca Mau Fertilizer team has prepared for the first batch of exporting Urea prilled products to the New Zealand market. This is a market that is willing to pay a very high price compared to other countries but has strict requirements for product quality.
At the same time, the Company has also completed the final procedures to be granted permission to import Urea prilled products of Ca Mau Fertilizer into the Australian market. At that time, PVCFC will officially conquer the two most demanding markets in the world.
The Company is also preparing a shipment of over 35,000 tons to Mexico. The quality of Ca Mau urea products continues to gain the trust of partners who have been accompanying us from this American market.
In 2024, Ca Mau Fertilizer kicks off with high-quality batches smuggling into two new markets with outstanding potentials. This is a joyful signal for the continuous efforts of the company’s leadership and employees who always adapt, be flexible, and unite to create more and more sustainable value, prosperity.
