World urea production capacity expansion: the gap still exists – urea, capacity expansion, and the gap – the chemical industry
International Fertilizer Industry Association (IFA) recently issued the "2009 to 2013 global fertilizer and its raw materials supply and demand situation and outlook" report, the report shows the world urea production capacity in the next five years, increased gradually, expected to grow from 1.74 in 2009 million tons up to 2013's 210.3 million tons of urea demand of 130 million tons from 2008 up to 2013's 175 million tons. Although the sharp global surplus production capacity of urea, but South Asia, North America, Western Europe, East Asia (excluding China), Latin America, Western Europe and the Pacific region is still urea importer, China will become a major supplier of urea. <<<For more exciting Click here
IFA report show that in 2008 global production estimated at 145.7 million tons of urea (physical quantity), an increase of 1.7% in 2007. 2008, China, Iran, Egypt and other countries, output growth in this new capacity into production is the main reason. By Financial crisis The impact of global trade has been in the first half of urea hot, cold in the second half the situation, IFA is expected to 2008, global exports of urea around the estimated 32.8 million tons, a decrease of more than 10% in 2007. Apart from Iran, Venezuela, Qatar, export growth, other areas affected by the decline in demand, exports are not very high. IFA 2009, the new capacity to the global survey of urea, in the period 2009 to 2013, there will be 50 sets of new equipment put into operation, of which 20 sets in the East Asian region. IFA is expected between 2008 and 2013 world urea production capacity to increase 46.8 million tons in 2013 to reach 210.3 million tons, annual growth of around 9 million tons. Building from the regional perspective, East Asia will contribute 38% of the expected growth in West Asia, South Asia, Eastern Europe, Central Asia and Africa will contribute to capacity growth of 18%, 12%, 11%, 7%. 2013, excluding China, the world will increase by 26 million tons of urea production, which Suez Suez area to the east, west and will increase 11 million tons and 15 million tons capacity.
Balance supply and demand from the global view of urea, urea, urea supply capacity utilization is the determining factor. IFA data, the global rate of urea start of 1995 increased 82% to 90% in 2008. Recent global urea capacity utilization will remain at 80% ~ 90%, so in 2008 the world supply at 148 million tons of urea is about to reach 155 million tons in 2009, will reach 186.4 million tons in 2013. Urea mainly from industrial and agricultural needs. Global demand for industrial use based on a smooth and agricultural urea urea demand is expected to slow recovery, the global demand for urea is expected to 146 million tons from 2008 up to 2013's 175 million tons, a net increase of 29 million tons per year. Time, fertilizer with urea from 1.3 million tons in 2008 to 2013 of 153.5 million tons.
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