Saudi Arabian Fertilizer Company (SAFCO) SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Saudi Arabian Fertilizer Company (SAFCO), the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Saudi Arabian Fertilizer Company (SAFCO) to benchmark its business & performance as compared to the competitors, and make strategic improvements. Saudi Arabian Fertilizer Company (SAFCO) is one of the leading brands in the industrial products and chemicals sector.
The article below lists the Saudi Arabian Fertilizer Company (SAFCO) SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Saudi Arabian Fertilizer Company (SAFCO) SWOT Analysis:
In this article:
For Saudi Arabian Fertilizer Company (SAFCO), SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Saudi Arabian Fertilizer Company (SAFCO) looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Saudi Arabian Fertilizer Company (SAFCO) :
1. Good financial stability with year-on-year growth for the past 6-7 years
2. Set-up of Jubail Industrial City consisting of 7 factories with an overall capacity of 5.3 million metric tonnes
3. Urea plant contributing to agricultural development of Saudi Arabia.
4. Customer loyalty increasing day-by-day
5. Current market capital of the company is good
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Saudi Arabian Fertilizer Company (SAFCO) SWOT Analysis:
1. Diversity of income sources leads to fluctuations in the stability of cash flows to the company.
2. Labor strikes in the past have led to massive changes in the management, which has resulted in poor productivity.
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Saudi Arabian Fertilizer Company (SAFCO) SWOT Analysis:
1. Mergers with Ibn Al-Baytar (National Chemical Fertilizer) for creating financial independence for both the companies.
2.Joint ventures with SABAYEK and Yansab in order to capture different markets and extend partnerships beyond their boundaries.
3. Grant of government’s shares to the workforce has come as a great motivator for improved productivity and growth.
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Saudi Arabian Fertilizer Company (SAFCO) are as mentioned:
1. Emergence of substitutes for the company’s products has decreased demand for their products.
2. Increasing competition from local as well as international players.
3. Environmental regulations against certain fertilizer manufacture practices
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Saudi Arabian Fertilizer Company (SAFCO):
1. Gujarat State Fertilizers and Chemicals Ltd
2. Yara International ASA
3. Acron
Hence this concludes the Saudi Arabian Fertilizer Company (SAFCO) SWOT analysis.
Continue reading more about the brand/company.
Saudi Arabian Fertilizer Company (SAFCO) Overview | |
---|---|
Parent Company |
Saudi Arabian Basic Industries Corporation (SABIC) |
Category |
Specialized Chemicals / Petrochemicals |
Sector | |
Tagline/ Slogan |
Chemistry that matters |
USP |
Market leader in the manufacture of Petrochemicals and specialized chemicals in Saudi Arabia |
Saudi Arabian Fertilizer Company (SAFCO) STP | |
Segmentation |
Businesses and customers looking for customized and top quality products, spread across the Middle East and Europe. |
Target Market |
Businesses catering to production of fertilizers and industrial products. |
Positioning |
First petrochemical company in Saudi Arabia. |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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