Qatar - Salt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQatar Experiences Significant Increase in Salt Imports, Reaching $28 Million in 2024
Qatar Salt Imports
In 2024, the amount of salt and pure sodium chloride imported into Qatar skyrocketed to 648K tons, rising by 18% on the previous year. Overall, total imports indicated a noticeable expansion from 2014 to 2024: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports increased by +13.3% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by 132%. Imports peaked in 2024 and are likely to see gradual growth in the immediate term.
In value terms, salt imports rose sharply to $28M (IndexBox estimates) in 2024. In general, total imports indicated a perceptible expansion from 2014 to 2024: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports increased by +67.0% against 2021 indices. The most prominent rate of growth was recorded in 2019 with an increase of 92% against the previous year. Over the period under review, imports attained the peak figure in 2024 and are expected to retain growth in the immediate term.
| COUNTRY | Import Value of Salt in Qatar (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| India | 18.0 | 19.9 | 12.4 | 10.8 | 7.2 | 17.1 | 13.3 | 14.1 | 19.8 | 18.8 | 21.0 |
| Saudi Arabia | 1.1 | 1.1 | 1.2 | 0.8 | N/A | N/A | N/A | N/A | 0.4 | 1.9 | 2.8 |
| Netherlands | 1.5 | 1.4 | 1.6 | 1.7 | 1.8 | 1.9 | 1.6 | 1.6 | 1.9 | 2.4 | 2.7 |
| Malaysia | 0.5 | 0.5 | 0.6 | 0.7 | 0.5 | 0.8 | 0.7 | 0.7 | 1.0 | 0.4 | 1.5 |
| Others | 1.0 | 2.1 | 1.4 | 2.3 | 1.6 | 1.5 | 2.1 | 0.5 | 1.1 | 1.8 | 0.3 |
| Total | 22.1 | 24.9 | 17.1 | 16.3 | 11.1 | 21.3 | 17.8 | 17.0 | 24.2 | 25.3 | 28.3 |
Imports by Country
In 2024, India (489K tons) constituted the largest supplier of salt to Qatar, accounting for a 75% share of total imports. Moreover, salt imports from India exceeded the figures recorded by the second-largest supplier, Saudi Arabia (122K tons), fourfold. The third position in this ranking was taken by the Netherlands (2.4K tons), with a 0.4% share.
From 2014 to 2024, the average annual growth rate of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+22.4% per year) and the Netherlands (-2.4% per year).
In value terms, India ($21M) constituted the largest supplier of salt and pure sodium chloride to Qatar, comprising 74% of total imports. The second position in the ranking was taken by Saudi Arabia ($2.8M), with a 9.8% share of total imports. It was followed by the Netherlands, with a 9.5% share.
From 2014 to 2024, the average annual growth rate of value from India totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+9.7% per year) and the Netherlands (+5.9% per year).
Import Prices by Country
In 2024, the salt price stood at $44 per ton (CIF, Qatar), with a decrease of -5.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of 31%. Over the period under review, average import prices attained the peak figure at $46 per ton in 2023, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was India ($43 per ton), while the price for Saudi Arabia stood at $23 per ton.
From 2014 to 2024, the most notable rate of growth in terms of prices was attained by India (+2.1%).
This report provides an in-depth analysis of the salt market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 08931000 - Salt (including denatured salt but excluding salt suitable for human consumption) and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents
- Prodcom 10843000 - Salt suitable for human consumption
Country coverage:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
