World - Salt - Market Analysis, Forecast, Size, Trends and Insights
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Salt market: discover the most recent data featured by an Ai-driven market research tool. Info include imports, market prices, exports, consumption, market size, production, companies, and trade. Here is a breakdown by country, including EU, Russia, Africa, the U.K., China, the U.S., the Middle East, and Latin America. Market dynamics and forecast to 2030 are also provided in the dashboards.
Salt - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | Australia |
| 4 | France |
| 5 | Germany |
In value terms, the largest salt markets worldwide were the United States, China and Australia, with a combined 52% share of the global market. These countries were followed by France, Germany, the UK, India, Turkey, Japan, Canada and Brazil, which together accounted for a further 17%.
India recorded the highest growth rate of market size, among the main consuming countries over the period under review, while salt market for the other global leaders experienced more modest paces of growth.
Salt Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Mexico | 32 | 37 | 15 | -31.5% |
| Chile | 21 | 17 | 19 | -4.9% |
| Brazil | 23 | 25 | 21 | -4.4% |
| India | 32 | 35 | 35 | 4.6% |
| Canada | 50 | 40 | 39 | -11.7% |
| Tunisia | 48 | 48 | 43 | -5.4% |
| Belarus | 36 | 45 | 53 | 21.3% |
| China | 67 | 66 | 66 | -0.7% |
| Netherlands | 71 | 68 | 72 | 0.7% |
| Germany | 67 | 61 | 73 | 4.4% |
| Spain | 73 | 83 | 136 | 36.5% |
| United States | 188 | 162 | 169 | -5.2% |
| Average | 54 | 54 | 52 | -2.4% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($169 per ton), while Mexico ($15 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Belgium | 81 | 79 | 140 | 31.5% |
| Canada | 38 | 36 | 87 | 51.3% |
| Germany | 74 | 70 | 81 | 4.6% |
| Norway | 70 | 66 | 67 | -2.2% |
| Russia | 42 | 61 | 57 | 16.5% |
| Taiwan (Chinese) | 49 | 51 | 53 | 4.0% |
| Japan | 38 | 43 | 42 | 5.1% |
| South Korea | 33 | 41 | 41 | 11.5% |
| China | 38 | 38 | 36 | -2.7% |
| Indonesia | 32 | 37 | 36 | 6.1% |
| Brazil | 29 | 29 | 29 | 0.0% |
| United States | 32 | 32 | 28 | -6.5% |
| Average | 50 | 51 | 53 | 2.2% |
Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($140 per ton), while the United States ($28 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada (+51.3% per year), while the other global leaders experienced more modest paces of growth.
Salt - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.5 | 0.5 | 0.7 | 19.0% |
| China | 0.4 | 0.3 | 0.3 | -5.4% |
| Japan | 0.3 | 0.3 | 0.3 | 2.8% |
| Germany | 0.2 | 0.2 | 0.2 | -6.4% |
| Belgium | 0.1 | 0.1 | 0.2 | 17.6% |
In value terms, the United States ($688M) constitutes the largest market for imported salt and pure sodium chloride worldwide, comprising 17% of global imports. The second position in the ranking was occupied by China ($317M), with a 8% share of global imports. It was followed by Japan, with a 7.5% share.
In the United States, salt imports expanded at an average annual rate of +19.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (-5.4% per year) and Japan (+2.8% per year).
Salt - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| India | 0.4 | 0.4 | 0.3 | -8.8% |
| Netherlands | 0.3 | 0.3 | 0.3 | -7.0% |
| Germany | 0.3 | 0.3 | 0.2 | -1.5% |
| Canada | 0.2 | 0.2 | 0.2 | 17.3% |
| Mexico | 0.2 | 0.3 | 0.2 | -5.0% |
In value terms, India ($304M), the Netherlands ($276M) and Germany ($247M) constituted the countries with the highest levels of exports in 2020, together accounting for 27% of global exports. Canada, Mexico, the United States, Spain, Chile, China, Belarus, Tunisia and Brazil lagged somewhat behind, together accounting for a further 37%.
Brazil recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Salt - Market Forecast
Driven by increasing demand for salt worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Salt - Product Coverage
- HS 2501 - Salt (including table salt and denatured salt); pure sodium chloride whether or not in aqueous solution; sea water
This report provides an in-depth analysis of the global salt market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
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
-
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
-
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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
712
In 2020, the global salt market experienced a decline, following a drop in output in the consumer industries. Despite this, a stable growth in the demand for salt is expected in the future from the chemical and food sectors; the increasing use of salt in alternative energy is also a factor.
1779
The global salt market revenue amounted to $27.4B in 2018, growing by 11% against the previous year. This figure reflects ...
2129
From 2007 to 2015, global salt exports exhibited a pronounced growth trend, with the exception of minor declines in 2012 and 2015. Exports amounted to X million USD in 2015. There was an annual increase of +X% throughout the analyzed period.
936
In value terms, salts of oxometallic and peroxometallic acids imports totaled $X in 2016. Overall, it indicated a moderate increase from 2007 to 2016: the total imports value decreased at an averag...
699
In value terms, salts of inorganic acids and peroxoacids imports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ...
1389
In value terms, salts of oxometallic and peroxometallic acids exports amounted to $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an ...
1324
In value terms, salts of inorganic acids and peroxoacids exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annu...
954
In 2016, approx. X tons of salt were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
998
In 2016, approx. X tons of salt were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
1821
In 2013, the average Mexico's export price for salt and pure sodium chloride stood at X USD per ton. Export prices varied considerably by country of destination. Belize (X USD/tonne), El Salvador (X USD/tonne) and Guatemala (X USD/
