Report Update Nov 1, 2024

Argentina - Salt - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Salt Market 2024

Salt Market Size in Argentina

The Argentinian salt market declined to $X in 2022, waning by -11% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then declined in the following year.

Salt Production in Argentina

In value terms, salt production dropped to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 42%. As a result, production attained the peak level of $X, and then dropped in the following year.

Salt Exports

Exports from Argentina

In 2022, salt exports from Argentina skyrocketed to X tons, increasing by 81% against 2021. In general, exports, however, showed a deep setback. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, salt exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X tons) was the main destination for salt exports from Argentina, with a 85% share of total exports. Moreover, salt exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay amounted to -11.0%.

In value terms, the largest markets for salt exported from Argentina were Uruguay ($X) and Paraguay ($X).

Uruguay, with a CAGR of -0.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average salt export price amounted to $X per ton, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 39%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Paraguay totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+1.5%).

Salt Imports

Imports into Argentina

In 2022, after four years of decline, there was significant growth in supplies from abroad of salt and pure sodium chloride, when their volume increased by 23% to X tons. Over the period under review, imports showed a moderate increase. The pace of growth appeared the most rapid in 2017 with an increase of 218% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, salt imports surged to $X in 2022. In general, imports showed buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 151% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) was the main supplier of salt to Argentina, accounting for a approx. 96% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Chile stood at +4.7%.

In value terms, Chile ($X) constituted the largest supplier of salt and pure sodium chloride to Argentina.

From 2012 to 2022, the average annual growth rate of value from Chile stood at +5.8%.

Import Prices by Country

The average salt import price stood at $X per ton in 2022, picking up by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +1.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 48% of global consumption.

What are the largest producers of salt and pure sodium chloride in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 45% share of global production. These countries were followed by Mexico, Germany, Australia, Canada, Chile, Brazil, France, Turkey, the Netherlands and the UK, which together accounted for a further 31%.

What are the leading suppliers of salt and pure sodium chloride to Argentina?

In value terms, the largest salt suppliers to Argentina were Chile, Denmark and Germany, together accounting for 73% of total imports. These countries were followed by Pakistan, Austria, the United States and Brazil, which together accounted for a further 18%.

What are the leading importers of salt and pure sodium chloride from Argentina?

In value terms, Paraguay remains the key foreign market for salt exports from Argentina, comprising 70% of total exports. The second position in the ranking was occupied by Uruguay, with a 15% share of total exports. It was followed by South Korea, with a 2.5% share.

What is the average export price for salt and pure sodium chloride in Argentina?

In 2021, the average salt export price amounted to $420 per ton, with an increase of 4% against the previous year.

What is the average import price for salt and pure sodium chloride in Argentina?

In 2021, the average salt import price amounted to $312 per ton, shrinking by -23% against the previous year.

This report provides an in-depth analysis of the salt market in Argentina. 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:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023