Kazakhstan: Salt Market 2024

Salt Market Size in Kazakhstan

The Kazakh salt market rose modestly to $X in 2022, growing by 1.7% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -11.5% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Salt Production in Kazakhstan

In value terms, salt production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.3% against 2018 indices. The growth pace was the most rapid in 2017 when the production volume increased by 21% against the previous year. Salt production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Salt Exports

Exports from Kazakhstan

In 2022, approx. X tons of salt and pure sodium chloride were exported from Kazakhstan; picking up by 159% compared with 2021 figures. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, salt exports soared to $X in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for salt exports from Kazakhstan, accounting for a 85% share of total exports. Moreover, salt exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), more than tenfold. The third position in this ranking was held by Latvia (X tons), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +32.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+257,264.3% per year) and Latvia (+352.9% per year).

In value terms, Russia ($X) remains the key foreign market for salt and pure sodium chloride exports from Kazakhstan, comprising 99% of total exports. The second position in the ranking was taken by Belarus ($X), with a 0.1% share of total exports. It was followed by Latvia, with a 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+366,192.3% per year) and Latvia (+419.4% per year).

Export Prices by Country

In 2022, the average salt export price amounted to $X per ton, shrinking by -12% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price 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 2022 figures, salt export price decreased by -38.1% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 64%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+41.6%), while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Kazakhstan

In 2022, supplies from abroad of salt and pure sodium chloride decreased by -7.6% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 30% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, salt imports expanded modestly to $X in 2022. Over the period under review, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2016 when imports increased by 62% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest salt supplier to Kazakhstan, accounting for a 63% share of total imports. Moreover, salt imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold. The third position in this ranking was taken by Uzbekistan (X tons), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+15.6% per year) and Uzbekistan (+10.1% per year).

In value terms, Russia ($X) constituted the largest supplier of salt and pure sodium chloride to Kazakhstan, comprising 55% of total imports. The second position in the ranking was taken by Belarus ($X), with a 26% share of total imports. It was followed by Uzbekistan, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+17.7% per year) and Uzbekistan (+7.7% per year).

Import Prices by Country

In 2022, the average salt import price amounted to $X per ton, increasing by 13% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 24%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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