Report Update Nov 1, 2024

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

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Ukraine: Salt Market 2024

Salt Market Size in Ukraine

The Ukrainian salt market soared to $X in 2022, rising by 86% against the previous year. Over the period under review, consumption, however, saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Salt Production in Ukraine

In value terms, salt production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Salt production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Salt Exports

Exports from Ukraine

In 2022, the amount of salt and pure sodium chloride exported from Ukraine contracted dramatically to X tons, falling by -83.9% against the previous year. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, salt exports contracted significantly to $X in 2022. Overall, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Hungary (X tons) and Romania (X tons) were the main destinations of salt exports from Ukraine, together accounting for 87% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +2.1%), while shipments for the other leaders experienced a decline.

In value terms, Poland ($X), Hungary ($X) and Romania ($X) appeared to be the largest markets for salt exported from Ukraine worldwide, with a combined 77% share of total exports.

Among the main countries of destination, Hungary, with a CAGR of -2.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average salt export price stood at $X per ton in 2022, falling by -9.9% against the previous year. Overall, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2020 an increase of 45%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Hungary ($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 Russia (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Ukraine

In 2022, purchases abroad of salt and pure sodium chloride increased by 186% to X tons, rising for the sixth year in a row after three years of decline. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, salt imports surged to $X in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Romania (X tons) and Poland (X tons) were the main suppliers of salt imports to Ukraine, with a combined 66% share of total imports. Belarus, Egypt, Germany and Morocco lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +527.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest salt suppliers to Ukraine were Turkey ($X), Romania ($X) and Poland ($X), together comprising 68% of total imports. Egypt, Germany, Belarus and Morocco lagged somewhat behind, together comprising a further 22%.

Among the main suppliers, Egypt, with a CAGR of +707.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average salt import price amounted to $X per ton, picking up by 149% against the previous year. In general, the import price saw prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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 comprising 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, together comprising 45% of global production. Mexico, Germany, Australia, Canada, Chile, Brazil, France, Turkey, the Netherlands and the UK lagged somewhat behind, together accounting for a further 31%.

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

In value terms, Belarus constituted the largest supplier of salt to Ukraine, comprising 68% of total imports. The second position in the ranking was occupied by Turkey, with a 14% share of total imports.

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

In value terms, the largest markets for salt exported from Ukraine were Poland, Hungary and Romania, together comprising 72% of total exports.

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

The average salt export price stood at $40 per ton in 2021, which is down by -7.9% against the previous year.

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

The average salt import price stood at $90 per ton in 2021, with a decrease of -11.2% against the previous year.

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

Ukraine

Data coverage:

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