Austria - Salt - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Salt Price in Austria - 2023

Contents:

  1. Salt Price in Austria (CIF) - 2023
  2. Salt Price in Austria (FOB) - 2022
  3. Salt Imports in Austria
  4. Salt Exports in Austria

Salt Price in Austria (CIF) - 2023

The average salt import price stood at $264 per ton in August 2023, declining by -29.1% against the previous month. In general, the import price, however, recorded a pronounced increase. The most prominent rate of growth was recorded in November 2022 an increase of 48% month-to-month. The import price peaked at $373 per ton in July 2023, and then plummeted in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($1,273 per ton), while the price for the Czech Republic ($144 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Salt Price in Austria (FOB) - 2022

The average salt export price stood at $112 per ton in 2021, reducing by -7% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 33% against the previous year. The export price peaked at $136 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($862 per ton), while the average price for exports to Slovakia ($97 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+35.2%), while the prices for the other major destinations experienced mixed trend patterns.

Salt Imports in Austria

In 2022, the amount of salt and pure sodium chloride imported into Austria contracted notably to 263K tons, falling by -19% against the previous year. Over the period under review, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports reached the peak of 325K tons, and then fell rapidly in the following year.

In value terms, salt imports dropped to $47M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports attained the peak of $49M, and then fell slightly in the following year.

Import of Salt in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.719.126.922.710.8%
France1.40.82.98.985.2%
Belgium0.30.61.14.1139.1%
Netherlands4.80.91.91.0-40.7%
Poland1.50.81.71.0-12.6%
Czech Republic0.30.30.20.626.0%
Others12.710.014.38.4-12.9%
Total37.732.549.046.77.4%

Top Suppliers of Salt to Austria in 2022:

  1. Germany (176.2K tons)
  2. France (43.3K tons)
  3. Belgium (18.0K tons)
  4. Netherlands (9.2K tons)
  5. Czech Republic (4.3K tons)
  6. Poland (3.9K tons)

Salt Exports in Austria

In 2022, approx. 44K tons of salt and pure sodium chloride were exported from Austria; surging by 18% on 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 68% against the previous year. As a result, the exports attained the peak of 51K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, salt exports skyrocketed to $5.1M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 81% against the previous year. As a result, the exports reached the peak of $6.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Salt in Austria (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Slovakia3.25.33.54.6%
ItalyN/AN/A0.30%
Others0.20.80.322.5%
Total3.46.14.19.8%

Top Export Markets for Salt from Austria in 2022:

  1. Slovakia (35.8K tons)
  2. Italy (0.7K tons)

Source: IndexBox Market Intelligence Platform

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

  • Austria

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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