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

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

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Salt Price in Chile - 2023

Contents:

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

Salt Price in Chile (FOB) - 2022

In 2022, the average salt export price amounted to $48 per ton, jumping by 159% against the previous year. Overall, the export price recorded a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($30 per ton), while the average price for exports to the United States ($16 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 Brazil (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Salt Price in Chile (CIF) - 2022

In 2022, the average salt import price amounted to $348 per ton, declining by -9.8% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $900 per ton. From 2014 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 the United States ($2,427 per ton), while the price for Denmark ($262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Salt Exports in Chile

In 2022, approx. 7.8M tons of salt and pure sodium chloride were exported from Chile; growing by 4.4% against 2021 figures. In general, exports, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

In value terms, salt exports soared to $375M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Salt in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States95.771.585.91032.5%
Brazil18.528.637.651.140.3%
Uruguay2.53.83.03.916.0%
Canada24.43.91.22.5-53.2%
Others8.08.510.8215199.5%
Total14911613937536.0%

Top Export Markets for Salt from Chile in 2022:

  1. United States (6.3M tons)
  2. Brazil (1.7M tons)
  3. Canada (0.1M tons)
  4. Uruguay (0.1M tons)

Salt Imports in Chile

In 2022, approx. 11K tons of salt and pure sodium chloride were imported into Chile; rising by 16% compared with 2021. The total import volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, salt imports totaled $3.9M in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Salt in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2554418861,33573.6%
Peru32140854671430.5%
Germany13023138952959.7%
New Zealand28232130740813.1%
Pakistan23715450833612.3%
Denmark383539273322-5.6%
Austria325303197203-14.5%
Others96964560638.2-66.0%
Total2,9023,0413,7113,88410.2%

Top Suppliers of Salt to Chile in 2022:

  1. Peru (2.6K tons)
  2. Brazil (2.1K tons)
  3. Germany (1.5K tons)
  4. Denmark (1.2K tons)
  5. New Zealand (1.2K tons)
  6. Austria (0.6K tons)
  7. Pakistan (0.4K tons)

Source: IndexBox Market Intelligence Platform

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

  • Chile

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Chile
  • 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
Store
Blog
Event
The Global Salt Market Starts to Recover as the Chemical Sector Sees Signs of Renewed Growth
Apr 2, 2021
Eye 790

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.

The U.S. Emerges as the Largest Importer of Salt and Pure Sodium Chloride in 2018
Jul 23, 2019
Eye 1833

The global salt market revenue amounted to $27.4B in 2018, growing by 11% against the previous year. This figure reflects ...

Salt Market - Chile’s Exports of Salt Grow at a Rapid Pace
Dec 2, 2016
Eye 2193

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.

Which Country Imports the Most Salts of Oxometallic and Peroxometallic Acids in the World?
Jul 26, 2018
Eye 989

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...

Which Country Imports the Most Salts of Inorganic Acids and Peroxoacids in the World?
Jul 26, 2018
Eye 753

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 ...

Which Country Exports the Most Salts of Oxometallic and Peroxometallic Acids in the World?
Jul 26, 2018
Eye 1453

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 ...

Which Country Exports the Most Salts of Inorganic Acids and Peroxoacids in the World?
Jul 26, 2018
Eye 1374

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...

Which Country Imports the Most Salt and Pure Sodium Chloride in the World?
May 28, 2018
Eye 1000

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- ...

Which Country Exports the Most Salt and Pure Sodium Chloride in the World?
May 28, 2018
Eye 1063

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- ...

Salt Market - Mexico’s Export Prices for Salt Surged 4.1 Percent A Year From 2007 to 2013
Apr 27, 2015
Eye 1879

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/

Free Data: Salt and Pure Sodium Chloride - Chile