Report Update: Apr 1, 2024

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

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Salt Price in Sweden - 2023

Salt Price in Sweden (CIF) - 2022

The average salt import price stood at $126 per ton in 2022, picking up by 14% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salt import price increased by +71.0% against 2015 indices. The growth pace was the most rapid in 2020 an increase of 18%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($140 per ton), while the price for Italy ($49 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Salt Price in Sweden (FOB) - 2023

The average salt export price stood at $793 per ton in August 2023, waning by -42% against the previous month. Overall, the export price continues to indicate a slight reduction. The growth pace was the most rapid in July 2023 when the average export price increased by 261% against the previous month. As a result, the export price attained the peak level of $1,367 per ton, and then shrank sharply in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,474 per ton), while the average price for exports to Lithuania ($153 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+0.1%), while the prices for the other major destinations experienced a decline.

Salt Imports in Sweden

For the third year in a row, Sweden recorded decline in supplies from abroad of salt and pure sodium chloride, which decreased by -1.4% to 547K tons in 2022. In general, imports continue to indicate a deep reduction. The smallest decline of -0.8% was in 2021.

In value terms, salt imports rose markedly to $69M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Salt in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	11.5	15.9	17.9	19.9	20.1%
Germany	21.7	16.3	17.4	14.8	-12.0%
Netherlands	12.1	8.3	7.9	14.4	6.0%
France	1.3	1.7	1.1	1.7	9.4%
Egypt	0.7	0.4	0.5	1.4	26.0%
Tunisia	0.8	N/A	N/A	1.3	17.6%
Italy	2.9	1.6	0.6	1.1	-27.6%
Others	11.2	12.3	16.1	14.2	8.2%
Total	62.2	56.6	61.4	68.7	3.4%

Top Suppliers of Salt to Sweden in 2022:

Denmark (179.1K tons)
Germany (174.6K tons)
Netherlands (102.8K tons)
Italy (23.3K tons)
Egypt (19.9K tons)
Tunisia (16.2K tons)
France (12.3K tons)

Salt Exports in Sweden

Salt exports from Sweden surged to 9.9K tons in 2022, growing by 20% against the previous year's figure. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, salt exports fell to $7.3M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports attained the peak of $8M, and then shrank in the following year.

Export of Salt in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	2,246	1,775	3,000	2,508	3.7%
Finland	1,312	1,380	1,702	1,655	8.0%
Denmark	858	1,130	1,175	1,314	15.3%
Czech Republic	582	712	529	665	4.5%
Iceland	59.6	98.2	112	152	36.6%
Netherlands	0.7	4.6	34.2	68.2	360.1%
Germany	127	114	66.5	64.5	-20.2%
Poland	56.5	43.2	43.3	18.2	-31.4%
Others	1,330	1,285	1,375	818	-15.0%
Total	6,571	6,541	8,038	7,263	3.4%

Top Export Markets for Salt from Sweden in 2022:

Norway (3.4K tons)
Finland (2.4K tons)
Denmark (2.2K tons)
Czech Republic (0.5K tons)
Netherlands (0.2K tons)
Iceland (0.2K tons)
Poland (0.1K tons)
Germany (0.1K tons)

Source: IndexBox Market Intelligence Platform

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

Sweden

Data coverage:

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