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Asia-Pacific - Salt - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Salt Market Overview 2020

Salt Market Size in Asia-Pacific

In 2019, the Asia-Pacific salt market increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Salt Production in Asia-Pacific

In value terms, salt production rose significantly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. The level of production peaked in 2019 and is likely to see steady growth in years to come.

Production By Country in Asia-Pacific

The country with the largest volume of salt production was China (X tonnes), comprising approx. X% of total volume. Moreover, salt production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), fivefold. The third position in this ranking was occupied by Pakistan (X tonnes), with a X% share.

In China, salt production remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: India (+X% per year) and Pakistan (+X% per year).

Salt Exports

Exports in Asia-Pacific

For the fifth year in a row, Asia-Pacific recorded growth in overseas shipments of salt and pure sodium chloride, which increased by X% to X tonnes in 2019. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2019 and are likely to see steady growth in the near future.

In value terms, salt exports amounted to $X in 2019. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure in 2019 and are expected to retain growth in the near future.

Exports by Country

In 2019, India (X tonnes) represented the main exporter of salt and pure sodium chloride, committing X% of total exports. It was distantly followed by China (X tonnes), comprising an X% share of total exports. Pakistan (X tonnes) took a little share of total exports.

India was also the fastest-growing in terms of the salt and pure sodium chloride exports, with a CAGR of +X% from 2007 to 2019. At the same time, Pakistan (+X%) and China (+X%) displayed positive paces of growth. While the share of India (+X p.p.), China (+X p.p.) and Pakistan (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest salt supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in India totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+X% per year) and Pakistan (+X% per year).

Export Prices by Country

In 2019, the salt export price in Asia-Pacific amounted to $X per tonne, growing by X% against the previous year. In general, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced mixed trends in the export price figures.

Salt Imports

Imports in Asia-Pacific

In 2019, supplies from abroad of salt and pure sodium chloride increased by X% to X tonnes, rising for the third year in a row after three years of decline. Total imports indicated pronounced growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are likely to see gradual growth in the immediate term.

In value terms, salt imports rose sharply to $X in 2019. Total imports indicated a temperate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

China represented the major importing country with an import of around X tonnes, which finished at X% of total imports. Japan (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by South Korea (X%), Indonesia (X%) and Taiwan, Chinese (X%). The following importers - Viet Nam (X tonnes) and the Philippines (X tonnes) - each amounted to a X% share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2019. At the same time, Viet Nam (+X%), Indonesia (+X%), the Philippines (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2019. By contrast, Japan (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Indonesia (+X p.p.), South Korea (+X p.p.) and Viet Nam (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Taiwan, Chinese (-X p.p.) and Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported salt and pure sodium chloride in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In China, salt imports increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

The salt import price in Asia-Pacific stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The level of import peaked at $X per tonne in 2010; however, from 2011 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was the Philippines ($X per tonne), while Taiwan, Chinese ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in Asia-Pacific?
+
China (77M tonnes) constituted the country with the largest volume of salt consumption, accounting for 77% of total volume. Moreover, salt consumption in China exceeded the figures recorded by the second-largest consumer, Japan (5.1M tonnes), more than tenfold. South Korea (4.4M tonnes) ranked third in terms of total consumption with a 4.4% share.
What are the largest producers of salt and pure sodium chloride in Asia-Pacific?
+
The country with the largest volume of salt production was China (68M tonnes), comprising approx. 77% of total volume. Moreover, salt production in China exceeded the figures recorded by the second-largest producer, India (14M tonnes), fivefold. Pakistan (2.7M tonnes) ranked third in terms of total production with a 3% share.
What are the leading suppliers of salt and pure sodium chloride in Asia-Pacific?
+
In value terms, India ($237M) remains the largest salt supplier in Asia-Pacific, comprising 51% of total exports. The second position in the ranking was occupied by China ($117M), with a 25% share of total exports.
What are the leading importers of salt and pure sodium chloride in Asia-Pacific?
+
In value terms, China ($419M) constitutes the largest market for imported salt and pure sodium chloride in Asia-Pacific, comprising 41% of total imports. The second position in the ranking was occupied by South Korea ($167M), with a 16% share of total imports. It was followed by Indonesia, with a 9.4% share.
What is the average export price for salt and pure sodium chloride in Asia-Pacific?
+
The salt export price in Asia-Pacific stood at $30 per tonne in 2019, picking up by 2.1% against the previous year.
What is the average import price for salt and pure sodium chloride in Asia-Pacific?
+
The salt import price in Asia-Pacific stood at $37 per tonne in 2019, picking up by 2.5% against the previous year.

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

This report provides an in-depth analysis of the salt market in Asia-Pacific. 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 2025.


Country coverage:
• Afghanistan
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Sri Lanka
• Taiwan, Chinese
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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