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Australia and Oceania - Salt - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania: Salt Market Overview 2020

Salt Market Size in Australia and Oceania

In 2019, the salt market in Australia and Oceania increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed resilient growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2014 to 2019, the growth of the market remained at a somewhat lower figure.

Production By Country in Australia and Oceania

Guam (X kg) remains the largest salt producing country in Australia and Oceania, accounting for X% of total volume.

In Guam, salt production contracted by an average annual rate of -X% over the period from 2007-2019.

Salt Exports

Exports in Australia and Oceania

Salt exports reduced notably to X tonnes in 2019, waning by -X% on the year before. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2018, and then fell notably in the following year.

In value terms, salt exports rose modestly to $X in 2019. Total exports indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2019 and are expected to retain growth in the immediate term.

Exports by Country

New Zealand was the largest exporter of salt and pure sodium chloride in Australia and Oceania, with the volume of exports resulting at X tonnes, which was near X% of total exports in 2019. It was distantly followed by Australia (X tonnes), generating an X% share of total exports.

New Zealand was also the fastest-growing in terms of the salt and pure sodium chloride exports, with a CAGR of +X% from 2007 to 2019. Australia experienced a relatively flat trend pattern. While the share of New Zealand (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest salt supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports.

In New Zealand, salt exports increased at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

In 2019, the salt export price in Australia and Oceania amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked in 2019 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2019, the country with the highest price was Australia ($X per tonne), while New Zealand stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand.

Salt Imports

Imports in Australia and Oceania

In 2019, overseas purchases of salt and pure sodium chloride increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, imports saw a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2014 to 2019, the growth imports remained at a lower figure.

In value terms, salt imports reached $X in 2019. Overall, imports posted a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in the near future.

Imports by Country

New Zealand (X tonnes) and Australia (X tonnes) dominates salt imports structure, together constituting X% of total imports. It was distantly followed by Papua New Guinea (X tonnes), mixing up a X% share of total imports. Kiribati (X tonnes), Marshall Islands (X tonnes), Micronesia (Federated States of) (X tonnes) and Fiji (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Kiribati, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and Papua New Guinea ($X) were the countries with the highest levels of imports in 2019, together accounting for X% of total imports. Kiribati, Marshall Islands, Micronesia (Federated States of) and Fiji lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The salt import price in Australia and Oceania stood at $X per tonne in 2019, reducing by -X% against the previous year. Import price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, salt import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Papua New Guinea ($X per tonne), while Marshall Islands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Papua New Guinea, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in Australia and Oceania?
+
The countries with the highest volumes of salt consumption in 2019 were Australia (86K tonnes), New Zealand (72K tonnes) and Papua New Guinea (17K tonnes), together comprising 83% of total consumption. Kiribati, Marshall Islands, Micronesia (Federated States of) and Fiji lagged somewhat behind, together accounting for a further 11%.
What are the largest producers of salt and pure sodium chloride in Australia and Oceania?
+
The country with the largest volume of salt production was Guam (0 kg), comprising approx. 100% of total volume.
What are the leading exporters of salt and pure sodium chloride in Australia and Oceania?
+
In value terms, New Zealand ($14M) remains the largest salt supplier in Australia and Oceania, comprising 79% of total exports. The second position in the ranking was occupied by Australia ($3.7M), with a 20% share of total exports.
What are the leading importers of salt and pure sodium chloride in Australia and Oceania?
+
In value terms, the largest salt importing markets in Australia and Oceania were Australia ($21M), New Zealand ($13M) and Papua New Guinea ($4.3M), together comprising 87% of total imports. Kiribati, Marshall Islands, Micronesia (Federated States of) and Fiji lagged somewhat behind, together accounting for a further 6.4%.
What is the average export price for salt and pure sodium chloride in Australia and Oceania?
+
The salt export price in Australia and Oceania stood at $348 per tonne in 2019, jumping by 20% against the previous year.
What is the average import price for salt and pure sodium chloride in Australia and Oceania?
+
In 2019, the salt import price in Australia and Oceania amounted to $168 per tonne, reducing by -19.3% 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 Australia and Oceania. 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:
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam

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

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• 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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