CIS: Salt Market Overview 2020

Salt Market Size in CIS

The CIS salt market reduced modestly to $X in 2019, waning by -X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Salt Production in CIS

In value terms, salt production shrank slightly to $X in 2019 estimated in export prices. In general, production continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Production By Country in CIS

Belarus (X tonnes) remains the largest salt producing country in the CIS, comprising approx. X% of total volume. Moreover, salt production in Belarus exceeded the figures recorded by the second-largest producer, Kazakhstan (X tonnes), twofold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

In Belarus, salt production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Kazakhstan (+X% per year) and Russia (-X% per year).

Salt Exports

Exports in CIS

In 2019, salt exports in the CIS rose markedly to X tonnes, growing by X% compared with the previous year's figure. Overall, exports posted a resilient increase. The growth pace was the most rapid in 2010 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.

In value terms, salt exports expanded rapidly to $X in 2019. In general, exports saw a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked in 2019 and is likely to continue growth in the immediate term.

Exports by Country

Belarus represented the largest exporter of salt and pure sodium chloride in the CIS, with the volume of exports amounting to X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by Kazakhstan (X tonnes), generating a X% share of total exports. Russia (X tonnes) followed a long way behind the leaders.

Exports from Belarus increased at an average annual rate of +X% from 2007 to 2019. At the same time, Kazakhstan (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2007-2019. While the share of Belarus (+X p.p.), Kazakhstan (+X p.p.) and Russia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest salt supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

In Belarus, salt exports increased at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Russia (+X% per year).

Export Prices by Country

The salt export price in the CIS stood at $X per tonne in 2019, stabilizing at the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

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

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

Salt Imports

Imports in CIS

In 2019, overseas purchases of salt and pure sodium chloride increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. Total imports indicated measured growth from 2007 to 2019: its volume 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, imports decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, salt imports rose sharply to $X in 2019. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

Russia dominates salt imports structure, resulting at X tonnes, which was approx. X% of total imports in 2019. Moldova (X tonnes), Kazakhstan (X tonnes) and Belarus (X tonnes) took a little share of total imports.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2019. At the same time, Moldova (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2007-2019. By contrast, Belarus (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.) and Moldova (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported salt and pure sodium chloride in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Russia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Moldova (+X% per year).

Import Prices by Country

The salt import price in the CIS stood at $X per tonne in 2019, growing 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 2008 when the import price increased by X% y-o-y. Over the period under review, import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2019, 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 Kazakhstan ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belarus, 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 the CIS?

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Russia (2M tonnes) constituted the country with the largest volume of salt consumption, accounting for 63% of total volume. Moreover, salt consumption in Russia exceeded the figures recorded by the second-largest consumer, Kazakhstan (725K tonnes), threefold. The third position in this ranking was occupied by Belarus (197K tonnes), with a 6.2% share.

What are the largest producers of salt and pure sodium chloride in the CIS?

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Belarus (2.8M tonnes) constituted the country with the largest volume of salt production, comprising approx. 58% of total volume. Moreover, salt production in Belarus exceeded the figures recorded by the second-largest producer, Kazakhstan (1.2M tonnes), twofold. Russia (634K tonnes) ranked third in terms of total production with a 13% share.

What are the leading exporters of salt and pure sodium chloride in the CIS?

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In value terms, Belarus ($96M) remains the largest salt supplier in the CIS, comprising 72% of total exports. The second position in the ranking was occupied by Kazakhstan ($24M), with a 18% share of total exports.

What are the leading importers of salt and pure sodium chloride in the CIS?

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In value terms, Russia ($81M) constitutes the largest market for imported salt and pure sodium chloride in the CIS, comprising 81% of total imports. The second position in the ranking was occupied by Kazakhstan ($6.4M), with a 6.5% share of total imports. It was followed by Moldova, with a 3.4% share.

What is the average export price for salt and pure sodium chloride in the CIS?

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In 2019, the salt export price in the CIS amounted to $40 per tonne, standing approx. at the previous year.

What is the average import price for salt and pure sodium chloride in the CIS?

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The salt import price in the CIS stood at $60 per tonne in 2019, picking up by 4.7% against the previous year.