
CIS - Salt - Market Analysis, Forecast, Size, Trends and Insights
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CIS: Salt Market 2022
Salt Market Size in CIS
In 2021, after two years of growth, there was significant decline in the CIS salt market, when its value decreased by -X% to $X. In general, consumption continues to indicate a pronounced decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.
Salt Production in CIS
In value terms, salt production shrank slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.
Production By Country in CIS
The countries with the highest volumes of in 2021 were Belarus (X tonnes), Russia (X tonnes) and Kazakhstan (X tonnes), together accounting for X% of total production.
From 2012 to 2021, the biggest increases were in Kazakhstan (with a CAGR of +X%), while production for the other leaders experienced mixed trends in the production figures.
Salt Exports
Exports in CIS
After two years of decline, shipments abroad of salt and pure sodium chloride increased by X% to X tonnes in 2021. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, salt exports surged to $X in 2021. Total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
Exports by Country
Belarus dominates exports structure, accounting for X tonnes, which was approx. X% of total exports in 2021. Russia (X tonnes) followed a long way behind the leaders.
Exports from Belarus increased at an average annual rate of +X% from 2012 to 2021. At the same time, Russia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2012-2021. percentage points. Belarus (-X p.p.) saw their shares reduced.
In value terms, Belarus ($X) remains the largest salt supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with an X% share of total exports.
In Belarus, salt exports increased at an average annual rate of +X% over the period from 2012-2021.
Export Prices by Country
The export price in the CIS stood at $X per tonne in 2021, which is down by -X% against the previous year. In general, the export price showed a pronounced setback. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2020, and then reduced markedly in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per tonne), while Belarus stood at $X per tonne.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-X%).
Salt Imports
Imports in CIS
Salt imports amounted to X tonnes in 2021, with an increase of X% on the previous year's figure. Overall, imports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2014 to 2021, the growth imports remained at a somewhat lower figure.
In value terms, salt imports reached $X in 2021. In general, imports, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports remained at a lower figure.
Imports by Country
Russia prevails in imports structure, recording X tonnes, which was near X% of total imports in 2021. Kazakhstan (X tonnes), Moldova (X tonnes) and Azerbaijan (X tonnes) followed a long way behind the leaders.
Imports into Russia decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Kazakhstan (+X%) and Azerbaijan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. By contrast, Moldova (-X%) illustrated a downward trend over the same period. Kazakhstan (+X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Russia ($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.
In Russia, salt imports decreased by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Moldova (-X% per year).
Import Prices by Country
The import price in the CIS stood at $X per tonne in 2021, reducing by -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Kazakhstan ($X per tonne), while Russia ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+X%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the salt market in CIS. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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