
EU - Salt - Market Analysis, Forecast, Size, Trends and Insights
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EU: Salt Market 2022
Salt Market Size in the EU
The EU salt market reduced slightly to $X in 2021, approximately mirroring the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Salt Production in the EU
In value terms, salt production dropped to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020, and then reduced in the following year.
Production By Country in the EU
The country with the largest volume of salt production was Germany (X tonnes), comprising approx. X% of total volume. Moreover, salt production in Germany exceeded the figures recorded by the second-largest producer, France (X tonnes), threefold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.
From 2012 to 2021, the average annual growth rate of volume in Germany was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: France (+X% per year) and the Netherlands (+X% per year).
Salt Exports
Exports in the EU
In 2021, exports of salt and pure sodium chloride in the European Union skyrocketed to X tonnes, with an increase of X% against 2020 figures. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.
In value terms, salt exports surged to $X in 2021. Total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked in 2021 and is expected to retain growth in the near future.
Exports by Country
In 2021, the Netherlands (X tonnes) and Germany (X tonnes) represented the main exporters of salt and pure sodium chloride in the European Union, together reaching near X% of total exports. It was distantly followed by Spain (X tonnes), creating a X% share of total exports. The following exporters - Romania (X tonnes), Denmark (X tonnes), Poland (X tonnes) and Belgium (X tonnes) - together made up X% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Denmark (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of exports in 2021, together accounting for X% of total exports.
Among the main exporting countries, Spain, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in the European Union stood at $X per tonne in 2021, surging by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per tonne), while Romania ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the other leaders experienced more modest paces of growth.
Salt Imports
Imports in the EU
In 2021, after two years of decline, there was significant growth in overseas purchases of salt and pure sodium chloride, when their volume increased by X% to X tonnes. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid 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 lower figure.
In value terms, salt imports surged to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.
Imports by Country
Germany (X tonnes) and Belgium (X tonnes) represented roughly X% of total imports in 2021. It was distantly followed by Poland (X tonnes), Hungary (X tonnes), Italy (X tonnes), France (X tonnes), the Netherlands (X tonnes), the Czech Republic (X tonnes) and Sweden (X tonnes), together achieving a X% share of total imports. The following importers - Finland (X tonnes), Lithuania (X tonnes), Denmark (X tonnes) and Austria (X tonnes) - each amounted to a X% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Belgium ($X) and France ($X) were the countries with the highest levels of imports in 2021, together comprising X% of total imports. These countries were followed by the Netherlands, Italy, the Czech Republic, Poland, Sweden, Hungary, Austria, Finland, Denmark and Lithuania, which together accounted for a further X terms of the main importing countries, Poland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in the European Union stood at $X per tonne in 2021, dropping by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne, and then declined slightly in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per tonne), while Lithuania ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the salt market in the EU. 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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