EU - Salt - Market Analysis, Forecast, Size, Trends and Insights

EU: Salt Market Overview 2019

Salt Market Size in the EU

The revenue of the salt market in the European Union amounted to $X in 2017, standing approx. at the previous year. The total market indicated a temperate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the salt consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. In that year, the salt market attained their peak level of $X. From 2010 to 2017, growth of the salt market stood at a somewhat lower level.

Salt Production in the EU

In 2017, the amount of salt produced in the European Union totaled X tonnes, going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. The volume of salt production peaked in 2017, and is likely to see steady growth in the immediate term.

Salt Exports

Exports in the EU

In 2017, salt exports in the European Union totaled X tonnes, coming up by X% against the previous year. The total exports indicated a moderate expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the salt exports attained its peak figure volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, salt exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. In that year, the salt exports attained their peak level of $X. From 2014 to 2017, growth of the salt exports stood at a somewhat lower level.

Exports by Country

In 2017, the Netherlands (X tonnes) and Germany (X tonnes) were the key exporters of salt in the globe, together reaching near X% of total exports. It was distantly followed by Spain (X tonnes), generating X% share of total exports. Austria (X tonnes), Romania (X tonnes), Italy (X tonnes), Denmark (X tonnes), Poland (X tonnes) and the UK (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Austria, the UK, Denmark, Italy, Poland and Romania, which together accounted for a further X%.

In terms of the main exporting countries, Austria (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the salt export price in the European Union amounted to $X per tonne, shrinking by -X% against the previous year. The salt export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when the export prices increased by X% year-to-year. In that year, the export prices for salt reached their peak level of $X per tonne. From 2010 to 2017, growth of the export prices for salt failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per tonne), while Romania ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

Salt Imports

Imports in the EU

In 2017, approx. X tonnes of salt were imported in the European Union; coming up by X% against the previous year. The total imports indicated a pronounced increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the salt imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of imports peaked of X tonnes in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, salt imports stood at $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the salt imports increased by +X% against 2015 indices. Over the period under review, the salt imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, Germany (X tonnes), distantly followed by Belgium (X tonnes), Poland (X tonnes), Hungary (X tonnes), the UK (X tonnes), Sweden (X tonnes), Italy (X tonnes), the Czech Republic (X tonnes) and France (X tonnes) were the largest importers of salt, together mixed up X% of total imports. The following importers - Denmark (X tonnes), Finland (X tonnes) and Slovakia (X tonnes) each resulted at a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest salt markets worldwide were Germany ($X), Belgium ($X) and the UK ($X), with a combined X% share of total imports. France, Italy, Sweden, the Czech Republic, Poland, Hungary, Denmark, Slovakia and Finland lagged somewhat behind, together comprising a further X%.

Slovakia (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countriesover the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The salt import price in the European Union stood at $X per tonne in 2017, approximately mirroring the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014, when the import prices increased by X% y-o-y. In that year, the import prices for salt reached their peak level of $X per tonne. From 2015 to 2017, growth of the import prices for salt failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per tonne), while Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Slovakia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform