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India - Salt - Market Analysis, Forecast, Size, Trends and Insights
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India: Salt Market Overview 2021

Salt Market Size in India

The Indian salt market skyrocketed to $X in 2019, picking up by X% against the previous year. Over the period under review, consumption enjoyed prominent growth. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2019 and is likely to continue growth in the near future.

Salt Production in India

In value terms, salt production surged to $X in 2019 estimated in export prices. Overall, production showed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, production reached the maximum level in 2019 and is likely to see steady growth in the near future.

Salt Exports

Exports from India

Salt exports from India was estimated at X tonnes in 2019, with an increase of X% against 2018 figures. In general, exports recorded strong growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.

In value terms, salt exports stood at $X in 2019. Overall, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

China (X tonnes) was the main destination for salt exports from India, with a X% share of total exports. Moreover, salt exports to China exceeded the volume sent to the second major destination, South Korea (X tonnes), threefold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (+X% per year).

In value terms, China ($X) remains the key foreign market for salt exports from India, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2019, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2019, the average salt export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price, however, showed a abrupt setback. The growth pace was the most rapid in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Qatar ($X per tonne), while the average price for exports to Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced a decline.

Salt Imports

Imports into India

After four years of growth, supplies from abroad of salt and pure sodium chloride decreased by -X% to X tonnes in 2019. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2018, and then declined dramatically in the following year.

In value terms, salt imports shrank to $X in 2019. In general, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2019, Pakistan (X tonnes) constituted the largest supplier of salt to India, with a X% share of total imports. Moreover, salt imports from Pakistan exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Pakistan stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the UK (+X% per year).

In value terms, Pakistan ($X), China ($X) and the UK ($X) were the largest salt suppliers to India, with a combined X% share of total imports.

China (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average salt import price stood at $X per tonne in 2019, jumping by X% against the previous year. Over the period under review, import price indicated buoyant 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 increased by +X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in the world?
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The countries with the highest volumes of salt consumption in 2019 were China (77M tonnes), the U.S. (62M tonnes) and India (18M tonnes), with a combined 51% share of global consumption. Australia, Germany, Canada, Brazil, Mexico, France, the UK and Turkey lagged somewhat behind, together accounting for a further 22%.
What are the largest producers of salt and pure sodium chloride in the world?
+
The countries with the highest volumes of salt production in 2019 were China (69M tonnes), the U.S. (42M tonnes) and India (31M tonnes), with a combined 47% share of global production. Canada, Germany, Australia, Chile, Mexico, Brazil, Egypt, Turkey, France and the Netherlands lagged somewhat behind, together comprising a further 29%.
What are the leading suppliers of salt and pure sodium chloride to India?
+
In value terms, the largest salt suppliers to India were Pakistan ($1.9M), China ($1.2M) and the UK ($362K), together comprising 48% of total imports.
What are the leading importers of salt and pure sodium chloride from India?
+
In value terms, China ($84M) remains the key foreign market for salt exports from India, comprising 35% of total exports. The second position in the ranking was occupied by South Korea ($34M), with a 14% share of total exports. It was followed by Japan, with a 9.2% share.
What is the average export price for salt and pure sodium chloride in India?
+
In 2019, the average salt export price amounted to $18 per tonne, surging by 2.6% against the previous year.
What is the average import price for salt and pure sodium chloride in India?
+
The average salt import price stood at $117 per tonne in 2019, rising by 47% 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 India. 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:
• India

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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