Indonesia: Salt Market Overview 2021

Salt Market Size in Indonesia

For the fourth consecutive year, the Indonesian salt market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, the total consumption indicated perceptible growth from 2007 to 2019: its value 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, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.

Salt Production in Indonesia

In value terms, salt production stood at $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.

Salt Exports

Exports from Indonesia

In 2019, the amount of salt and pure sodium chloride exported from Indonesia contracted to X tonnes, dropping by -X% on the previous year. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2013 to 2019, the growth exports failed to regain the momentum.

In value terms, salt exports fell dramatically to $X in 2019. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Timor-Leste (X tonnes), Japan (X tonnes) and Singapore (X tonnes) were the main destinations of salt exports from Indonesia, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for salt exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Timor-Leste ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Timor-Leste (+X% per year) and Japan (-X% per year).

Export Prices by Country

The average salt export price stood at $X per tonne in 2019, waning by -X% against the previous year. Overall, export price indicated perceptible 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 export price increased by +X% against 2013 indices. The growth pace was the most rapid in 2016 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Japan ($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 Japan, while the prices for the other major destinations experienced a decline.

Salt Imports

Imports into Indonesia

In 2019, approx. X tonnes of salt and pure sodium chloride were imported into Indonesia; surging by X% compared with the previous year. In general, total imports indicated a prominent increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see steady growth in the immediate term.

In value terms, salt imports rose slightly to $X in 2019. Over the period under review, total imports indicated temperate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Australia (X tonnes) constituted the largest salt supplier to Indonesia, with a X% share of total imports. Moreover, salt imports from Australia exceeded the figures recorded by the second-largest supplier, India (X tonnes), sevenfold.

From 2007 to 2019, the average annual growth rate of volume from Australia stood at +X%.

In value terms, Australia ($X) constituted the largest supplier of salt to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Australia totaled +X%.

Import Prices by Country

In 2019, the average salt import price amounted to $X per tonne, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for Australia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India.

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), together comprising 51% of global consumption. These countries were followed by Australia, Germany, Canada, Brazil, Mexico, France, the UK and Turkey, which together accounted for a further 22%.

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

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The countries with the highest volumes of salt production in 2019 were China (69M tonnes), the U.S. (42M tonnes) and India (31M tonnes), together comprising 47% of global production. Canada, Germany, Australia, Chile, Mexico, Brazil, Egypt, Turkey, France and the Netherlands lagged somewhat behind, together accounting for a further 29%.

What are the leading suppliers of salt and pure sodium chloride to Indonesia?

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In value terms, Australia ($72M) constituted the largest supplier of salt to Indonesia, comprising 76% of total imports. The second position in the ranking was occupied by India ($20M), with a 21% share of total imports.

What are the leading importers of salt and pure sodium chloride from Indonesia?

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In value terms, the U.S. ($54K) remains the key foreign market for salt exports from Indonesia, comprising 35% of total exports. The second position in the ranking was occupied by Timor-Leste ($27K), with a 17% share of total exports. It was followed by Japan, with a 12% share.

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

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The average salt export price stood at $431 per tonne in 2019, declining by -11.5% against the previous year.

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

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The average salt import price stood at $32 per tonne in 2019, stabilizing at the previous year.