
Kazakhstan - Salt - Market Analysis, Forecast, Size, Trends and Insights
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Kazakhstan: Salt Market Overview 2021
Salt Market Size in Kazakhstan
The Kazakh salt market declined markedly to $X in 2019, waning by -X% against the previous year. Overall, consumption, however, saw a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Salt consumption peaked at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.
Salt Production in Kazakhstan
In value terms, salt production stood at $X in 2019 estimated in export prices. Over the period under review, production showed a buoyant increase. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Salt production peaked in 2019 and is expected to retain growth in the immediate term.
Salt Exports
Exports from Kazakhstan
In 2019, approx. X tonnes of salt and pure sodium chloride were exported from Kazakhstan; rising by X% compared with 2018 figures. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Exports peaked in 2019 and are expected to retain growth in years to come.
In value terms, salt exports skyrocketed to $X in 2019. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in the near future.
Exports by Country
Russia (X tonnes) was the main destination for salt exports from Kazakhstan, with a approx. X% share of total exports.
From 2007 to 2019, the average annual rate of growth in terms of volume to Russia amounted to +X%.
In value terms, Russia ($X) also remains the key foreign market for salt exports from Kazakhstan.
From 2007 to 2019, the average annual growth rate of value to Russia amounted to +X%.
Export Prices by Country
In 2019, the average salt export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices failed to regain the momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2007 to 2019, the rate of growth in terms of prices for Russia amounted to +X% per year.
Salt Imports
Imports into Kazakhstan
In 2019, the amount of salt and pure sodium chloride imported into Kazakhstan soared to X tonnes, with an increase of X% against 2018 figures. Overall, imports recorded a pronounced expansion. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are likely to see steady growth in the immediate term.
In value terms, salt imports soared to $X in 2019. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2019, imports remained at a lower figure.
Imports by Country
In 2019, Russia (X tonnes) constituted the largest supplier of salt to Kazakhstan, with a X% share of total imports. Moreover, salt imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tonnes), sixfold.
From 2007 to 2019, the average annual growth rate of volume from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Uzbekistan (+X% per year).
In value terms, Russia ($X) constituted the largest supplier of salt to Kazakhstan, comprising X% of total imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports.
From 2007 to 2019, the average annual rate of growth in terms of value from Russia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Uzbekistan (+X% per year).
Import Prices by Country
In 2019, the average salt import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Belarus ($X per tonne), while the price for Uzbekistan ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for salt and pure sodium chloride in the world?+
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), 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 Kazakhstan?+
In value terms, Russia ($3.6M) constituted the largest supplier of salt to Kazakhstan, comprising 69% of total imports. The second position in the ranking was occupied by Belarus ($661K), with a 13% share of total imports.
What are the leading importers of salt and pure sodium chloride from Kazakhstan?+
In value terms, Russia ($24M) remains the key foreign market for salt exports from Kazakhstan.
What is the average export price for salt and pure sodium chloride in Kazakhstan?+
The average salt export price stood at $43 per tonne in 2019, waning by -9% against the previous year.
What is the average import price for salt and pure sodium chloride in Kazakhstan?+
In 2019, the average salt import price amounted to $105 per tonne, dropping by -3.6% against the previous year.
This report provides an in-depth analysis of the salt market in Kazakhstan. 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.
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 Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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