Kazakhstan: Salt Market Overview 2020

Salt Market Size in Kazakhstan

The revenue of the salt market in Kazakhstan amounted to $X in 2018, jumping by X% against the previous year. In general, salt consumption continues to indicate a strong expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Salt consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Salt Production in Kazakhstan

In value terms, salt production stood at $X in 2018 estimated in export prices. In general, salt production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, salt production reached its maximum level in 2018 and is likely to see steady growth in the immediate term.

Salt Exports

Exports from Kazakhstan

Salt exports from Kazakhstan amounted to X tonnes in 2018, jumping by X% against the previous year. In general, salt exports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, salt exports totaled $X in 2018. Over the period under review, salt exports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, salt exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Russia (X tonnes) was the main destination for salt exports from Kazakhstan, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate 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 2018, the average annual growth rate of value to Russia stood at +X%.

Export Prices by Country

In 2018, the average salt export price amounted to $X per tonne, approximately mirroring the previous year. Over the period under review, the salt export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for salt and pure sodium chloride reached their maximum in 2018 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2007 to 2018, the rate of growth in terms of prices for Russia amounted to +X% per year.

Salt Imports

Imports into Kazakhstan

In 2018, the amount of salt and pure sodium chloride imported into Kazakhstan stood at X tonnes, surging by X% against the previous year. Overall, salt imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. In that year, salt imports attained their peak of X tonnes. From 2014 to 2018, the growth of salt imports remained at a lower figure.

In value terms, salt imports totaled $X in 2018. In general, salt imports continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Russia (X tonnes) constituted the largest salt supplier to Kazakhstan, with a X% share of total imports. Moreover, salt imports from Russia exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tonnes), sixfold. Belarus (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, 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: the Czech Republic (+X% per year) and Belarus (+X% per year).

In value terms, Russia ($X) constituted the largest supplier of salt to Kazakhstan, comprising X% of total salt imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports. It was followed by Croatia, with a X% share.

From 2007 to 2018, 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 Croatia (-X% per year).

Import Prices by Country

The average salt import price stood at $X per tonne in 2018, going down by -X% against the previous year. Over the period under review, the salt import price continues to indicate a deep drop. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform