Apr 10, 2019

Latin America and the Caribbean - Salt - Market Analysis, Forecast, Size, Trends and Insights

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Latin America and the Caribbean: Salt Market Overview 2019

Salt Market Size in Latin America and the Caribbean

The revenue of the salt market in Latin America and the Caribbean amounted to $X in 2018, surging by X% against the previous year. The total market indicated a strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the salt consumption decreased by -X% against 2016 indices. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. The level of salt consumption peaked at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Salt Production in Latin America and the Caribbean

In value terms, salt production totaled $X in 2018 estimated in export prices. The total output indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% year-to-year. Over the period under review, salt production reached its maximum level in 2018, and is expected to retain its growth in the immediate term.

Salt Exports

Exports in Latin America and the Caribbean

In 2018, approx. X tonnes of salt and pure sodium chloride were exported in Latin America and the Caribbean; jumping by X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the salt exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014, when exports increased by X% against the previous year. In that year, salt exports attained their peak of X tonnes. From 2015 to 2018, the growth of salt exports failed to regain its momentum.

In value terms, salt exports stood at $X in 2018. The total exports indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008, when exports increased by X% against the previous year. The level of exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Chile (X tonnes) and Mexico (X tonnes) prevails in salt exports structure, together mixing up X% of total exports. Brazil (X tonnes), Bahamas (X tonnes) and Peru (X tonnes) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Chile, while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Mexico ($X) and Bahamas ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Chile recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The salt export price in Latin America and the Caribbean stood at $X per tonne in 2018, remaining constant against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export price increased by X% year-to-year. Over the period under review, the export prices for salt and pure sodium chloride attained their maximum at $X per tonne in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Bahamas, while the other leaders experienced more modest paces of growth.

Salt Imports

Imports in Latin America and the Caribbean

In 2018, salt imports in Latin America and the Caribbean amounted to X tonnes, surging by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the salt imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. The volume of imports peaked in 2018, and are likely to continue its growth in the near future.

In value terms, salt imports amounted to $X in 2018. The total imports indicated a strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the salt imports increased by +X% against 2007 indices. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, salt imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

Brazil was the main importer of salt and pure sodium chloride in Latin America and the Caribbean, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2018. Costa Rica (X tonnes) held the second position in the ranking, followed by Argentina (X tonnes), Uruguay (X tonnes) and Colombia (X tonnes). All these countries together occupied approx. X% share of total imports. Paraguay (X tonnes), Honduras (X tonnes), the Dominican Republic (X tonnes), Peru (X tonnes), Guatemala (X tonnes) and Mexico (X tonnes) held a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to salt imports into Brazil stood at +X%. At the same time, Costa Rica (+X%), Argentina (+X%), Peru (+X%), the Dominican Republic (+X%), Guatemala (+X%), Paraguay (+X%), Honduras (+X%), Uruguay (+X%) and Colombia (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2018. By contrast, Mexico (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Mexico increased by X% percentage points, while Guatemala (-X%), Honduras (-X%), Peru (-X%), the Dominican Republic (-X%), Paraguay (-X%), Uruguay (-X%), Argentina (-X%), Costa Rica (-X%) and Brazil (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Costa Rica ($X), Brazil ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

In terms of the main importing countries, Costa Rica recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The salt import price in Latin America and the Caribbean stood at $X per tonne in 2018, going down by -X% against the previous year. In general, the salt import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when the import price increased by X% year-to-year. Over the period under review, the import prices for salt and pure sodium chloride reached their maximum at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

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 Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
Ready to Get Started?

We can help you conduct market research and write a report using the most reliable data

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data