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Northern America - Salt - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Salt Market Overview 2020

Salt Market Size in Northern America

In 2019, the North American salt market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.

Salt Production in Northern America

In value terms, salt production rose slightly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2015 to 2019, production growth remained at a somewhat lower figure.

Production By Country in Northern America

The U.S. (X tonnes) constituted the country with the largest volume of salt production, accounting for X% of total volume.

From 2007 to 2019, the average annual rate of growth in terms of volume in the U.S. was relatively modest.

Salt Exports

Exports in Northern America

In 2019, approx. X tonnes of salt and pure sodium chloride were exported in Northern America; jumping by X% compared with the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2010 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, salt exports rose to $X in 2019. Total exports indicated a strong expansion from 2007 to 2019: its value decreased 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, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. The level of export peaked in 2019 and is likely to see steady growth in the near future.

Exports by Country

In 2019, Canada (X tonnes) represented the largest exporter of salt and pure sodium chloride in Northern America, constituting X% of total export.

Canada experienced a relatively flat trend pattern with regard to volume of exports of salt and pure sodium chloride. Canada (-X p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) also remains the largest salt supplier in Northern America.

In Canada, salt exports expanded at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

The salt export price in Northern America stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2018, and then shrank in the following year.

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

From 2007 to 2019, the rate of growth in terms of prices for Canada amounted to +X% per year.

Salt Imports

Imports in Northern America

In 2019, supplies from abroad of salt and pure sodium chloride increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, imports showed strong growth. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, salt imports expanded to $X in 2019. Over the period under review, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure in 2019 and are likely to continue growth in the immediate term.

Imports by Country

The U.S. represented the key importing country with an import of around X tonnes, which reached X% of total imports. It was distantly followed by Canada (X tonnes), making up a X% share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2019. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +X% from 2007-2019. The U.S. (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported salt and pure sodium chloride in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., salt imports increased at an average annual rate of +X% over the period from 2007-2019.

Import Prices by Country

The salt import price in Northern America stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2018, and then shrank modestly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2019, the country with the highest price was Canada ($X per tonne), while the U.S. amounted to $X per tonne.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in Northern America?
+
The U.S. (60M tonnes) remains the largest salt consuming country in Northern America, comprising approx. 88% of total volume. Moreover, salt consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (8.3M tonnes), sevenfold.
What are the largest producers of salt and pure sodium chloride in Northern America?
+
The U.S. (42M tonnes) remains the largest salt producing country in Northern America, comprising approx. 81% of total volume.
What are the leading exporters of salt and pure sodium chloride in Northern America?
+
In value terms, Canada ($211M) remains the largest salt supplier in Northern America.
What are the leading importers of salt and pure sodium chloride in Northern America?
+
In value terms, the U.S. ($754M) constitutes the largest market for imported salt and pure sodium chloride in Northern America, comprising 84% of total imports. The second position in the ranking was occupied by Canada ($147M), with a 16% share of total imports.
What is the average export price for salt and pure sodium chloride in Northern America?
+
In 2019, the salt export price in Northern America amounted to $71 per tonne, waning by -13% against the previous year.
What is the average import price for salt and pure sodium chloride in Northern America?
+
The salt import price in Northern America stood at $42 per tonne in 2019, falling by -2.2% 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 Northern America. 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:
• Saint Pierre and Miquelon

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

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
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 2007–2019
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Canada
• Saint Pierre and Miquelon
• USA
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, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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