Qatar: Salt Market 2022

Salt Market Size in Qatar

In 2021, the Qatari salt market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, showed a pronounced contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Salt Exports

Exports from Qatar

In 2021, salt exports from Qatar amounted to less than X kg, remaining relatively unchanged against the previous year. Over the period under review, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tonnes in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, salt exports totaled less than $X in 2021. Overall, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Iran (X tonnes) was the main destination for salt exports from Qatar, accounting for a X% share of total exports. Moreover, salt exports to Iran exceeded the volume sent to the second major destination, Turkey (X kg), fourfold. The third position in this ranking was occupied by Germany (X kg), with a X% share.

From 2012 to 2017, the average annual rate of growth in terms of volume to Iran was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+X% per year) and Germany (X% per year).

In value terms, Brazil ($X), Iran ($X) and Turkey ($X) were the largest markets for salt exported from Qatar worldwide, together comprising X% of total exports.

Among the main countries of destination, Turkey, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average salt export price stood at $X per tonne in 2017, jumping by X% against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per tonne. From 2014 to 2017, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Qatar

In 2021, approx. X tonnes of salt and pure sodium chloride were imported into Qatar; picking up by X% on the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2016 to 2021, the growth imports remained at a somewhat lower figure.

In value terms, salt imports shrank to $X in 2021. In general, imports, however, recorded a noticeable contraction. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tonnes) was the main supplier of salt to Qatar, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of salt to Qatar.

From 2012 to 2021, the average annual growth rate of value from India stood at -X%.

Import Prices by Country

The average salt import price stood at $X per tonne in 2021, with a decrease of -X% against the previous year. Overall, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -X% per year.

Source: IndexBox Platform