Qatar: Salt Market Overview 2021

Salt Market Size in Qatar

After two years of decline, the Qatari salt market increased by X% to $X in 2020. In general, consumption posted a remarkable increase. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2013 to 2020, the growth of the market remained at a somewhat lower figure.

Salt Production in Qatar

In value terms, salt production dropped to $X in 2020 estimated in export prices. In general, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X, and then shrank in the following year.

Salt Exports

Exports from Qatar

In 2020, overseas shipments of salt and pure sodium chloride decreased by X% to X kg for the first time since 2016, thus ending a three-year declining trend. In general, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2009 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, salt exports amounted to $X in 2020. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. From 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

Iran (X tonnes) was the main destination for salt exports from Qatar, with a X% share of total exports. Moreover, salt exports to Iran exceeded the volume sent to the second major destination, Turkey (X kg), fourfold. Germany (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate 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) constituted the largest markets for salt exported from Qatar worldwide, together comprising X% of total exports.

Among the main countries of destination, Turkey (+X% per year) 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

In 2017, the average salt export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2014 to 2017, the growth in terms of 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 2007 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Qatar

In 2020, purchases abroad of salt and pure sodium chloride was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic curtailment. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, salt imports soared to $X in 2020. Overall, imports, however, continue to indicate a dramatic descent. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Austria (X tonnes) constituted the largest salt supplier to Qatar, with a X% share of total imports. Moreover, salt imports from Austria exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), twofold. The third position in this ranking was occupied by Lebanon (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Lebanon (X% per year).

In value terms, Austria ($X), Lebanon ($X) and Poland ($X) were the largest salt suppliers to Qatar, together comprising X% of total imports. These countries were followed by South Africa, Sweden, Belgium and Italy, which together accounted for a further X terms of the main suppliers, Sweden saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average salt import price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the import price, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Poland ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform