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Saudi Arabia - Salt - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Salt Market Overview 2021

Salt Market Size in Saudi Arabia

In 2019, the Saudi 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; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2011 to 2019, the growth of the market remained at a somewhat lower figure.

Salt Production in Saudi Arabia

In value terms, salt production rose to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2011 to 2019, production growth failed to regain the momentum.

Salt Exports

Exports from Saudi Arabia

In 2019, the amount of salt and pure sodium chloride exported from Saudi Arabia dropped notably to X tonnes, declining by -X% on the previous year's figure. Overall, exports, however, recorded modest growth. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, salt exports rose remarkably to $X in 2019. In general, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Jordan (X tonnes), Canada (X tonnes) and Yemen (X tonnes) were the main destinations of salt exports from Saudi Arabia, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Canada (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X) remains the key foreign market for salt exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Yemen, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Jordan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Yemen (+X% per year).

Export Prices by Country

In 2019, the average salt export price amounted to $X per tonne, jumping by X% against the previous year. Overall, export price indicated a pronounced increase from 2007 to 2019: its price increased 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, salt export price increased by +X% against 2017 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Jordan, while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Saudi Arabia

In 2019, purchases abroad of salt and pure sodium chloride decreased by -X% to X kg for the first time since 2016, thus ending a two-year declining trend. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2018, and then declined significantly in the following year.

In value terms, salt imports reduced sharply to $X in 2019. Overall, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then contracted notably in the following year.

Imports by Country

From 2007 to 2019, the average annual growth rate of volume from No country was relatively modest.

From 2007 to 2019, the average annual rate of growth in terms of value from No country was relatively modest.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in the world?
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The countries with the highest volumes of salt consumption in 2019 were China (77M tonnes), the U.S. (62M tonnes) and India (18M tonnes), together accounting for 51% of global consumption. Australia, Germany, Canada, Brazil, Mexico, France, the UK and Turkey lagged somewhat behind, together comprising a further 22%.
What are the largest producers of salt and pure sodium chloride in the world?
+
The countries with the highest volumes of salt production in 2019 were China (69M tonnes), the U.S. (42M tonnes) and India (31M tonnes), together comprising 47% of global production. Canada, Germany, Australia, Chile, Mexico, Brazil, Egypt, Turkey, France and the Netherlands lagged somewhat behind, together accounting for a further 29%.
What are the leading importers of salt and pure sodium chloride from Saudi Arabia?
+
In value terms, Jordan ($10M) remains the key foreign market for salt exports from Saudi Arabia, comprising 76% of total exports. The second position in the ranking was occupied by Canada ($1.4M), with a 11% share of total exports. It was followed by Yemen, with a 6.7% share.
What is the average export price for salt and pure sodium chloride in Saudi Arabia?
+
The average salt export price stood at $141 per tonne in 2019, jumping by 94% 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 Saudi Arabia. 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:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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