South-Eastern Asia - Salt - Market Analysis, Forecast, Size, Trends and Insights

South-Eastern Asia: Salt Market Overview 2019

Salt Market Size in South-Eastern Asia

The revenue of the salt market in South-Eastern Asia amounted to $X in 2017, going up by X% against the previous year. The salt consumption continues to indicate a strong growth. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the salt market reached its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Salt Production in South-Eastern Asia

In 2017, production of salt in South-Eastern Asia amounted to X tonnes, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2016, when the output figure increased by X% year-to-year. The volume of salt production peaked in 2017, and is likely to continue its growth in the near future.

Salt Exports

Exports in South-Eastern Asia

In 2017, the amount of salt exported in South-Eastern Asia stood at X tonnes, reducing by -X% against the previous year. The total exports indicated a modest increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the salt exports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2009, with an increase of X% against the previous year. In that year, the salt exports reached their peak volume of X tonnes. From 2010 to 2017, growth of the salt exports stood at a somewhat lower level.

In value terms, salt exports totaled $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the salt exports decreased by -X% against 2015 indices. Over the period under review, the salt exports attained its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Exports by Country

The countries with the highest levels of salt exports in 2017 were Thailand (X tonnes), Singapore (X tonnes) and Malaysia (X tonnes), together reaching X% of total export. Viet Nam (X tonnes) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Singapore (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest salt markets worldwide were Singapore ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Singapore (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the salt export price in South-Eastern Asia amounted to $X per tonne, approximately reflecting the previous year. The export price indicated a pronounced increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the salt export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The level of export price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Viet Nam ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

Salt Imports

Imports in South-Eastern Asia

In 2017, approx. X tonnes of salt were imported in South-Eastern Asia; rising by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2017, when it surged by X% year-to-year. In that year, the salt imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, salt imports stood at $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the salt imports reached their peak level, and are likely to continue its growth in the immediate term.

Import Prices by Country

In 2017, the salt import price in South-Eastern Asia amounted to $X per tonne, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when the import prices increased by X% year-to-year. In that year, the import prices for salt attained their peak level, and is likely to continue its growth in the immediate term.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced mixed trends in the import price figures.