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South-Eastern Asia - Salt - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Salt Market Overview 2020

Salt Market Size in South-Eastern Asia

In 2019, the Southeast Asian salt market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Salt Production in South-Eastern Asia

In value terms, salt production expanded remarkably to $X in 2019 estimated in export prices. Overall, production saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2019, production failed to regain the momentum.

Production By Country in South-Eastern Asia

The countries with the highest volumes of salt production in 2019 were the Philippines (X tonnes), Viet Nam (X tonnes) and Myanmar (X tonnes), with a combined X% share of total production.

From 2007 to 2019, the most notable rate of growth in terms of salt production, amongst the leading producing countries, was attained by the Philippines, while salt production for the other leaders experienced mixed trends in the production figures.

Salt Exports

Exports in South-Eastern Asia

In 2019, overseas shipments of salt and pure sodium chloride increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Total exports indicated buoyant growth from 2007 to 2019: its volume 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, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, salt exports rose rapidly to $X in 2019. Total exports indicated a strong expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. 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 appeared the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Thailand represented the largest exporting country with an export of about X tonnes, which resulted at X% of total exports. It was distantly followed by Viet Nam (X tonnes) and Malaysia (X tonnes), together achieving a X% share of total exports. Singapore (X tonnes) held a little share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Viet Nam, while exports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest salt supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Thailand totaled +X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Viet Nam (+X% per year).

Export Prices by Country

In 2019, the salt export price in South-Eastern Asia amounted to $X per tonne, waning by -X% against the previous year. In general, the export price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2017 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Singapore ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Salt Imports

Imports in South-Eastern Asia

For the fourth consecutive year, South-Eastern Asia recorded growth in supplies from abroad of salt and pure sodium chloride, which increased by X% to X tonnes in 2019. Total imports indicated a prominent increase from 2007 to 2019: its volume 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, imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2019 and is expected to retain growth in years to come.

In value terms, salt imports expanded remarkably to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Indonesia (X tonnes) was the major importer of salt and pure sodium chloride, making up X% of total imports. It was distantly followed by Viet Nam (X tonnes), the Philippines (X tonnes) and Thailand (X tonnes), together generating a X% share of total imports. Malaysia (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to salt imports into Indonesia stood at +X%. At the same time, Thailand (+X%), Viet Nam (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +X% from 2007-2019. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. Indonesia (+X p.p.), Viet Nam (+X p.p.), Thailand (+X p.p.) and the Philippines (+X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported salt and pure sodium chloride in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of total imports. It was followed by Viet Nam, with a X% share.

In Indonesia, salt imports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and Viet Nam (+X% per year).

Import Prices by Country

The salt import price in South-Eastern Asia stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, import prices reached the maximum at $X per tonne in 2010; however, from 2011 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Malaysia ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in South-Eastern Asia?
+
The countries with the highest volumes of salt consumption in 2019 were Indonesia (3.1M tonnes), the Philippines (2.4M tonnes) and Viet Nam (1.7M tonnes), together accounting for 88% of total consumption.
What are the largest producers of salt and pure sodium chloride in South-Eastern Asia?
+
The countries with the highest volumes of salt production in 2019 were the Philippines (1.7M tonnes), Viet Nam (1M tonnes) and Myanmar (382K tonnes), together comprising 96% of total production.
What are the leading exporters of salt and pure sodium chloride in South-Eastern Asia?
+
In value terms, Thailand ($19M) remains the largest salt supplier in South-Eastern Asia, comprising 70% of total exports. The second position in the ranking was occupied by Malaysia ($4.5M), with a 16% share of total exports. It was followed by Viet Nam, with a 7.2% share.
What are the leading importers of salt and pure sodium chloride in South-Eastern Asia?
+
In value terms, Indonesia ($96M) constitutes the largest market for imported salt and pure sodium chloride in South-Eastern Asia, comprising 42% of total imports. The second position in the ranking was occupied by the Philippines ($36M), with a 16% share of total imports. It was followed by Viet Nam, with a 13% share.
What is the average export price for salt and pure sodium chloride in South-Eastern Asia?
+
In 2019, the salt export price in South-Eastern Asia amounted to $98 per tonne, dropping by -26.9% against the previous year.
What is the average import price for salt and pure sodium chloride in South-Eastern Asia?
+
In 2019, the salt import price in South-Eastern Asia amounted to $43 per tonne, with a decrease of -4.7% 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 South-Eastern Asia. 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:
• Brunei Darussalam
• Cambodia
• Myanmar
• Timor-Leste
• Lao People's Democratic Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• 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

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
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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