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

Salt Market Size in Southern Asia

For the third year in a row, the South Asian salt market recorded decline in sales value, which decreased by -X% to $X in 2019. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market remained at a lower figure.

Salt Production in Southern Asia

In value terms, salt production amounted to $X in 2019 estimated in export prices. In general, production recorded a strong increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% y-o-y. The level of production peaked in 2019 and is likely to see steady growth in years to come.

Production By Country in Southern Asia

India (X tonnes) remains the largest salt producing country in Southern Asia, comprising approx. X% of total volume. Moreover, salt production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tonnes), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume in India stood at +X%.

Salt Exports

Exports in Southern Asia

In 2019, exports of salt and pure sodium chloride in Southern Asia totaled X tonnes, increasing by X% against 2018 figures. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. The volume of export peaked in 2019 and is likely to see gradual growth in years to come.

In value terms, salt exports amounted to $X in 2019. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

India dominates salt exports structure, accounting for X tonnes, which was near X% of total exports in 2019. Pakistan (X tonnes) took a little share of total exports.

India was also the fastest-growing in terms of the salt and pure sodium chloride exports, with a CAGR of +X% from 2007 to 2019. At the same time, Pakistan (+X%) displayed positive paces of growth. India (+X p.p.) and Pakistan (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest salt supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports.

In India, salt exports increased at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

In 2019, the salt export price in Southern Asia amounted to $X per tonne, approximately reflecting the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($X per tonne), while India stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan.

Salt Imports

Imports in Southern Asia

In 2019, imports of salt and pure sodium chloride in Southern Asia totaled X tonnes, growing by X% compared with the previous year's figure. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, salt imports rose sharply to $X in 2019. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. The level of import peaked in 2019 and is likely to see steady growth in years to come.

Imports by Country

Bangladesh represented the major importing country with an import of around X tonnes, which reached X% of total imports. Nepal (X tonnes) took the second position in the ranking, distantly followed by India (X tonnes). All these countries together held near X% share of total imports. The following importers - Afghanistan (X tonnes) and Sri Lanka (X tonnes) - each resulted at a X% share of total imports.

Bangladesh was also the fastest-growing in terms of the salt and pure sodium chloride imports, with a CAGR of +X% from 2007 to 2019. At the same time, India (+X%), Nepal (+X%), Afghanistan (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Bangladesh (+X p.p.), Nepal (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest salt importing markets in Southern Asia were Bangladesh ($X), Nepal ($X) and India ($X), with a combined X% share of total imports. These countries were followed by Afghanistan and Sri Lanka, which together accounted for a further X terms of the main importing countries, Afghanistan recorded the highest growth rate of 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 salt import price in Southern Asia stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2010; however, from 2011 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Afghanistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salt and pure sodium chloride in Southern Asia?
+
The country with the largest volume of salt consumption was Pakistan (2.4M tonnes), accounting for 61% of total volume. Moreover, salt consumption in Pakistan exceeded the figures recorded by the second-largest consumer, India (647K tonnes), fourfold. Bangladesh (570K tonnes) ranked third in terms of total consumption with a 15% share.
What are the largest producers of salt and pure sodium chloride in Southern Asia?
+
India (14M tonnes) remains the largest salt producing country in Southern Asia, accounting for 83% of total volume. Moreover, salt production in India exceeded the figures recorded by the second-largest producer, Pakistan (2.7M tonnes), fivefold.
What are the leading suppliers of salt and pure sodium chloride in Southern Asia?
+
In value terms, India ($237M) remains the largest salt supplier in Southern Asia, comprising 83% of total exports. The second position in the ranking was occupied by Pakistan ($50M), with a 17% share of total exports.
What are the leading importers of salt and pure sodium chloride in Southern Asia?
+
In value terms, the largest salt importing markets in Southern Asia were Bangladesh ($14M), Nepal ($9.1M) and India ($7.1M), with a combined 85% share of total imports. These countries were followed by Afghanistan and Sri Lanka, which together accounted for a further 9.7%.
What is the average export price for salt and pure sodium chloride in Southern Asia?
+
The salt export price in Southern Asia stood at $22 per tonne in 2019, flattening at the previous year.
What is the average import price for salt and pure sodium chloride in Southern Asia?
+
The salt import price in Southern Asia stood at $41 per tonne in 2019, dropping by -3.7% 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 Southern 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:
• Afghanistan
• Bangladesh
• Bhutan
• Maldives
• Nepal
• Sri Lanka

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

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
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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