United Arab Emirates: Salt Market Overview 2021

Salt Market Size in the United Arab Emirates

The salt market in the United Arab Emirates surged to $X in 2019, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in years to come.

Salt Exports

Exports from the United Arab Emirates

In 2019, overseas shipments of salt and pure sodium chloride decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, exports saw a pronounced reduction. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, salt exports expanded modestly to $X in 2019. In general, exports enjoyed measured growth. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

India (X tonnes), Seychelles (X tonnes) and Zimbabwe (X tonnes) were the main destinations of salt exports from the United Arab Emirates, together accounting for X% of total exports.

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

In value terms, India ($X) emerged as the key foreign market for salt exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Zimbabwe ($X), with a X% share of total exports. It was followed by Seychelles, with a X% share.

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

Export Prices by Country

The average salt export price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the export price showed a buoyant expansion. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Zimbabwe ($X per tonne), while the average price for exports to Seychelles ($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 Canada, while the prices for the other major destinations experienced a decline.

Salt Imports

Imports into the United Arab Emirates

In 2019, approx. X tonnes of salt and pure sodium chloride were imported into the United Arab Emirates; increasing by X% against 2018 figures. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, salt imports shrank to $X in 2019. Overall, total imports indicated a noticeable increase 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, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, India (X tonnes) constituted the largest salt supplier to the United Arab Emirates, with a X% share of total imports. Moreover, salt imports from India exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), eightfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and the Netherlands (+X% per year).

In value terms, the Netherlands ($X), India ($X) and Pakistan ($X) appeared to be the largest salt suppliers to the United Arab Emirates, with a combined X% share of total imports. Canada and Turkey lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average salt import price amounted to $X per tonne, waning by -X% against the previous year. In general, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2009; however, from 2010 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan, while the prices for the other major suppliers 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 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), with a combined 51% share 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?

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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. These countries were followed by Canada, Germany, Australia, Chile, Mexico, Brazil, Egypt, Turkey, France and the Netherlands, which together accounted for a further 29%.

What are the leading suppliers of salt and pure sodium chloride to the United Arab Emirates?

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In value terms, the largest salt suppliers to the United Arab Emirates were the Netherlands ($6.1M), India ($4.5M) and Pakistan ($1.4M), with a combined 71% share of total imports. Canada and Turkey lagged somewhat behind, together comprising a further 9.4%.

What are the leading importers of salt and pure sodium chloride from the United Arab Emirates?

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In value terms, India ($4.2M) emerged as the key foreign market for salt exports from the United Arab Emirates, comprising 67% of total exports. The second position in the ranking was occupied by Zimbabwe ($1.1M), with a 17% share of total exports. It was followed by Seychelles, with a 4.8% share.

What is the average export price for salt and pure sodium chloride in the United Arab Emirates?

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In 2019, the average salt export price amounted to $442 per tonne, with an increase of 295% against the previous year.

What is the average import price for salt and pure sodium chloride in the United Arab Emirates?

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The average salt import price stood at $63 per tonne in 2019, reducing by -10.4% against the previous year.