Salt Market - Chile’s Exports of Salt Grow at a Rapid Pace

Salt December 02, 2016
Blog Blog  /  Mining  /  Salt
Author: Maria Fadeeva
Market Analyst

salt market

Photo: © megastocker / Bigstockphoto

From 2007 to 2015, global salt exports exhibited a pronounced growth trend, with the exception of minor declines in 2012 and 2015. Exports amounted to 2,467 million USD in 2015. There was an annual increase of +4.7% throughout the analyzed period.

According to IndexBox estimates, the Netherlands remained the global leader in supplies on the salt market. In 2015, salt exports from the Netherlands totaled 278 million USD, which accounted for an 11% share in terms of global exports. Germany, Chile, Canada, and Mexico were the other key global suppliers of salt in 2015, with a 29% combined share of global exports.

Chile (+24.4% per year) and Canada (+9.5% per year) were the fastest growing exporters from 2007 to 2015. Chile strengthened its position in terms of global salt exports, growing its share from 2% in 2007 to 8% in 2015.

Meanwhile, USA (20%, based on value terms), Japan (11%), China (7%), the Republic of Korea (4%), and Germany (4%) were the leading destinations of salt imports in 2015. Imports to China grew at a rapid pace of +20.5% per year from 2007 to 2015. By contrast, Germany slightly contracted its imports of salt over the same period. The share of the USA in terms of global imports increased significantly (+9 percentage points), while the share of Japan illustrated negative dynamics (-4 percentage points).

Global Exports Of Salt, In Value Terms

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Source: World: Salt - Market Report. Analysis And Forecast To 2020