U.S. - Salt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSalt Price in the United States - 2023
Contents:
- Salt Price in the United States (CIF) - 2022
- Salt Price in the United States (FOB) - 2023
- Salt Imports in the United States
- Salt Exports in the United States
Salt Price in the United States (CIF) - 2022
The average salt import price stood at $33 per ton in 2022, picking up by 18% against the previous year. Over the period under review, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2014 an increase of 406% against the previous year. As a result, import price reached the peak level of $191 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($46 per ton), while the price for Bahamas ($25 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Salt Price in the United States (FOB) - 2023
The average salt export price stood at $123 per ton in September 2023, rising by 30% against the previous month. Overall, the export price, however, showed a noticeable decrease. The growth pace was the most rapid in July 2023 when the average export price increased by 84% month-to-month. Over the period under review, the average export prices reached the peak figure at $296 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Canada.
From September 2022 to September 2023, the rate of growth in terms of prices for Canada amounted to -3.7% per month.
Salt Imports in the United States
After three years of growth, purchases abroad of salt and pure sodium chloride decreased by -19.3% to 20M tons in 2022. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 30%.
In value terms, salt imports declined to $658M in 2022. In general, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.
| Import of Salt in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 211 | 221 | 228 | 180 | -5.2% |
| Chile | 180 | 92.5 | 164 | 151 | -5.7% |
| Mexico | 50.5 | 45.6 | 64.6 | 38.2 | -8.9% |
| Egypt | 92.0 | 48.5 | 41.3 | 36.0 | -26.9% |
| Netherlands | 18.7 | 10.2 | 14.0 | 25.2 | 10.5% |
| Bahamas | 25.8 | 22.5 | 12.7 | 21.5 | -5.9% |
| Pakistan | 21.6 | 18.3 | 19.5 | 19.3 | -3.7% |
| Brazil | 21.4 | 9.7 | 9.1 | 13.1 | -15.1% |
| Others | 133 | 122 | 140 | 174 | 9.4% |
| Total | 753 | 590 | 694 | 658 | -4.4% |
Top Suppliers of Salt to the United States in 2022:
- Canada (6.3M tons)
- Chile (5.0M tons)
- Mexico (1.1M tons)
- Egypt (1.0M tons)
- Bahamas (0.9M tons)
- Pakistan (0.5M tons)
- Netherlands (0.5M tons)
- Brazil (0.4M tons)
Salt Exports in the United States
In 2022, overseas shipments of salt and pure sodium chloride decreased by -10.7% to 928K tons, falling for the second year in a row after two years of growth. Overall, exports showed a pronounced decline. The growth pace was the most rapid in 2020 when exports increased by 28%. As a result, the exports attained the peak of 1.3M tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, salt exports contracted to $206M in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 34%. As a result, the exports attained the peak of $215M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Salt in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 72.4 | 97.7 | 87.6 | 94.0 | 9.1% |
| China | 27.6 | 45.1 | 42.7 | 34.3 | 7.5% |
| Mexico | 13.8 | 13.6 | 15.6 | 19.1 | 11.4% |
| Germany | 0.8 | 10.6 | 14.5 | 16.0 | 171.4% |
| Others | 46.7 | 48.4 | 46.5 | 42.7 | -2.9% |
| Total | 161 | 215 | 207 | 206 | 8.6% |
Top Export Markets for Salt from the United States in 2022:
- Canada (832.4K tons)
- China (34.5K tons)
- Mexico (33.0K tons)
- Germany (14.4K tons)
This report provides an in-depth analysis of the salt market in the U.S.. 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 2030.
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
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the salt market in the U.S..
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This report provides an in-depth analysis of the global salt market.
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This report provides an in-depth analysis of the salt market in the U.S..
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This report provides an in-depth analysis of the global salt market.
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A comprehensive guide on how to successfully enter the market for salt and pure sodium chloride in the United States, including market entry strategy, official data sources, and trade shows to consider.
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In August 2022, the salt price per ton stood at $43.5, jumping by 23% against the previous month.
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In 2020, the global salt market experienced a decline, following a drop in output in the consumer industries. Despite this, a stable growth in the demand for salt is expected in the future from the chemical and food sectors; the increasing use of salt in alternative energy is also a factor.
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The global salt market revenue amounted to $27.4B in 2018, growing by 11% against the previous year. This figure reflects ...
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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 X million USD in 2015. There was an annual increase of +X% throughout the analyzed period.
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In value terms, salts of oxometallic and peroxometallic acids imports totaled $X in 2016. Overall, it indicated a moderate increase from 2007 to 2016: the total imports value decreased at an averag...
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In value terms, salts of inorganic acids and peroxoacids imports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ...
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In value terms, salts of oxometallic and peroxometallic acids exports amounted to $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an ...
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In value terms, salts of inorganic acids and peroxoacids exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annu...
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In 2016, approx. X tons of salt were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
