Salt Market Overview in Middle East
In value terms, salt production rose to $ in 2018 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. The level of production peaked at $ in 2010; however, from 2011 to 2018, production stood at a somewhat lower figure.
The countries with the highest volumes of salt production in 2018 were Turkey ( tonnes), Saudi Arabia ( tonnes) and Iraq ( tonnes), together comprising % of total production. These countries were followed by Syrian Arab Republic and Oman, which together accounted for a further %.
From 2007 to 2018, the most notable rate of growth in terms of salt production, amongst the main producing countries, was attained by Oman, while salt production for the other leaders experienced more modest paces of growth.
The value of the salt market in the Middle East stood at $ in 2018, increasing by % 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, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2011 to 2018, the growth of the market failed to regain the momentum.
From 2007 to 2018, the most notable rate of growth in terms of salt consumption, amongst the main consuming countries, was attained by the United Arab Emirates, while salt consumption for the other leaders experienced more modest paces of growth.
In value terms, Saudi Arabia ($), Syrian Arab Republic ($) and Turkey ($) constituted the countries with the highest levels of market value in 2018, with a combined % share of the total market. Oman, Qatar, the United Arab Emirates and Iraq lagged somewhat behind, together comprising a further %.
Among the main consuming countries, Oman recorded the highest rates of growth with regard to market size, over the period under review, while salt market for the other leaders experienced more modest paces of growth.
In 2018, the highest levels of salt per capita consumption was registered in Qatar ( kg per person), followed by Saudi Arabia ( kg per person), Oman ( kg per person) and Turkey ( kg per person), while the world average per capita consumption of salt was estimated at kg per person.
From 2007 to 2018, the average annual growth rate of the salt per capita consumption in Qatar amounted to -%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Saudi Arabia (-% per year) and Oman (+% per year).