Salt Market Overview in Syrian Arab Republic
In value terms, salt production expanded to $ in 2019 estimated in export prices. Overall, production showed a modest increase. The pace of growth was the most pronounced in 2018 when the production volume increased by % y-o-y. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to 2019, production failed to regain the momentum.
The value of the salt market in Syrian Arab Republic was estimated at $ in 2019, rising 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). Over the period under review, consumption enjoyed a temperate expansion. The growth pace was the most rapid in 2018 when the market value increased by % y-o-y. Syrian Arab Republic consumption peaked at $ in 2010; however, from 2011 to 2019, consumption failed to regain the momentum.