Salt Market Overview in Turkey
In value terms, salt production declined to $ in 2019 estimated in export prices. In general, production saw a pronounced expansion. The pace of growth was the most pronounced in 2009 when the production volume increased by % year-to-year. Turkey production peaked at $ in 2013; however, from 2014 to 2019, production failed to regain the momentum.
The size of the salt market in Turkey dropped modestly to $ in 2019, approximately reflecting 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). In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. As a result, consumption reached the peak level of $. From 2012 to 2019, the growth of the market remained at a lower figure.