Slovenia: Salt Market 2024

Salt Market Size in Slovenia

In 2022, the Slovene salt market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a moderate expansion. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Salt Production in Slovenia

In value terms, salt production rose sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Salt Exports

Exports from Slovenia

In 2022, overseas shipments of salt and pure sodium chloride increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, salt exports soared to $X in 2022. Over the period under review, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Croatia (X tons) was the main destination for salt exports from Slovenia, accounting for a X% share of total exports. Moreover, salt exports to Croatia exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Croatia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Croatia ($X) remains the key foreign market for salt and pure sodium chloride exports from Slovenia, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Croatia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Bosnia and Herzegovina (X% per year).

Export Prices by Country

The average salt export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced a decline.

Salt Imports

Imports into Slovenia

In 2022, the amount of salt and pure sodium chloride imported into Slovenia soared to X tons, with an increase of X% against 2021 figures. Over the period under review, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, salt imports surged to $X in 2022. In general, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Bosnia and Herzegovina (X tons), Austria (X tons) and Libya (X tons) were the main suppliers of salt imports to Slovenia, together accounting for X% of total imports. Italy, Croatia, Germany, Tunisia and Egypt lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Egypt ($X) and Bosnia and Herzegovina ($X) were the largest salt suppliers to Slovenia, together accounting for X% of total imports. Italy, Austria, Germany, Croatia and Libya lagged somewhat behind, together accounting for a further X%.

Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average salt import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Libya ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :