In 2023, Germany led European salt exports, comprising 35% of the market, with a positive growth of 4.05% year-on-year. The Netherlands followed closely, holding 33.85% of the market, witnessing a modest increase of 0.47%. Spain, at third place, experienced a 3.03% decrease, capturing 10.26% of the share. Denmark and Italy held smaller shares, 4.12% and 3.94% respectively, with Denmark seeing a 4.32% rise, while Italy faced a 7.75% decline. Poland and Romania contributed marginally with slight increases.
Key notable increases included Lithuania and Hungary, showing growth rates of 31.21% and 11.37% respectively. Conversely, the United Kingdom and Cyprus experienced significant declines of 18.0% and 15.76%. Malta and Bulgaria, though minor players, saw remarkable expansions, with Bulgaria recording a 62% increase.
Future trends to watch involve the potential shift in market dynamics as smaller economies like Lithuania and Bulgaria continue to increase their shares. Additionally, larger players such as Germany and the Netherlands may face challenges from emerging markets, calling for strategic adaptations.
Top countries in Export of Salt Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35 | 2023 | +8.86% | +4.05% | View data |
| 2 | 2 Netherlands | 33.85 | 2023 | +2.34% | +0.47% | View data |
| 3 | 3 Spain | 10.26 | 2023 | +11.43% | -3.03% | View data |
| 4 | 4 Denmark | 4.12 | 2023 | +3.27% | +4.32% | View data |
| 5 | 5 Italy | 3.94 | 2023 | +4.58% | -7.75% | View data |
| 6 | 6 Romania | 3.09 | 2023 | -3.06% | -1.7% | View data |
| 7 | 7 Poland | 3.03 | 2023 | +0.068% | +2.42% | View data |
| 8 | 8 Belgium | 0.85 | 2023 | +2.77% | -1.75% | View data |
| 9 | 9 Lithuania | 0.76 | 2023 | +6.25% | +31.21% | View data |
| 10 | 10 Hungary | 0.75 | 2023 | +5.87% | +11.37% | View data |
