In 2023, the sold production of salt and pure sodium chloride in Germany stood at 402.96 million euros. As the projections from 2024 to 2028 indicate a gradual decrease in value, starting at 401.93 million euros in 2024 and declining to 400.11 million euros by 2028, the market is experiencing a diminishing trend. The year-on-year decrease is steady around 0.1%, showcasing a consistent contraction. Furthermore, the compound annual growth rate (CAGR) over this period illustrates an average yearly decrease.
Future trends to watch for include potential impacts from regulatory changes concerning environmental standards and sustainable production methods, which could affect production costs and market prices. Additionally, exploring new technological applications for salt and sodium chloride could open alternative revenue streams, potentially stabilizing or reversing declining trends.
