Product Code: ETC074519 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Salt market currently, in 2023, has witnessed an HHI of 2068, Which has increased slightly as compared to the HHI of 1349 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The salt market in the United Arab Emirates (UAE) has witnessed steady growth, driven by the country`s diverse industrial applications, food processing sector, and domestic consumption. Salt, as a fundamental ingredient in various industries and food preparations, holds significant importance in the UAE economy. The UAE growing population, increasing urbanization, and industrial expansion have been key drivers for the demand for salt in the country. Additionally, the country`s coastal geography and extensive salt production facilities contribute to the market`s expansion.
Several factors drive the demand for salt in the UAE. Firstly, the UAE chemical and industrial sectors rely on salt for various processes, including chemical production, water treatment, and metallurgical applications. Secondly, the food processing industry in the UAE uses salt as a preservative, flavor enhancer, and seasoning agent in various food products. The country`s vibrant culinary culture and the presence of a diverse expatriate population further bolster the demand for salt in the food industry.
Despite the positive growth prospects, the UAE salt market faces certain challenges. One significant challenge is the competition from imported salt. While the UAE has a significant salt production capacity, the demand for salt from various industries and consumers may lead to imports from neighboring countries. Ensuring a balance between domestic production and imports requires monitoring market dynamics and supply chains. Additionally, fluctuations in global salt prices and currency exchange rates can impact the cost of imported salt, affecting market dynamics.
The Covid-19 pandemic had a limited impact on the UAE salt market. While certain industrial sectors may have experienced temporary disruptions during lockdowns and restrictions, the essential nature of salt for food processing and other applications ensured continued demand. The resilience of the salt market during the pandemic is attributed to its critical role in multiple industries and the uninterrupted flow of essential goods.
The UAE salt market comprises both local and international players. Key local players include Emirates National General Trading (ENGT) and Abu Dhabi Vegetable Oil Company (ADVOC), which have a significant presence in the salt market, supplying salt to various sectors and consumers in the UAE. Additionally, multinational salt producers and traders, such as Cargill, Tata Chemicals, and Salinas, have a strong market presence, providing a wide range of salt products to the UAE industrial and food processing sectors. The market`s competitiveness and growth are shaped by the efforts of these key players to maintain product quality, supply chain efficiency, and meet the diverse demands of the UAE salt consumers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Salt Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Salt Market Revenues & Volume, 2020 & 2027F |
3.3 United Arab Emirates (UAE) Salt Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Salt Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Salt Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 United Arab Emirates (UAE) Salt Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 United Arab Emirates (UAE) Salt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Salt Market Trends |
6 United Arab Emirates (UAE) Salt Market, By Types |
6.1 United Arab Emirates (UAE) Salt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Rock Salt, 2018 - 2027F |
6.1.4 United Arab Emirates (UAE) Salt Market Revenues & Volume, By BrineΒ , 2018 - 2027F |
6.1.5 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Solar Salt, 2018 - 2027F |
6.1.6 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 United Arab Emirates (UAE) Salt Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Chemical Processing, 2018 - 2027F |
6.2.3 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Road De-icing, 2018 - 2027F |
6.2.4 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Food Processing, 2018 - 2027F |
6.2.5 United Arab Emirates (UAE) Salt Market Revenues & Volume, By Others, 2018 - 2027F |
7 United Arab Emirates (UAE) Salt Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Salt Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Salt Market Imports from Major Countries |
8 United Arab Emirates (UAE) Salt Market Key Performance Indicators |
9 United Arab Emirates (UAE) Salt Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Salt Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 United Arab Emirates (UAE) Salt Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 United Arab Emirates (UAE) Salt Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Salt Market Revenue Share, By Companies, 2020 |
10.2 United Arab Emirates (UAE) Salt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |