India’s Salt Export Industry: Growth, Insights & Key Players
India is one of the world's largest salt exporters, shipping over 13.73 billion kg of salt to more than 100 countries in 2023, marking an impressive 36% growth in exports. The major importers of Indian salt include China, the United States, Indonesia, and Bangladesh, while Europe and the Middle East are emerging as promising markets. With an increasing demand for sustainable, high-purity, and fortified salts, India's salt export industry is set to expand further. This blog explores the latest data on India’s salt exports, key exporters, and salt-related HSN codes.
How Big Is the Salt Industry?
The global salt market is projected to reach $48.6 billion by 2030, growing at a CAGR of 5.2% from its estimated $32.6 billion in 2022. The increasing demand for salt across various industries, including food processing, water treatment, pharmaceuticals, and de-icing, is fueling this growth. The sector is also benefiting from advancements in mining, refining, and packaging techniques, which enhance efficiency and product quality. Additionally, the growing popularity of Himalayan salt for gourmet and health applications has further boosted demand for India’s salt exports.
India’s Salt Production: Key Facts
India is among the top three salt producers in the world, contributing over 30 million tonnes annually. The majority of India’s salt production comes from:
- Gujarat – Over 75% of India's total salt production
- Rajasthan – Industrial and rock salt production from inland sources
- Tamil Nadu – Major producer of edible salt via solar evaporation
- Maharashtra, Andhra Pradesh, Odisha – Contribute to coastal salt production
India’s salt is primarily sourced from sea brine, lake brine, subsurface brine, and rock salt deposits.
Salt Export from India: Key Insights (2023-24)
- India’s Total Salt Exports (2023) - 13.73 billion kg
- Number of Destination Countries - 100+
- India’s Salt Exports (TTM: Mar 2023 - Feb 2024) - 2,519 shipments
- Growth in India’s Salt Export (2023-2024) - 36%
- Number of Salt Exporters in India - 298
- Indian Salt Global Buyers - 597
Key insights:
- The United States alone imported over 2 billion kg of Himalayan salt in 2023.
- India’s logistics costs account for nearly 50% of the total export cost.
- The primary varieties of exported salt include table salt, sea salt, rock salt, and black salt.
- 37-38% of India's salt exports go to China, with 12% going to Japan, largely due to China’s expanding chlor-alkali sector.
Salt HSN Codes & Their Significance
The harmonized system (HSN) code for salt is 250100, which includes various types of salt products:
- 250100- Salt (including table salt and denatured salt), pure sodium chloride, seawater
- 25010010- Common salt (including iodized salt)
- 25010020- Rock salt
- 25010090- Other
For updated HSN codes and trade statistics, visit Eximpedia.app.
Top Salt Export Destinations from India
- China
- Korea
- Japan
- Indonesia
- Vietnam
- Qatar
- Bangladesh
- Other Asia, nes
- Nepal
- Malaysia
Top 10 Salt Exporting Countries
- India
- Canada
- Germany
- Netherlands
- USA
- Namibia
- China
- Brazil
- Spain
- Kazakhstan
According to salt export data, With India leading the global salt exports, businesses looking to enter the salt trade should explore emerging markets and buyer trends.
Top 10 Salt Exporters in India
- Krishna Salt
- Navkar Impex
- Mittal N K Business Private Limited
- Behal International
- Ahuja Traders
- Ahir Salt Industries
- Vishnu Oil Mill Pvt. Ltd
- MRV Food Products
- Shanviya Impex Private Limited
- Petalhead Exim Private Limited
Challenges in the Salt Export Market
Despite the growth in India’s salt exports, exporters face several challenges:
- Global price volatility affecting profit margins.
- High logistics costs, account for nearly half of export expenses.
- Climate dependency, as salt production, relies heavily on seasonal conditions.
- Stringent international trade regulations and competition from China and the US.
- Maintaining quality standards and sustainability amid increasing demand.
To overcome these challenges, businesses must invest in better logistics, trade agreements, and sustainability initiatives.
How to Find Global Salt Buyers?
To connect with top salt buyers worldwide, businesses should leverage market intelligence platforms like Eximpedia.app. This platform offers:
- Trade statistics for India & other countries
- Importer & exporter directories
- Shipment details
- Updated salt HSN codes & market insights
Conclusion
Salt export from India market presents a lucrative growth opportunity, driven by increasing global demand and the rising popularity of specialty salts like Himalayan salt. While challenges such as logistics costs and competition persist, businesses can capitalize on expanding markets, government incentives, and improved logistics solutions. For detailed insights, updated exim data, and a list of salt buyers and exporters, explore Eximpedia.app today! Stay ahead in the salt trade industry with real-time market intelligence and business connections.
Comments
Post a Comment