Global Salt Production Reaches 48 Million Tonnes in 2023

Global salt production reached 48 million tonnes in 2023, led by top producers including the US, China, and India. The US salt market, valued at $32.6 billion in 2022, is projected to grow to $48.6 billion by 2030.

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Trim Correspondents
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Global Salt Production Reaches 48 Million Tonnes in 2023

Global Salt Production Reaches 48 Million Tonnes in 2023

In 2023, global salt production reached a staggering 48 million tonnes, with the United States alone consuming over 48 million tonnes annually. This massive production is led by top salt-producing states including Kansas, Louisiana, Michigan, New York, Ohio, Texas, and Utah.

Why this matters: The significant growth in global salt production has far-reaching implications for road safety, industrial processes, and food preservation, highlighting the critical role salt plays in maintaining infrastructure and supporting economic development. As the global demand for salt continues to rise, it is essential to ensure sustainable and responsible production practices to meet the increasing needs of various industries.

The global salt market, valued at $32.6 billion in 2022, is projected to grow to $48.6 billion by 2030, with a compound annual growth rate (CAGR) of 5.2% during the forecast period. China leads the world in salt production, accounting for almost 20% of the global output, followed by the United States at 15% and India at 11%.

In the United States, salt is produced by 25 companies operating 63 plants across 16 states. The seven leading salt-producing states - Kansas, Louisiana, Michigan, New York, Ohio, Texas, and Utah - account for a staggering 95% of domestic salt production.

Salt serves various critical purposes in the United States, with highway de-icing being the primary use at 41%, followed by chemical production at 38%, and food processing at 10%. The diverse applications of salt highlight its importance in maintaining road safety, supporting industrial processes, and preserving food.

As the global demand for salt continues to rise, driven by population growth and industrial development, the salt industry is poised for significant expansion in the coming years. The United States, with its robust salt production capabilities and high domestic consumption, remains a key player in the global salt market.

Key Takeaways

  • Global salt production reached 48 million tonnes in 2023.
  • The US consumes over 48 million tonnes of salt annually.
  • 7 US states account for 95% of domestic salt production.
  • Salt market to grow from $32.6B to $48.6B by 2030.
  • Highway de-icing, chemical production, and food processing are top salt uses.