Industry Analysis & Industry Trends
This industry produces salt in three different forms: rock salt, salt in brine solution and granular white salt. Salt in brine, used as a feedstock in chemical production, is the major product. Total salt output in the United Kingdom typically amounts to 5.7 to 6.0 million tonnes per year, most of which is used domestically.
The industry is expected to generate revenue of £140.9 million in 2011-12, compared with £73.7 million in 2006-07. This is average annual growth of 13.8%. The strong performance largely reflects a slump in salt prices in 2006-07, which was subsequently reversed. Industry revenue is forecast to increase 12% in 2011-12 on the back of somewhat higher output and prices... purchase to read moree
Industry Report - Starting a New Business Chapter
Price and quality form the basis of competition in the markets faced by salt producers, although in each market there are relatively few substitutes for salt. The various types of salt (rock salt, white salt and brine solution) differ in quality and are supplied into largely separate markets. Within each of those markets, there is competition between the local suppliers, and actual or potential competition from imported product. Competition between the various types of salt extracted is limited, due to variations in quality. For example, rock salt extracted in the United Kingdom is not suitable for use as chemical feedstock, for food processing or as table salt due to impurities contained within the salt... purchase to read more