Industry Analysis & Industry Trends
The Salt Extraction industry has been subject to a great deal of volatility over five years through 2016-17. Severe winter weather conditions supported sharp increases in industry revenue prior to the start of the period because demand for rock salt to de-ice roads was high. This led the industry to begin the period from a high base, with this level of revenue proving difficult to match over the five years through 2016-17. The performance of other products, including white salt and brine, aided stability over the period. Demand from inorganic chemical production grew strongly during the later years of the period in line with the general economy, supporting demand, as chemical manufacturers are a major market for the industry... purchase to read more
Industry Report - Industry Products Chapter
Rock salt is the industry's most popular product, representing over half of industry revenue. Rock salt occurs in beds, commonly associated with mudstone, of up to several hundred metres in thickness and is extracted in underground mines. Most of the rock salt mined in the United Kingdom is used to de-ice roads. Rock salt production is fairly constant, although producers can increase output to meet short-term demand pressures during periods of extremely cold weather. Harsh winter weather conditions over the past five years have made the extraction of rock salt more attractive. The establishment of long-term contracts with local authorities to provide gritting supplies ensures that this segment's share of revenue is not likely to fall dramatically.
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