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Salt extraction market in the United Kingdom to grow 1.6% CAGR between 2014-19

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Salt Extraction in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-17 03:47:01
The Salt Extraction industry has proved to be worth its salt over the five years through 2013-14. Severe winter weather conditions have been the key driver for industry revenue because demand for rock salt to de-ice roads ensured high revenue. Other products, including white salt and brine, have fared worse over the period, owing to the effect of the recession on inorganic chemical production, which is the major market for these products.

Total salt output in the United Kingdom typically amounts to between 5.7 and 6.0 million tonnes per year, most of which is used domestically. However, Britain´s supply of has fallen short over the past five years, meaning imports have grown considerably to satisfy over one-third of domestic demand.

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