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PVD Salt Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of PVD Salt in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

PVD Salt Price Trend for the First Half of 2023

In the first two quarters of 2023, the prices of PVD salt inclined in the Asia-Pacific region as South Koreans resorted to panic buying amid the threat of release of radioactive water into the oceans by Japan. This extreme crisis led to panic buying from the consumer sector, and traders faced severe depletion of the inventories. The result of this was also seen in quantitative figures, as in the second quarter of 2023, the prices of PVD salt increased by almost 27%.

PVD Salt Price Trends

In countries like Bangladesh, the trend followed a similar trajectory but due to different concerns. The prices of basic commodities in this region surged due to a rise in the cost of production, rates of transportation, and a hike in labor wages. The production rates in Bangladesh achieved new highs, but despite that, the prices kept on rising as it was backed by strong demand and the onset of the Eid season.

Analyst Insight

According to Procurement Resource, the price of PVD Salt is expected to fluctuate amid the uncertain market conditions but seems to be supported by the rising demand from the consumer sector.

Procurement Resource provides latest prices of PVD Salt. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

PVD Salt or Pure Vacuum Dried Salt is a type of salt which appears as a white crystalline odourless substance with a characteristic salty taste. It is a food grade salt and is extracted by pumping water deep underground into the reserves of hard salt. Force is applied to pump it back which brings hard salt as a thick brine solution up to the surface. It is further dried and processed to create a fine food grade salt.

Product Details

Report Features Details
Product Name PVD Salt
Industrial Uses Water treatment, Textile and dyeing, Metal processing, Rubber manufacturing, Oil and gas drilling, Pharmaceuticals, Food preservative
Synonyms Pure Vacuum Dried Salt
Supplier Database RX Marine International, K+S Aktiengesellschaft, Qingdao Eastchem Inc., Zoutman NV, British Salt, Dominion Salt
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Process

  • Production of PVD Salt via Open-Pan Salt Making

Open-pan salt making is a common process for salt production. In this process, salt is extracted or derived with the help of vacuum pans from brine, which is obtained primarily by pumping the groundwater. Vacuum pans are utilised for heating brine, which lowers the boiling point, thus, finally obtaining the desired product after removing the impurities.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

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Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

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