Industry Analysis & Industry Trends
The Cooking Salt Processing industry is firmly ingrained into the food sector of the economy. Food manufacturers and processors require salt products for a multitude of uses ranging from flavouring, curing, seasoning and preserving. From a consumer perspective, cooking and table salt form a staple of the weekly grocery basket thereby rendering demand relatively inelastic to price changes. In terms of supply, the near limitless availability of raw material inputs has resulted in stability in domestic production and low levels of price volatility. The high level of concentration and value addition within the industry has also allowed producers to benefit from high profit margins and brand loyalty... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a medium level of concentration, with the combined revenue from the largest four enterprises at just under 70% of total revenue. It should be noted that there is just one major player accounting for the majority of industry revenue at 60.1%. This reflects the specialisation of Cheetham Salt in the broader salt mining and processing market, which also includes the activities of players in the Salt and Other Mineral Mining in Australia industry. In general, international mining companies active in the Salt and Other Mineral Mining in Australia are focused on export markets and their activities dominate salt processing.
Within the industry, there are a number of small players focused on niche markets... purchase to read more