Industry Analysis & Industry Trends
The industry's major product is salt. A large proportion of the salt is exported to chemical product manufacturing plants in Asia. Australia's salt production is expected to total 13.6 million tonnes in 2013-14, up from 11.3 million tonnes in 2008-09 due to increased output as final prices declined. Australia's salt output is estimated to account for 4.7% of global salt output in 2013-14, at approximately 290 million tonnes. Although Australia's salt production ranks behind that of the major producers, it is the world's largest exporter of salt. Unlike most other salt-producing countries, Australia exports the bulk of its salt production. Other important industry products are phosphate, silica, gypsum and magnesite.
The industry is estimated to generate revenue of $859.3... purchase to read more
Industry Report - Industry Products Chapter
The industry's major products are salt, phosphate, silica, gypsum, and magnesite. These minerals are estimated to account for 18.8% of industry revenue in 2013-14.
Salt mined by the industry is mainly exported and used by industrial salt manufacturers. Salt production generates the largest share of industry revenue at an estimated 49.2% of industry revenue in 2013-14, with 13.6 million tonnes produced over the year. This revenue share is up from 46.3% in 2008-09 due to declines in other product segments such as phosphate, with salt volumes up from 11.3 million tonnes that year. Production from the largest salt mining company, Dampier Salt Limited, increased at a steady rate over most of the five years through 2013-14... purchase to read more