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Salt and Other Mineral Mining in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Salt and Other Mineral Mining Market Research Report | ANZSIC B0992 | May 2015

Evaporating revenue: Lower salt prices drive declines, despite growth in production

IBISWorld’s Salt and Other Mineral Mining market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$940m
Annual Growth 10-15
-0.7%
Annual Growth 15-20
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Profit
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Employment
1,900
Businesses
165
Industry Analysis & Industry Trends

The industry’s major product is salt. A large proportion of the salt collected is exported to chemical product manufacturing plants in Asia. Australia’s salt production is expected to total 15.3 million tonnes in 2014-15, up from 11.8 million tonnes in 2009-10 as output increased due to declining sales prices. Australia’s salt output accounted for an estimated 5.0% of approximately 305 million tonnes in global salt output in 2013-14. Although Australia’s salt production ranks behind that of major producing countries, 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... purchase to read more

Industry Report - Starting a New Business Chapter

Although entry barriers to the industry vary according to the product being mined, these are generally at a high level. Barriers to entry to the salt mining segment are high due to the process being extremely land-intensive, with most existing producers having close links with downstream salt processing and manufacturing companies. A new entrant would face the difficult task of gaining customers from a wholly owned or partly owned producer. Salt is generally produced to customer specifications, requiring considerable expertise to fulfil these requirements. Also, the lag between establishing an operation and the harvesting and sale of salt is considerable (over 12 months), requiring substantial sums of working capital... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Salt and Other Mineral Mining Industry?

Firms in the industry harvest salt and mine or quarry non-metallic minerals such as phosphate rock, silica, gypsum, magnesite and talc.

Industry Products
SaltPhosphate rockSilica sandGypsumMagnesiteOther minerals
 
Industry Activities
Barite miningGraphite miningGypsum quarryingMagnesia minerals miningPhosphate rock miningSalt harvestingSilica sand quarryingTalc miningOther non-metallic mineral mining


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