South Korea's Salt Panic Buying: Who is the World's Largest Producer?

Education

Lite

Erlina Fury Santika 06/07/2023 20:20 WIB

URL has been copied

Memuat...

Panic buying of salt is occurring in South Korea. Who actually is the world's largest salt producer?

Estimated Salt Production Volume Based on the Top 10 Global Producers (2022)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

South Korea's Salt Panic Buying: Who is the World's Largest Producer?

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Estimated Salt Production Volume Based on the Top 10 Global Producers (2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

South Korea is experiencing panic buying of salt, with citizens excessively purchasing and hoarding it. This is in anticipation of Japan's plan to release radioactive wastewater from the Fukushima nuclear power plant into the ocean.

According to CNN Indonesia, Japan will release over one million metric tons of water used to cool the damaged reactors following the 2011 earthquake and tsunami, into the Pacific Ocean.

While Japan assures the wastewater is safe, the announcement has sparked concern and widespread opposition among South Koreans, particularly fishermen. They fear contamination of salt and seafood, leading to the hoarding.

This panic buying caused a 27% increase in salt prices in South Korea in June 2023. However, officials also attribute the price hike to weather conditions and low production.

The South Korean government is releasing approximately 50 metric tons of salt daily from its reserves, offering a 20% discount until July 11, 2023.

Meanwhile, who is the world's largest salt producer?

According to Statista, China is the leading producer of sea salt, with an estimated production volume of 64 million metric tons (mt) in 2022, a stable figure compared to 2021.

India is second, producing approximately 45 million mt in 2022, up from 42 million mt in 2021.

The United States is third, with an estimated production of 42 million mt. Statista notes this excludes production from Puerto Rico.

Significantly behind in fourth place is Germany, with an estimated 15 million mt of salt production. Australia is fifth, with a projected 13 million mt in 2022. The remaining producers are shown in the accompanying graph.

Statista highlights a major use for this vast salt production: "The largest use of salt is as a raw material for the production of industrial chemicals."

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

China is the Top Destination for Indonesia's Non-oil and Gas Exports up to Q3 2025

Jakarta Sets Record Export Value in July 2025, Here Are Its Destination Countries

10 Countries with the Strongest Manufacturing Competitiveness

10 Largest Gold Exporter Countries in 2024

Venezuela, Country with the Largest Oil Reserves in 2024

Now a trendy food product, who are the world's pistachio producers?

Latest Data Stories

Weather Forecast for Nunukan, May 4-13/25 Demographics 06/12/2025, 8:40 WIB

Indonesian Provinces with the Highest Non-Food Urban Poverty Line in Indonesia (2023) Demographics 06/12/2025, 8:19 WIB

Average Length of Schooling for Cirebon City Residents Up to Grade IX in 2025 Consumer Services & Health 06/12/2025, 8:10 WIB

Copper Prices Rise to US$4.68 per Pound (Thursday, May 22, 2025) Market 06/12/2025, 7:58 WIB

Number of Motor Vehicles in Samarinda City (December 3, 2025) Transportation & Logistics 06/12/2025, 7:50 WIB

10 Regions with the Least Air Pollution in Indonesia, Tabalong Regency Ranks 1st on Saturday Morning Consumer Services & Health 06/12/2025, 7:07 WIB

Download

Source

South Korea's Salt Panic Buying: Who is the World's Largest Producer?

South Korea's Salt Panic Buying: Who is the World's Largest Producer?

Tags

Related Data

China is the Top Destination for Indonesia's Non-oil and Gas Exports up to Q3 2025

Jakarta Sets Record Export Value in July 2025, Here Are Its Destination Countries

10 Countries with the Strongest Manufacturing Competitiveness

10 Largest Gold Exporter Countries in 2024

Venezuela, Country with the Largest Oil Reserves in 2024

Now a trendy food product, who are the world's pistachio producers?

Latest Data Stories

Popular Data

South Korea's Salt Panic Buying: Who is the World's Largest Producer?

South Korea's Salt Panic Buying: Who is the World's Largest Producer?

Tags

Related Data

China is the Top Destination for Indonesia's Non-oil and Gas Exports up to Q3 2025

Jakarta Sets Record Export Value in July 2025, Here Are Its Destination Countries

10 Countries with the Strongest Manufacturing Competitiveness

10 Largest Gold Exporter Countries in 2024

Venezuela, Country with the Largest Oil Reserves in 2024

Now a trendy food product, who are the world's pistachio producers?

Latest Data Stories

Trending Topics

Popular Data