ASEAN: Market for Bromides And Bromide Oxides, Iodides And Iodide Oxides 2024

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in ASEAN

In 2022, the ASEAN market for bromides and bromide oxides, iodides and iodide oxides decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption recorded a pronounced reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in ASEAN

In value terms, bromides, iodides and oxids thereof production declined to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports in ASEAN

In 2022, shipments abroad of bromides and bromide oxides, iodides and iodide oxides increased by X% to X tons, rising for the fifth consecutive year after three years of decline. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, bromides, iodides and oxids thereof exports surged to $X in 2022. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Singapore (X tons) and Lao People's Democratic Republic (X tons) were the key exporters of bromides and bromide oxides, iodides and iodide oxides in ASEAN, together reaching near X% of total exports. It was distantly followed by Malaysia (X tons) and Thailand (X tons), together comprising an X% share of total exports. Brunei Darussalam (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bromides, iodides and oxids thereof supplying countries in ASEAN were Lao People's Democratic Republic ($X), Singapore ($X) and Malaysia ($X), with a combined X% share of total exports. Thailand and Brunei Darussalam lagged somewhat behind, together accounting for a further X%.

Brunei Darussalam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price saw a modest increase. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the export price figures.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports in ASEAN

In 2022, overseas purchases of bromides and bromide oxides, iodides and iodide oxides decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then contracted notably in the following year.

In value terms, bromides, iodides and oxids thereof imports totaled $X in 2022. In general, imports, however, enjoyed tangible growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Singapore (X tons) and Malaysia (X tons) prevails in imports structure, together achieving X% of total imports. It was distantly followed by Indonesia (X tons), Thailand (X tons) and Brunei Darussalam (X tons), together mixing up an X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Singapore ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Indonesia and Brunei Darussalam lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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