ASEAN: Market for Iodine, Fluorine And Bromine 2024

Market Size for Iodine, Fluorine And Bromine in ASEAN

The ASEAN iodine, fluorine and bromine market expanded rapidly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw strong growth. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Production of Iodine, Fluorine And Bromine in ASEAN

In value terms, iodine, fluorine and bromine production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, saw a drastic downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Iodine, Fluorine And Bromine

Exports in ASEAN

In 2022, after three years of decline, there was significant growth in shipments abroad of iodine, fluorine and bromine, when their volume increased by X% to X tons. Over the period under review, exports recorded a strong increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, iodine, fluorine and bromine exports skyrocketed to $X in 2022. Overall, exports enjoyed prominent growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore represented the major exporter of iodine, fluorine and bromine in ASEAN, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Malaysia (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%).

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) displayed negative dynamics.

In value terms, Singapore ($X) remains the largest iodine, fluorine and bromine supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

In Singapore, iodine, fluorine and bromine exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a mild setback. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Iodine, Fluorine And Bromine

Imports in ASEAN

In 2022, supplies from abroad of iodine, fluorine and bromine increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, iodine, fluorine and bromine imports surged to $X in 2022. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Singapore prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Vietnam (X tons), generating a X% share of total imports. Malaysia (X tons) followed a long way behind the leaders.

Singapore was also the fastest-growing in terms of the iodine, fluorine and bromine imports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. While the share of Singapore (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported iodine, fluorine and bromine in ASEAN, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

In Singapore, iodine, fluorine and bromine imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a deep slump. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :