Asia: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in Asia

The Asian complex fluorine salts market was estimated at $X in 2022, stabilizing at the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Complex Fluorine Salts Production in Asia

In value terms, complex fluorine salts production stood at $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Complex Fluorine Salts Exports

Exports in Asia

In 2022, overseas shipments of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, complex fluorine salts exports surged to $X in 2022. In general, exports showed a strong increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%). South Korea (X tons), Taiwan (Chinese) (X tons), Jordan (X tons), India (X tons) and Bahrain (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to complex fluorine salts exports from China stood at X%. At the same time, Bahrain (X%), South Korea (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Japan (X%), India (X%) and Jordan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea and Bahrain increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest complex fluorine salts supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Japan, with an X% share.

In China, complex fluorine salts exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, growing by X% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

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

Complex Fluorine Salts Imports

Imports in Asia

In 2022, overseas purchases of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by X% to X tons, rising for the third year in a row after two years of decline. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, complex fluorine salts imports expanded markedly to $X in 2022. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, India (X tons), distantly followed by Malaysia (X tons), Bahrain (X tons), South Korea (X tons), the United Arab Emirates (X tons), Turkey (X tons), Japan (X tons) and China (X tons) represented the largest importers of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts, together making up X% of total imports.

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

In value terms, South Korea ($X), China ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. India, Malaysia, Bahrain, the United Arab Emirates and Turkey lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, complex fluorine salts import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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