China: Market for Iodine, Fluorine And Bromine 2024

Market Size for Iodine, Fluorine And Bromine in China

The Chinese iodine, fluorine and bromine market surged to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a resilient increase. Iodine, fluorine and bromine consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Iodine, Fluorine And Bromine

Exports from China

In 2022, overseas shipments of iodine, fluorine and bromine increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt shrinkage. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, iodine, fluorine and bromine exports skyrocketed to $X in 2022. Overall, exports, however, faced a abrupt shrinkage. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for iodine, fluorine and bromine exports from China, accounting for a X% share of total exports. Moreover, iodine, fluorine and bromine exports to India exceeded the volume sent to the second major destination, Ecuador (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Saudi Arabia (X% per year).

In value terms, India ($X) emerged as the key foreign market for iodine, fluorine and bromine exports from China, comprising X% of total exports. The second position in the ranking was held by Ecuador ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average iodine, fluorine and bromine export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Iodine, Fluorine And Bromine

Imports into China

Iodine, fluorine and bromine imports into China shrank to X tons in 2022, which is down by X% on the previous year. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, iodine, fluorine and bromine imports surged to $X in 2022. In general, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Israel (X tons) constituted the largest supplier of iodine, fluorine and bromine to China, accounting for a X% share of total imports. Moreover, iodine, fluorine and bromine imports from Israel exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Jordan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Israel totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Jordan (X% per year).

In value terms, Chile ($X), Israel ($X) and Jordan ($X) constituted the largest iodine, fluorine and bromine suppliers to China, with a combined X% share of total imports. India, Japan and the United States lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iodine, fluorine and bromine import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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