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

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

The CIS market for bromides and bromide oxides, iodides and iodide oxides skyrocketed to $X in 2022, jumping by X% against the previous year. The total consumption indicated resilient growth 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 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, bromides, iodides and oxids thereof production stood at $X in 2022 estimated in export price. In general, production showed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports in CIS

In 2022, the amount of bromides and bromide oxides, iodides and iodide oxides exported in the CIS reduced remarkably to X tons, dropping by X% against 2021 figures. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted sharply in the following year.

In value terms, bromides, iodides and oxids thereof exports reduced markedly to $X in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

The biggest shipments were from Russia (X tons), together accounting for X% of total export.

Russia was also the fastest-growing in terms of the bromides and bromide oxides, iodides and iodide oxides exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Russia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest bromides, iodides and oxids thereof supplier in the CIS.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price saw a deep slump. The growth pace was the most rapid in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports in CIS

In 2022, purchases abroad of bromides and bromide oxides, iodides and iodide oxides increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof imports stood at $X in 2022. Overall, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Azerbaijan was the major importer of bromides and bromide oxides, iodides and iodide oxides in the CIS, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Russia (X tons), constituting a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Russia (with a CAGR of X%).

In value terms, the largest bromides, iodides and oxids thereof importing markets in the CIS were Azerbaijan ($X) and Russia ($X).

Among the main importing countries, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Azerbaijan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform

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