CIS: Market for Iodine, Fluorine And Bromine 2024

Market Size for Iodine, Fluorine And Bromine in CIS

The CIS iodine, fluorine and bromine market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption showed a perceptible increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Iodine, Fluorine And Bromine in CIS

In value terms, iodine, fluorine and bromine production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Exports of Iodine, Fluorine And Bromine

Exports in CIS

In 2022, exports of iodine, fluorine and bromine in the CIS surged to X tons, rising by X% against the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, iodine, fluorine and bromine exports skyrocketed to $X in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Azerbaijan dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Russia (X tons), committing a X% share of total exports. Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to iodine, fluorine and bromine exports from Azerbaijan stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Azerbaijan (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

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

In Azerbaijan, iodine, fluorine and bromine exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price saw pronounced growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Imports of Iodine, Fluorine And Bromine

Imports in CIS

In 2022, overseas purchases of iodine, fluorine and bromine were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iodine, fluorine and bromine imports soared to $X in 2022. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia prevails in imports structure, recording X tons, which was approx. X% of total imports in 2022. Uzbekistan (X tons) held a little share of total imports.

Russia 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, Uzbekistan (X%) displayed positive paces of growth. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a slight 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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