Overview of the Global Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

After three years of growth, the global chlorates, bromates and iodates market decreased by -2.6% to $X in 2021. Over the period under review, consumption showed a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of 9.2% against the previous year. Global consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

In value terms, chlorates, bromates and iodates production reduced to $X in 2021 estimated in export price. In general, production, however, showed a mild decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by 11% against the previous year. Over the period under review, global production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports

In 2021, shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a perceptible downturn. The global exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, chlorates, bromates and iodates exports soared to $X in 2021. In general, exports, however, showed a pronounced decline. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada prevails in exports structure, accounting for X tons, which was near 65% of total exports in 2021. The United States (X tons) took a 9.8% share (based on physical terms) of total exports, which put it in second place, followed by Finland (9.4%). China (X tons), Uruguay (X tons), France (X tons) and Spain (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to chlorates, bromates and iodates exports from Canada stood at -3.8%. At the same time, Spain (+39.4%), France (+34.5%), the United States (+5.1%) and Uruguay (+2.6%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +39.4% from 2012-2021. By contrast, Finland (-8.7%) and China (-14.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, France and Spain increased by +5.5, +2 and +1.5 percentage points, respectively. Finland (-5.4 p.p.) and China (-8.7 p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest chlorates, bromates and iodates supplier worldwide, comprising 42% of global exports. The second position in the ranking was held by France ($X), with a 13% share of global exports. It was followed by China, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Canada totaled -6.0%. In the other countries, the average annual rates were as follows: France (+20.4% per year) and China (-11.5% per year).

Export Prices by Country

In 2021, the average chlorates, bromates and iodates export price amounted to $X per ton, picking up by 2.8% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 8.9%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the other global leaders experienced mixed trends in the export price figures.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports

In 2021, purchases abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates was finally on the rise to reach X tons after three years of decline. Overall, imports, however, showed a pronounced slump. The pace of growth was the most pronounced in 2015 when imports increased by 7.3% against the previous year. Over the period under review, global imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, chlorates, bromates and iodates imports totaled $X in 2021. In general, imports, however, showed a noticeable downturn. Over the period under review, global imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the largest importer of chlorates and perchlorates, bromates and perbromates, iodates and periodates, constituting 48% of total imports. It was distantly followed by Sweden (X tons) and Japan (X tons), together creating a 15% share of total imports. Russia (X tons), Portugal (X tons), Thailand (X tons), India (X tons), South Africa (X tons), Austria (X tons), Australia (X tons) and Germany (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to chlorates, bromates and iodates imports into the United States stood at -4.4%. At the same time, Russia (+2.1%) and Austria (+1.2%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +2.1% from 2012-2021. Germany experienced a relatively flat trend pattern. By contrast, South Africa (-2.3%), Japan (-2.9%), Portugal (-3.1%), Australia (-3.9%), Thailand (-3.9%), Sweden (-7.1%) and India (-7.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia increased by +2 percentage points. Sweden (-2.4 p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported chlorates and perchlorates, bromates and perbromates, iodates and periodates worldwide, comprising 32% of global imports. The second position in the ranking was held by Japan ($X), with a 5.6% share of global imports. It was followed by Russia, with a 4.1% share.

In the United States, chlorates, bromates and iodates imports declined by an average annual rate of -6.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-4.2% per year) and Russia (+0.7% per year).

Import Prices by Country

In 2021, the average chlorates, bromates and iodates import price amounted to $X per ton, with a decrease of -3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 6.1%. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.4%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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