Asia-Pacific: Complex Fluorine Salts Market 2025

Complex Fluorine Salts Market Size in Asia-Pacific

In 2021, the Asia-Pacific complex fluorine salts market increased by 4.8% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the near future.

Complex Fluorine Salts Production in Asia-Pacific

In value terms, complex fluorine salts production dropped to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +68.5% against 2017 indices. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, production attained the peak level of $X, and then contracted in the following year.

Complex Fluorine Salts Exports

Exports in Asia-Pacific

In 2021, shipments abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts decreased by -12.2% to X tons, falling for the third consecutive year after two years of growth. In general, exports showed a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of 23% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, complex fluorine salts exports surged to $X in 2021. Total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, finishing at X tons, which was approx. 81% of total exports in 2021. It was distantly followed by Japan (X tons), constituting a 6.4% share of total exports. South Korea (X tons), Taiwan (Chinese) (X tons) and India (X tons) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -1.9% from 2012 to 2021. At the same time, South Korea (+14.9%) and Taiwan (Chinese) (+7.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +14.9% from 2012-2021. By contrast, India (-1.7%) and Japan (-2.9%) illustrated a downward trend over the same period. South Korea (+3.2 p.p.) and Taiwan (Chinese) (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest complex fluorine salts supplier in Asia-Pacific, comprising 57% of total exports. The second position in the ranking was taken by South Korea ($X), with a 23% share of total exports. It was followed by Japan, with a 14% share.

In China, complex fluorine salts exports increased at an average annual rate of +6.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+24.7% per year) and Japan (+1.5% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, jumping by 66% against the previous year. Over the period under review, the export price recorded a resilient increase. As a result, the export price attained the peak level and is likely to continue 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 ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.6%), while the other leaders experienced more modest paces of growth.

Complex Fluorine Salts Imports

Imports in Asia-Pacific

After three years of decline, purchases abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by 25% to X tons in 2021. Over the period under review, imports, however, recorded a noticeable reduction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, complex fluorine salts imports soared to $X in 2021. In general, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) was the key importer of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts, making up 34% of total imports. Malaysia (X tons) ranks second in terms of the total imports with a 17% share, followed by South Korea (12%), Australia (12%), Japan (6.6%) and China (5.3%). Thailand (X tons) held a little share of total imports.

Imports into India increased at an average annual rate of +7.3% from 2012 to 2021. At the same time, Australia (+25.8%), Malaysia (+17.4%), Japan (+5.5%), South Korea (+4.7%) and Thailand (+3.8%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +25.8% from 2012-2021. By contrast, China (-6.3%) illustrated a downward trend over the same period. While the share of India (+19 p.p.), Malaysia (+14 p.p.), Australia (+11 p.p.), South Korea (+5.6 p.p.) and Japan (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of China (-2.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest complex fluorine salts importing markets in Asia-Pacific were South Korea ($X), China ($X) and Japan ($X), with a combined 68% share of total imports. India, Malaysia and Australia lagged somewhat behind, together comprising a further 19%.

Among the main importing countries, Australia, with a CAGR of +23.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, growing by 16% against the previous year. In general, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by 23% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while India ($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 (+19.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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