Belgium: Market for Fluorine, Chlorine, Bromine and Iodine 2024

Market Size for Fluorine, Chlorine, Bromine and Iodine in Belgium

The Belgian market for fluorine, chlorine, bromine and iodines reduced markedly to $X in 2021, with a decrease of -39.5% against the previous year. In general, consumption faced a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Fluorine, Chlorine, Bromine and Iodine in Belgium

In value terms, fluorine, chlorine, bromine and iodine production contracted to $X in 2021 estimated in export price. In general, production recorded a mild reduction. The pace of growth was the most pronounced in 2015 when the production volume increased by 231%. Fluorine, chlorine, bromine and iodine production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Fluorine, Chlorine, Bromine and Iodine

Exports from Belgium

In 2021, shipments abroad of fluorine, chlorine, bromine and iodines increased by 5.4% to X tons, rising for the second consecutive year after three years of decline. Overall, exports recorded a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 234% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, fluorine, chlorine, bromine and iodine exports soared to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 36%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for fluorine, chlorine, bromine and iodine exports from Belgium, accounting for a 72% share of total exports. Moreover, fluorine, chlorine, bromine and iodine exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), sixfold. The third position in this ranking was held by Germany (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.2% per year) and Germany (+19.2% per year).

In value terms, the largest markets for fluorine, chlorine, bromine and iodine exported from Belgium were Norway ($X), France ($X) and Italy ($X), together accounting for 70% of total exports.

In terms of the main countries of destination, Norway, with a CAGR of +18.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for fluorine, chlorine, bromine and iodines amounted to $X per ton, increasing by 10% against the previous year. Overall, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 36%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+17.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fluorine, Chlorine, Bromine and Iodine

Imports into Belgium

In 2021, fluorine, chlorine, bromine and iodine imports into Belgium fell to X tons, with a decrease of -6.8% on the previous year's figure. Overall, imports continue to indicate a slight curtailment. The growth pace was the most rapid in 2020 when imports increased by 64% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, fluorine, chlorine, bromine and iodine imports shrank significantly to $X in 2021. Over the period under review, imports showed a deep slump. The growth pace was the most rapid in 2016 when imports increased by 57% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Israel (X tons), France (X tons) and Germany (X tons) were the main suppliers of fluorine, chlorine, bromine and iodine imports to Belgium, together accounting for 70% of total imports. The Netherlands, Chile and Jordan lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +36.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constituted the largest supplier of fluorine, chlorine, bromine and iodines to Belgium, comprising 75% of total imports. The second position in the ranking was taken by Israel ($X), with a 14% share of total imports. It was followed by Jordan, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile totaled -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (-4.5% per year) and Jordan (+5.5% per year).

Import Prices by Country

In 2021, the average import price for fluorine, chlorine, bromine and iodines amounted to $X per ton, shrinking by -12.2% against the previous year. Overall, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 82% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform