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

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

In 2021, the Benelux market for fluorine, chlorine, bromine and iodines was finally on the rise to reach $X after four years of decline. Over the period under review, consumption showed a pronounced slump. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Fluorine, Chlorine, Bromine and Iodine in Benelux

In value terms, fluorine, chlorine, bromine and iodine production amounted to $X in 2021 estimated in export price. Overall, production, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 74%. The level of 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 in Benelux

In 2021, overseas shipments of fluorine, chlorine, bromine and iodines increased by 6.1% to X tons, rising for the second year in a row after three years of decline. Overall, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 205% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, fluorine, chlorine, bromine and iodine exports surged to $X in 2021. Total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.1% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 35%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium dominates exports structure, finishing at X tons, which was near 97% of total exports in 2021. The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to fluorine, chlorine, bromine and iodine exports from Belgium stood at +9.7%. At the same time, the Netherlands (+28.4%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +28.4% from 2012-2021. The Netherlands (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -2.6% from 2012 to 2021, respectively.

In value terms, Belgium ($X) remains the largest fluorine, chlorine, bromine and iodine supplier in Benelux, comprising 84% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 16% share of total exports.

In Belgium, fluorine, chlorine, bromine and iodine exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, increasing by 8.9% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 28%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-3.7%).

Imports of Fluorine, Chlorine, Bromine and Iodine

Imports in Benelux

Fluorine, chlorine, bromine and iodine imports contracted to X tons in 2021, declining by -1.8% on 2020 figures. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 67%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, fluorine, chlorine, bromine and iodine imports contracted to $X in 2021. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 58% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) was the largest importer of fluorine, chlorine, bromine and iodines, making up 88% of total imports. It was distantly followed by the Netherlands (X tons), committing a 12% share of total imports.

Imports into Belgium decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, the Netherlands (+12.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of +12.3% from 2012-2021. While the share of the Netherlands (+7.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-7.9 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported fluorine, chlorine, bromine and iodines in Benelux, comprising 82% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports.

In Belgium, fluorine, chlorine, bromine and iodine imports shrank by an average annual rate of -5.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, dropping by -11.7% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 57%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-4.6%).

Source: IndexBox Platform