Benelux: Market for Iodine, Fluorine And Bromine 2024

Market Size for Iodine, Fluorine And Bromine in Benelux

The Benelux iodine, fluorine and bromine market declined to $X in 2021, which is down by -10.7% against the previous year. In general, consumption showed a deep reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Iodine, Fluorine And Bromine in Benelux

In value terms, iodine, fluorine and bromine production shrank slightly to $X in 2021 estimated in export price. Overall, production, however, showed a slight decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 96%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Iodine, Fluorine And Bromine

Exports in Benelux

In 2021, shipments abroad of iodine, fluorine and bromine increased by 6.5% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, iodine, fluorine and bromine exports surged to $X in 2021. Total exports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.8% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 35% against the previous year. 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 prevails in exports structure, recording X tons, which was approx. 92% of total exports in 2021. It was distantly followed by the Netherlands (X tons), creating a 7.8% share of total exports.

Exports from Belgium decreased at an average annual rate of -2.0% from 2012 to 2021. At the same time, the Netherlands (+26.8%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +26.8% from 2012-2021. From 2012 to 2021, the share of the Netherlands increased by +7 percentage points.

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

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium was relatively modest.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, rising by 8.3% against the previous year. Export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iodine, fluorine and bromine export price decreased by -35.9% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the export price increased by 36%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 Belgium (+2.2%).

Imports of Iodine, Fluorine And Bromine

Imports in Benelux

In 2021, approx. X tons of iodine, fluorine and bromine were imported in Benelux; with a decrease of -10.1% against the previous year's figure. Over the period under review, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2020 when imports increased by 154% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, iodine, fluorine and bromine imports shrank significantly to $X in 2021. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Belgium prevails in imports structure, recording X tons, which was near 96% of total imports in 2021. The Netherlands (X tons) followed a long way behind the leaders.

Imports into Belgium decreased at an average annual rate of -4.1% from 2012 to 2021. The Netherlands experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported iodine, fluorine and bromine in Benelux, comprising 84% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Belgium stood at -5.8%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, waning by -5.6% against the previous year. Overall, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of 52% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.7%).

Source: IndexBox Platform