Central Asia: Market for Iodine, Fluorine And Bromine 2024

Market Size for Iodine, Fluorine And Bromine in Central Asia

The Central Asian iodine, fluorine and bromine market skyrocketed to $X in 2021, with an increase of 155% against the previous year. Overall, consumption, however, recorded a abrupt slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Iodine, Fluorine And Bromine in Central Asia

In value terms, iodine, fluorine and bromine production contracted modestly to $X in 2021 estimated in export price. In general, production continues to indicate a noticeable slump. The growth pace was the most rapid in 2019 with an increase of 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Iodine, Fluorine And Bromine

Exports in Central Asia

In 2021, approx. X tons of iodine, fluorine and bromine were exported in Central Asia; which is down by -31.5% against the previous year. Total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by +0.6% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 107%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, iodine, fluorine and bromine exports dropped significantly to $X in 2021. Overall, exports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2013 with an increase of 72% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Turkmenistan (X tons), together reaching 99.9% of total export.

Turkmenistan was also the fastest-growing in terms of the iodine, fluorine and bromine exports, with a CAGR of +6.2% from 2012 to 2021. While the share of Turkmenistan (+2.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkmenistan ($X) also remains the largest iodine, fluorine and bromine supplier in Central Asia.

In Turkmenistan, iodine, fluorine and bromine exports decreased by an average annual rate of -2.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, rising by 6.4% against the previous year. Overall, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the export price increased by 40% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkmenistan.

From 2012 to 2021, the rate of growth in terms of prices for Turkmenistan amounted to -8.1% per year.

Imports of Iodine, Fluorine And Bromine

Imports in Central Asia

Iodine, fluorine and bromine imports expanded sharply to X tons in 2021, surging by 7.1% compared with 2020. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 263% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, iodine, fluorine and bromine imports declined significantly to $X in 2021. Overall, imports, however, showed a slight descent. The pace of growth appeared the most rapid in 2017 with an increase of 634% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Kazakhstan (X tons) and Uzbekistan (X tons) were the key importers of iodine, fluorine and bromine in Central Asia, together resulting at near 83% of total imports. Turkmenistan (X kg) ranks next in terms of the total imports with an 11% share, followed by Kyrgyzstan (4.6%).

From 2012 to 2021, the biggest increases were recorded for Turkmenistan (with a CAGR of +14.1%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest iodine, fluorine and bromine importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X), with a combined 97% share of total imports. These countries were followed by Turkmenistan, which accounted for a further 2.2%.

In terms of the main importing countries, Turkmenistan, with a CAGR of +5.4%, 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 a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per ton, dropping by -28.9% against the previous year. In general, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 102%. The level of import peaked at $X per ton in 2012; however, from 2013 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 Kyrgyzstan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (-4.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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