China: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in China

The Chinese chlorates, bromates and iodates market was estimated at $X in 2021, with an increase of 3.9% against the previous year. In general, consumption recorded a buoyant expansion. Chlorates, bromates and iodates consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in China

In value terms, chlorates, bromates and iodates production reached $X in 2021 estimated in export price. Overall, production posted a resilient increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 32%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from China

For the fourth consecutive year, China recorded decline in shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates, which decreased by -14.3% to X tons in 2021. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 42% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, chlorates, bromates and iodates exports declined modestly to $X in 2021. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 2.8%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X tons), Pakistan (X tons) and Japan (X tons) were the main destinations of chlorates, bromates and iodates exports from China, with a combined 45% share of total exports. These countries were followed by Vietnam, Mexico, Turkey, Indonesia, Guatemala, Australia, Russia, Kenya, the Philippines and Singapore, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +37.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Pakistan ($X) and Vietnam ($X) were the largest markets for chlorates, bromates and iodates exported from China worldwide, with a combined 36% share of total exports. These countries were followed by Japan, Mexico, Turkey, Australia, Indonesia, Russia, Guatemala, Kenya, the Philippines and Singapore, which together accounted for a further 38%.

Russia, with a CAGR of +37.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chlorates, bromates and iodates export price stood at $X per ton in 2021, surging by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 40% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Thailand ($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 Australia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into China

After two years of growth, supplies from abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by -11.5% to X tons in 2021. Overall, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 456% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, chlorates, bromates and iodates imports totaled $X in 2021. In general, imports recorded a mild curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 120%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of chlorates, bromates and iodates to China, accounting for a 45% share of total imports. Moreover, chlorates, bromates and iodates imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), threefold. India (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+3,232.8% per year) and India (-5.6% per year).

In value terms, the United States ($X), India ($X) and Chile ($X) appeared to be the largest chlorates, bromates and iodates suppliers to China, together comprising 66% of total imports.

Chile, with a CAGR of +2,413.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chlorates, bromates and iodates import price stood at $X per ton in 2021, jumping by 27% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 59% against the previous year. The import price 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 supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+31.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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