Croatia: Market for Bromides And Bromide Oxides, Iodides And Iodide Oxides 2024

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in Croatia

The Croatian market for bromides and bromide oxides, iodides and iodide oxides declined remarkably to $X in 2021, waning by -79.5% against the previous year. In general, consumption saw a mild setback. Bromides, iodides and oxids thereof consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in Croatia

In value terms, bromides, iodides and oxids thereof production declined to $X in 2021 estimated in export price. In general, production, however, recorded strong growth. The growth pace was the most rapid in 2014 with an increase of 117% against the previous year. Bromides, iodides and oxids thereof production peaked at $X in 2020, and then declined slightly in the following year.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Croatia

In 2021, bromides, iodides and oxids thereof exports from Croatia declined markedly to X tons, shrinking by -59.5% against 2020. Overall, exports, however, posted a moderate increase. The pace of growth was the most pronounced in 2015 when exports increased by 904% against the previous year. The exports peaked at X tons in 2020, and then contracted rapidly in the following year.

In value terms, bromides, iodides and oxids thereof exports fell remarkably to $X in 2021. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 111% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Serbia (X tons), Hungary (X tons) and Slovenia (X kg) were the main destinations of bromides, iodides and oxids thereof exports from Croatia, with a combined 97% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +36.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for bromides, iodides and oxids thereof exported from Croatia were Slovenia ($X), Serbia ($X) and Hungary ($X), with a combined 76% share of total exports.

Among the main countries of destination, Slovenia, with a CAGR of +34.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, with an increase of 32% against the previous year. Overall, the export price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 306% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Slovenia ($X per ton), while the average price for exports to Hungary ($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 Slovenia (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into Croatia

Bromides, iodides and oxids thereof imports into Croatia fell sharply to X tons in 2021, waning by -82.2% on 2020. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 605% against the previous year. As a result, imports reached the peak of X tons, and then dropped notably in the following year.

In value terms, bromides, iodides and oxids thereof imports contracted significantly to $X in 2021. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 298% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons) constituted the largest supplier of bromides, iodides and oxids thereof to Croatia, accounting for a 38% share of total imports. Moreover, bromides, iodides and oxids thereof imports from the UK exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled +31.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+5.8% per year) and Belgium (-1.3% per year).

In value terms, the largest bromides, iodides and oxids thereof suppliers to Croatia were the UK ($X), Belgium ($X) and the Czech Republic ($X), with a combined 50% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +71.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2021, surging by 187% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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