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

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

For the third year in a row, the Danish market for bromides and bromide oxides, iodides and iodide oxides recorded growth in sales value, which increased by 32% to $X in 2021. Over the period under review, consumption, however, saw a deep reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, bromides, iodides and oxids thereof production contracted to $X in 2021 estimated in export price. Overall, production, however, posted significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 222%. Bromides, iodides and oxids thereof production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Denmark

In 2021, the amount of bromides and bromide oxides, iodides and iodide oxides exported from Denmark shrank significantly to X tons, dropping by -43.2% compared with the year before. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 1,633% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof exports shrank modestly to $X in 2021. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 1,015%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for bromides, iodides and oxids thereof exports from Denmark, with a 93% share of total exports. Moreover, bromides, iodides and oxids thereof exports to Norway exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway amounted to +96.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-5.6% per year) and the UK (-44.4% per year).

In value terms, Norway ($X) remains the key foreign market for bromides and bromide oxides, iodides and iodide oxides exports from Denmark, comprising 89% of total exports. The second position in the ranking was taken by Sweden ($X), with a 2.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway stood at +113.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-3.1% per year) and the UK (-40.6% per year).

Export Prices by Country

In 2021, the average export price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, picking up by 73% against the previous year. In general, the export price showed a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 103% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to the UK ($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 Norway (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into Denmark

In 2021, after two years of decline, there was significant growth in supplies from abroad of bromides and bromide oxides, iodides and iodide oxides, when their volume increased by 454% to X tons. Overall, imports, however, saw a abrupt contraction. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof imports soared to $X in 2021. Over the period under review, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 598% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of bromides, iodides and oxids thereof to Denmark, accounting for a 82% share of total imports. Moreover, bromides, iodides and oxids thereof imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to -20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+3.1% per year) and France (+101.6% per year).

In value terms, the largest bromides, iodides and oxids thereof suppliers to Denmark were France ($X), the Netherlands ($X) and Sweden ($X), together accounting for 90% of total imports.

Among the main suppliers, France, with a CAGR of +109.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, waning by -64.6% against the previous year. In general, the import price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2018 an increase of 241% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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