Eastern Asia: Complex Fluorine Salts Market 2025

Complex Fluorine Salts Market Size in Eastern Asia

For the fourth consecutive year, the East Asian complex fluorine salts market recorded growth in sales value, which increased by 2% to $X in 2021. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +63.8% against 2017 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Complex Fluorine Salts Production in Eastern Asia

In value terms, complex fluorine salts production reduced to $X in 2021 estimated in export price. The total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +61.2% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, production reached the peak level of $X, and then reduced in the following year.

Complex Fluorine Salts Exports

Exports in Eastern Asia

In 2021, the amount of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts exported in Eastern Asia dropped to X tons, with a decrease of -12.8% compared with 2020 figures. Over the period under review, exports saw a mild reduction. The pace of growth was the most pronounced in 2018 when exports increased by 27% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, complex fluorine salts exports soared to $X in 2021. Total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.5% 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 +40.0% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, finishing at X tons, which was approx. 85% of total exports in 2021. Japan (X tons) took the second position in the ranking, followed by South Korea (X tons). All these countries together took approx. 11% share of total exports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to complex fluorine salts exports from China stood at -1.9%. At the same time, South Korea (+14.9%) and Taiwan (Chinese) (+7.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +14.9% from 2012-2021. By contrast, Japan (-2.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Korea and Taiwan (Chinese) increased by +3.4 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest complex fluorine salts supplier in Eastern Asia, comprising 59% of total exports. The second position in the ranking was taken by South Korea ($X), with a 24% share of total exports. It was followed by Japan, with a 15% share.

In China, complex fluorine salts exports increased at an average annual rate of +6.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+24.7% per year) and Japan (+1.5% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, growing by 70% against the previous year. Overall, the export price saw a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 South Korea ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.6%), while the other leaders experienced more modest paces of growth.

Complex Fluorine Salts Imports

Imports in Eastern Asia

After three years of decline, supplies from abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by 28% to X tons in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 28% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, complex fluorine salts imports soared to $X in 2021. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea represented the key importer of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts in Eastern Asia, with the volume of imports finishing at X tons, which was near 46% of total imports in 2021. Japan (X tons) took a 25% share (based on physical terms) of total imports, which put it in second place, followed by China (20%) and Taiwan (Chinese) (6.5%). Hong Kong SAR (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +5.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, South Korea ($X), China ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 91% of total imports.

In terms of the main importing countries, South Korea, with a CAGR of +13.6%, saw the highest rates of growth with regard to 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

In 2021, the import price in Eastern Asia amounted to $X per ton, rising by 21% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. The level of import peaked in 2021 and is likely to continue growth in years to come.

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 China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+19.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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