Eastern Europe: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Eastern Europe

In 2021, the East European market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -3.8% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 9.4%. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Eastern Europe

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals contracted modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild increase. The growth pace was the most rapid in 2018 with an increase of 9.9% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in Eastern Europe

In 2021, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in Eastern Europe was estimated at X tons, standing approx. at the year before. Over the period under review, exports enjoyed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 292% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals declined slightly to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 33%. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland was the key exporting country with an export of about X tons, which accounted for 66% of total exports. It was distantly followed by Russia (X tons), achieving a 33% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +23.9%).

In value terms, Russia ($X) remains the largest chlorides and phosphorus oxychloride and halides supplier in Eastern Europe, comprising 67% of total exports. The second position in the ranking was taken by Poland ($X), with a 29% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at -3.7%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, which is down by -3.4% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by 190% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while Poland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-0.7%).

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in Eastern Europe

In 2021, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in Eastern Europe dropped to X tons, with a decrease of -13.4% compared with the previous year's figure. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 39%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals dropped modestly to $X in 2021. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of 29%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic was the main importer of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in Eastern Europe, with the volume of imports finishing at X tons, which was approx. 46% of total imports in 2021. Hungary (X tons) ranks second in terms of the total imports with a 19% share, followed by Poland (16%) and Russia (12%). Ukraine (X tons) and Romania (X tons) followed a long way behind the leaders.

The Czech Republic experienced a relatively flat trend pattern with regard to volume of imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals. At the same time, Poland (+1.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +1.9% from 2012-2021. By contrast, Romania (-2.9%), Hungary (-3.0%), Ukraine (-14.5%) and Russia (-15.4%) illustrated a downward trend over the same period. While the share of the Czech Republic (+18 p.p.), Poland (+7.5 p.p.) and Hungary (+3.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Ukraine (-4.4 p.p.) and Russia (-20.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chlorides and phosphorus oxychloride and halides importing markets in Eastern Europe were the Czech Republic ($X), Russia ($X) and Hungary ($X), together comprising 62% of total imports. These countries were followed by Poland, Ukraine and Romania, which together accounted for a further 28%.

Among the main importing countries, Romania, with a CAGR of +10.7%, saw 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

In 2021, the import price in Eastern Europe amounted to $X per ton, surging by 13% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 16%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Ukraine ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+14.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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