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

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in the EU

In 2021, the EU market for bromides and bromide oxides, iodides and iodide oxides increased by 12% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in years to come.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in the EU

In value terms, bromides, iodides and oxids thereof production fell to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 26%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports in the EU

In 2021, the amount of bromides and bromide oxides, iodides and iodide oxides exported in the European Union fell to X tons, waning by -3% on the previous year's figure. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 48%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof exports rose remarkably to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 24% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the main exporter of bromides and bromide oxides, iodides and iodide oxides in the European Union, with the volume of exports reaching X tons, which was approx. 53% of total exports in 2021. Germany (X tons) held the second position in the ranking, followed by Belgium (X tons). All these countries together held approx. 38% share of total exports. The following exporters - Spain (X tons), Poland (X tons) and Sweden (X tons) - each amounted to a 6.2% share of total exports.

Exports from the Netherlands increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, Poland (+42.8%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +42.8% from 2012-2021. Germany and Belgium experienced a relatively flat trend pattern. By contrast, Sweden (-3.0%) and Spain (-5.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands and Poland increased by +3.3 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 79% of total exports. Poland, Spain and Sweden lagged somewhat behind, together comprising a further 4.3%.

In terms of the main exporting countries, Poland, with a CAGR of +15.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, growing by 10% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 15%. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the other leaders experienced more modest paces of growth.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports in the EU

In 2021, approx. X tons of bromides and bromide oxides, iodides and iodide oxides were imported in the European Union; increasing by 2.6% compared with 2020 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 11% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, bromides, iodides and oxids thereof imports expanded rapidly to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 17%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons), the Netherlands (X tons) and Belgium (X tons) was the largest importer of bromides and bromide oxides, iodides and iodide oxides in the European Union, comprising 68% of total import. France (X tons) held the next position in the ranking, followed by Italy (X tons). All these countries together took approx. 13% share of total imports. Poland (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +10.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bromides, iodides and oxids thereof importing markets in the European Union were Germany ($X), Belgium ($X) and the Netherlands ($X), together comprising 68% of total imports.

Germany, with a CAGR of +3.9%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, picking up by 11% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 12% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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