Finland: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Finland

For the fourth year in a row, the Finnish chlorates, bromates and iodates market recorded growth in sales value, which increased by 6.8% to $X in 2021. In general, consumption continues to indicate strong growth. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Finland

In value terms, chlorates, bromates and iodates production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 27% against the previous year. Over the period under review, production hit record highs in 2021 and is likely to see steady growth in the immediate term.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Finland

In 2019, chlorates, bromates and iodates exports from Finland contracted to X tons, waning by -5.7% on 2018 figures. Overall, exports recorded a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of 21%. As a result, the exports attained the peak of X tons. From 2018 to 2019, the growth of the exports failed to regain momentum.

In value terms, chlorates, bromates and iodates exports declined to $X in 2019. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 10% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Russia (X tons) and Germany (X tons) were the main destinations of chlorates, bromates and iodates exports from Finland, together accounting for 67% of total exports. These countries were followed by South Africa, Thailand, Belgium, Slovakia, Taiwan (Chinese), Poland, Belarus, Vietnam and India, which together accounted for a further 26%.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +134.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chlorates, bromates and iodates exported from Finland were Russia ($X), Sweden ($X) and Germany ($X), together accounting for 60% of total exports. South Africa, Thailand, Belgium, Slovakia, Taiwan (Chinese), Poland, Belarus, Vietnam and India lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of +120.1%, 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

In 2019, the average chlorates, bromates and iodates export price amounted to $X per ton, rising by 4% against the previous year. Over the last seven years, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2019, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.1%), while the prices for the other major destinations experienced a decline.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Finland

In 2021, purchases abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates increased by 2,362% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, continue to indicate a drastic downturn. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, chlorates, bromates and iodates imports surged to $X in 2021. In general, imports, however, showed a deep reduction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) was the main supplier of chlorates, bromates and iodates to Finland, with a 99% share of total imports. It was followed by Denmark (X kg), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to -5.4%.

In value terms, Sweden ($X) constituted the largest supplier of chlorates and perchlorates, bromates and perbromates, iodates and periodates to Finland, comprising 98% of total imports. The second position in the ranking was held by Denmark ($X), with a 0.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Sweden stood at -12.1%.

Import Prices by Country

In 2021, the average chlorates, bromates and iodates import price amounted to $X per ton, waning by -70.6% against the previous year. In general, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2013 when the average import price increased by 77% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Sweden totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+12.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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