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

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

After six years of decline, the German market for bromides and bromide oxides, iodides and iodide oxides increased by 64% to $X in 2021. In general, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

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

In value terms, bromides, iodides and oxids thereof production dropped slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 30%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Germany

In 2021, shipments abroad of bromides and bromide oxides, iodides and iodide oxides decreased by -10.3% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 27% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof exports reached $X in 2021. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 22%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

France (X tons), the Netherlands (X tons) and Austria (X tons) were the main destinations of bromides, iodides and oxids thereof exports from Germany, together comprising 51% of total exports. These countries were followed by Romania, Japan, Belgium, Switzerland, the United States, the Czech Republic, Italy, Poland, China and Hungary, which together accounted for a further 42%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +20.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), France ($X) and Switzerland ($X) appeared to be the largest markets for bromides, iodides and oxids thereof exported from Germany worldwide, with a combined 53% share of total exports. The United States, the Netherlands, Belgium, Austria, China, Romania, Poland, Italy, the Czech Republic and Hungary lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Romania, with a CAGR of +12.3%, recorded the highest rates of growth with regard to 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 average export price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2021, surging by 13% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bromides, iodides and oxids thereof export price increased by +40.5% against 2015 indices. The pace of growth appeared the most rapid in 2013 an increase of 42% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Romania ($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 China (+25.2%), 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 Germany

In 2021, supplies from abroad of bromides and bromide oxides, iodides and iodide oxides was finally on the rise to reach X tons after two years of decline. Overall, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 50%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, bromides, iodides and oxids thereof imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest bromides, iodides and oxids thereof supplier to Germany, with a 77% share of total imports. Moreover, bromides, iodides and oxids thereof imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was taken by Switzerland (X tons), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.3% per year) and Switzerland (+69.3% per year).

In value terms, the Netherlands ($X), the UK ($X) and France ($X) constituted the largest bromides, iodides and oxids thereof suppliers to Germany, together comprising 67% of total imports. These countries were followed by India, Belgium, Switzerland and Israel, which together accounted for a further 21%.

In terms of the main suppliers, Switzerland, with a CAGR of +28.5%, recorded 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

The average import price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2021, rising by 27% against the previous year. Overall, the import price, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2013 an increase of 60% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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