Iran: Market for Fluorine, Chlorine, Bromine and Iodine 2024

Market Size for Fluorine, Chlorine, Bromine and Iodine in Iran

In 2021, the Iranian market for fluorine, chlorine, bromine and iodines decreased by -1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020, and then dropped modestly in the following year.

Production of Fluorine, Chlorine, Bromine and Iodine in Iran

In value terms, fluorine, chlorine, bromine and iodine production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 31% against the previous year. Fluorine, chlorine, bromine and iodine production peaked at $X in 2020, and then fell modestly in the following year.

Exports of Fluorine, Chlorine, Bromine and Iodine

Exports from Iran

In 2021, shipments abroad of fluorine, chlorine, bromine and iodines decreased by -9.7% to X tons, falling for the sixth consecutive year after two years of growth. Overall, exports continue to indicate a slight slump. The pace of growth was the most pronounced in 2015 with an increase of 321% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, fluorine, chlorine, bromine and iodine exports soared to $X in 2021. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,020% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Italy (X tons), the United Arab Emirates (X tons) and China (X tons) were the main destinations of fluorine, chlorine, bromine and iodine exports from Iran, together comprising 60% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +79.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for fluorine, chlorine, bromine and iodines exports from Iran, comprising 42% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 10% share of total exports. It was followed by China, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +89.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+30.7% per year) and China (+11.7% per year).

Export Prices by Country

In 2021, the average export price for fluorine, chlorine, bromine and iodines amounted to $X per ton, picking up by 108% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 166%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Armenia ($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 Georgia (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fluorine, Chlorine, Bromine and Iodine

Imports into Iran

Fluorine, chlorine, bromine and iodine imports into Iran soared to X tons in 2021, rising by 615% on the previous year. In general, imports, however, showed a abrupt decline. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, fluorine, chlorine, bromine and iodine imports skyrocketed to $X in 2021. Over the period under review, imports saw prominent growth. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main fluorine, chlorine, bromine and iodine supplier to Iran, accounting for a 100% share of total imports. It was followed by Belgium (X kg), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +10.9%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of fluorine, chlorine, bromine and iodines to Iran, comprising 100% of total imports. The second position in the ranking was held by Belgium ($X), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +36.9%.

Import Prices by Country

The average import price for fluorine, chlorine, bromine and iodines stood at $X per ton in 2021, rising by 553% against the previous year. In general, the import price showed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform