Ireland: 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 Ireland

The Irish chlorates, bromates and iodates market declined to $X in 2021, reducing by -11.3% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +17.7% against 2019 indices. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

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

In value terms, chlorates, bromates and iodates production shrank markedly to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value 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. Based on 2021 figures, production increased by +26.1% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 76%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

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

Exports from Ireland

In 2021, chlorates, bromates and iodates exports from Ireland dropped significantly to X kg, falling by -98.9% compared with the year before. Overall, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2016 with an increase of 430%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, chlorates, bromates and iodates exports reduced sharply to $X in 2021. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by 333%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X kg) was the main destination for chlorates, bromates and iodates exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to -29.2%.

In value terms, the UK ($X) also remains the key foreign market for chlorates and perchlorates, bromates and perbromates, iodates and periodates exports from Ireland.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to -19.7%.

Export Prices by Country

In 2021, the average chlorates, bromates and iodates export price amounted to $X per ton, growing by 470% against the previous year. In general, the export price enjoyed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +13.4% per year.

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

Imports into Ireland

In 2021, the amount of chlorates and perchlorates, bromates and perbromates, iodates and periodates imported into Ireland dropped sharply to X tons, with a decrease of -46.3% against the previous year's figure. Over the period under review, imports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 48%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, chlorates, bromates and iodates imports dropped notably to $X in 2021. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 38%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The UK (X tons), Poland (X tons) and Belgium (X tons) were the main suppliers of chlorates, bromates and iodates imports to Ireland, together accounting for 86% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +25.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and Belgium ($X) appeared to be the largest chlorates, bromates and iodates suppliers to Ireland, together comprising 73% of total imports.

Poland, with a CAGR of +44.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chlorates, bromates and iodates import price stood at $X per ton in 2021, increasing by 58% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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