Italy: 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 Italy

In 2021, after three years of growth, there was significant decline in the Italian chlorates, bromates and iodates market, when its value decreased by -11.6% to $X. In general, consumption recorded a noticeable descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

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

In value terms, chlorates, bromates and iodates production fell to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. Chlorates, bromates and iodates production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

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

Exports from Italy

After two years of decline, shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates increased by 9.1% to X tons in 2021. Overall, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 476%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, chlorates, bromates and iodates exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 185%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Albania (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of chlorates, bromates and iodates exports from Italy, together accounting for 60% of total exports. Greece, Switzerland, Turkey, Spain, South Korea, Vietnam, Malta, Indonesia and France lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +63.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Albania ($X) constituted the largest markets for chlorates, bromates and iodates exported from Italy worldwide, with a combined 62% share of total exports.

Albania, with a CAGR of +52.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average chlorates, bromates and iodates export price amounted to $X per ton, picking up by 49% against the previous year. Overall, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 137%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Albania ($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 Malta (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Italy

In 2021, the amount of chlorates and perchlorates, bromates and perbromates, iodates and periodates imported into Italy fell to X tons, with a decrease of -7.1% compared with the previous year's figure. Over the period under review, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +23.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 54%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, chlorates, bromates and iodates imports reduced sharply to $X in 2021. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2018 when imports increased by 88% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Finland (X tons) and China (X tons) were the main suppliers of chlorates, bromates and iodates imports to Italy, together accounting for 82% of total imports. Slovenia, the United States, Belgium, Brazil, Germany and Spain lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +35.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of chlorates and perchlorates, bromates and perbromates, iodates and periodates to Italy, comprising 34% of total imports. The second position in the ranking was taken by Brazil ($X), with a 14% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from France stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-2.3% per year) and the United States (+16.8% per year).

Import Prices by Country

In 2021, the average chlorates, bromates and iodates import price amounted to $X per ton, with a decrease of -31% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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