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

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

The Japanese market for bromides and bromide oxides, iodides and iodide oxides rose to $X in 2021, surging by 1.6% against the previous year. Over the period under review, consumption, however, continues to indicate a slight reduction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, bromides, iodides and oxids thereof production rose to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 161% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Japan

In 2021, bromides, iodides and oxids thereof exports from Japan expanded sharply to X tons, surging by 11% on 2020. In general, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +111.2% against 2013 indices. The growth pace was the most rapid in 2015 when exports increased by 26% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, bromides, iodides and oxids thereof exports rose significantly to $X in 2021. Over the period under review, total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.1% against 2013 indices. The pace of growth was the most pronounced in 2016 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and China (X tons) were the main destinations of bromides, iodides and oxids thereof exports from Japan, with a combined 87% share of total exports. These countries were followed by India, Thailand and Germany, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +204.5%), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and China ($X) constituted the largest markets for bromides, iodides and oxids thereof exported from Japan worldwide, together comprising 85% of total exports. India, Thailand and Germany lagged somewhat behind, together comprising a further 12%.

In terms of the main countries of destination, India, with a CAGR of +204.5%, 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 2021, the average export price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, flattening at the previous year. Over the period under review, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 6.8%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to South Korea ($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 Myanmar (+52.8%), 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 Japan

In 2021, after two years of growth, there was decline in supplies from abroad of bromides and bromide oxides, iodides and iodide oxides, when their volume decreased by -4.8% to X tons. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 43% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof imports stood at $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 70% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Israel (X tons) constituted the largest supplier of bromides, iodides and oxids thereof to Japan, accounting for a 58% share of total imports. Moreover, bromides, iodides and oxids thereof imports from Israel exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from Israel stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+28.3% per year) and South Korea (+12.1% per year).

In value terms, Israel ($X), China ($X) and South Korea ($X) constituted the largest bromides, iodides and oxids thereof suppliers to Japan, together comprising 77% of total imports.

In terms of the main suppliers, China, with a CAGR of +36.8%, saw 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, growing by 6.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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