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

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

The Kazakh market for bromides and bromide oxides, iodides and iodide oxides contracted markedly to $X in 2021, which is down by -21.7% against the previous year. In general, consumption, however, showed a resilient expansion. Bromides, iodides and oxids thereof consumption peaked at $X in 2020, and then declined markedly in the following year.

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

In value terms, bromides, iodides and oxids thereof production dropped remarkably to $X in 2021 estimated in export price. In general, production, however, showed a resilient increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 170% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then dropped dramatically in the following year.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Kazakhstan

Bromides, iodides and oxids thereof exports from Kazakhstan surged to X tons in 2021, jumping by 211% compared with the previous year's figure. In general, exports, however, recorded a abrupt downturn. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof exports surged to $X in 2021. Over the period under review, exports showed modest growth. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for bromides, iodides and oxids thereof exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at -6.6%.

In value terms, Russia ($X) also remains the key foreign market for bromides and bromide oxides, iodides and iodide oxides exports from Kazakhstan.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +1.5%.

Export Prices by Country

The average export price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2021, which is down by -5.1% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2018 an increase of 23%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then declined in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +8.6% per year.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into Kazakhstan

In 2021, purchases abroad of bromides and bromide oxides, iodides and iodide oxides decreased by -25.2% to X tons, falling for the third year in a row after two years of growth. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 1,768%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof imports contracted to $X in 2021. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of 655% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of bromides, iodides and oxids thereof to Kazakhstan, with a 66% share of total imports. Moreover, bromides, iodides and oxids thereof imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Israel (X tons), threefold. The third position in this ranking was taken by China (X kg), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +117.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+9.9% per year) and China (+19.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of bromides and bromide oxides, iodides and iodide oxides to Kazakhstan, comprising 60% of total imports. The second position in the ranking was taken by Israel ($X), with a 12% share of total imports. It was followed by China, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +45.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (-20.7% per year) and China (+6.3% per year).

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 18% against the previous year. Overall, the import price, however, continues to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 an increase of 62%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 (-11.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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