Middle East: Market for Fluorine, Chlorine, Bromine and Iodine 2024

Market Size for Fluorine, Chlorine, Bromine and Iodine in the Middle East

The Middle Eastern market for fluorine, chlorine, bromine and iodines reduced notably to $X in 2021, waning by -19.4% against the previous year. Overall, consumption recorded a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Fluorine, Chlorine, Bromine and Iodine in the Middle East

In value terms, fluorine, chlorine, bromine and iodine production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 123% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Fluorine, Chlorine, Bromine and Iodine

Exports in the Middle East

In 2021, fluorine, chlorine, bromine and iodine exports in the Middle East skyrocketed to X tons, increasing by 75% against the year before. Over the period under review, exports saw a moderate increase. The pace of growth was the most pronounced in 2019 with an increase of 160% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, fluorine, chlorine, bromine and iodine exports rose significantly to $X in 2021. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

Exports by Country

Jordan (X tons) and Israel (X tons) prevails in exports structure, together making up 82% of total exports. Kuwait (X tons) ranks next in terms of the total exports with an 8.7% share, followed by Turkey (6.2%). Iran (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +148.4%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Israel ($X), Jordan ($X) and Iran ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 96% share of total exports.

In terms of the main exporting countries, Iran, with a CAGR of +24.1%, saw 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 export price in the Middle East amounted to $X per ton, falling by -37.5% against the previous year. Overall, the export price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2018 an increase of 217%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Iran ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+26.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fluorine, Chlorine, Bromine and Iodine

Imports in the Middle East

In 2021, supplies from abroad of fluorine, chlorine, bromine and iodines decreased by -20.5% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 108%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, fluorine, chlorine, bromine and iodine imports reduced dramatically to $X in 2021. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 62%. Over the period under review, imports reached the peak figure at $X in 2020, and then contracted rapidly in the following year.

Imports by Country

In 2021, Saudi Arabia (X tons) and Israel (X tons) were the main importers of fluorine, chlorine, bromine and iodines in the Middle East, together finishing at near 66% of total imports. It was distantly followed by Iraq (X tons), making up a 9% share of total imports. Qatar (X tons), Palestine (X tons), Jordan (X tons), Lebanon (X tons), Syrian Arab Republic (X tons), Turkey (X tons), Iran (X tons) and Bahrain (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Israel (with a CAGR of +58.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported fluorine, chlorine, bromine and iodines in the Middle East, comprising 49% of total imports. The second position in the ranking was held by Israel ($X), with a 15% share of total imports. It was followed by Iran, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Saudi Arabia totaled +18.3%. In the other countries, the average annual rates were as follows: Israel (+18.9% per year) and Iran (+12.7% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, declining by -11.6% against the previous year. Overall, the import price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2014 an increase of 32% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+18.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform