New Zealand: Market for Fluorine, Chlorine, Bromine and Iodine 2024

Market Size for Fluorine, Chlorine, Bromine and Iodine in New Zealand

In 2021, the New Zealand market for fluorine, chlorine, bromine and iodines increased by 53% to $X, rising for the fourth year in a row after four years of decline. In general, consumption showed strong growth. Fluorine, chlorine, bromine and iodine consumption peaked in 2021 and is likely to see gradual growth in years to come.

Exports of Fluorine, Chlorine, Bromine and Iodine

Exports from New Zealand

For the third year in a row, New Zealand recorded growth in overseas shipments of fluorine, chlorine, bromine and iodines, which increased by 98% to X tons in 2021. Overall, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of 3,129% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, fluorine, chlorine, bromine and iodine exports soared to $X in 2021. In general, exports recorded strong growth. The growth pace was the most rapid in 2017 when exports increased by 1,417%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cook Islands (X tons), Australia (X tons) and Fiji (X tons) were the main destinations of fluorine, chlorine, bromine and iodine exports from New Zealand, with a combined 96% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +80.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Cook Islands ($X) and Fiji ($X) constituted the largest markets for fluorine, chlorine, bromine and iodine exported from New Zealand worldwide, with a combined 89% share of total exports.

Fiji, with a CAGR of +58.6%, recorded the highest rates of growth with regard to the value of exports, among 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 export price for fluorine, chlorine, bromine and iodines amounted to $X per ton, increasing by 8.3% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 49%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Cook Islands ($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 Fiji (-4.9%), while the prices for the other major destinations experienced a decline.

Imports of Fluorine, Chlorine, Bromine and Iodine

Imports into New Zealand

In 2021, overseas purchases of fluorine, chlorine, bromine and iodines increased by 59% to X tons, rising for the fourth year in a row after four years of decline. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 64%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, fluorine, chlorine, bromine and iodine imports soared to $X in 2021. In general, imports showed a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X tons) constituted the largest supplier of fluorine, chlorine, bromine and iodine to New Zealand, accounting for a 85% share of total imports. Moreover, fluorine, chlorine, bromine and iodine imports from Australia exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. The third position in this ranking was taken by Chile (X tons), with a 1.5% share.

From 2012 to 2021, the average annual growth rate of volume from Australia stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.1% per year) and Chile (+172.6% per year).

In value terms, Australia ($X) constituted the largest supplier of fluorine, chlorine, bromine and iodines to New Zealand, comprising 60% of total imports. The second position in the ranking was taken by Chile ($X), with a 24% share of total imports. It was followed by China, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Australia amounted to +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+196.4% per year) and China (+28.4% per year).

Import Prices by Country

The average import price for fluorine, chlorine, bromine and iodines stood at $X per ton in 2021, declining by -2.4% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Chile ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform