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

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

The Polish market for bromides and bromide oxides, iodides and iodide oxides soared to $X in 2021, jumping by 22% against the previous year. Overall, consumption, however, recorded a deep contraction. Bromides, iodides and oxids thereof consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, bromides, iodides and oxids thereof production stood at $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 when the production volume increased by 51%. Bromides, iodides and oxids thereof production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Poland

In 2021, the amount of bromides and bromide oxides, iodides and iodide oxides exported from Poland rose notably to X tons, with an increase of 11% against the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 100% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, bromides, iodides and oxids thereof exports expanded significantly to $X in 2021. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 68% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X tons), Russia (X tons) and Belarus (X tons) were the main destinations of bromides, iodides and oxids thereof exports from Poland, with a combined 97% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +94.9%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Russia ($X) and Belarus ($X) constituted the largest markets for bromides, iodides and oxids thereof exported from Poland worldwide, together accounting for 87% of total exports.

Russia, with a CAGR of +62.9%, 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

The average export price for bromides and bromide oxides, iodides and iodide oxides stood at $X per ton in 2021, falling by -1.7% against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 9.9% against the previous year. 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 remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Russia ($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 Ukraine (-6.4%), while the prices for the other major destinations experienced a decline.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into Poland

In 2021, purchases abroad of bromides and bromide oxides, iodides and iodide oxides was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 127% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, bromides, iodides and oxids thereof imports soared to $X in 2021. Overall, total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest bromides, iodides and oxids thereof supplier to Poland, accounting for a 73% share of total imports. Moreover, bromides, iodides and oxids thereof imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +42.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-8.0% per year) and Germany (+5.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of bromides and bromide oxides, iodides and iodide oxides to Poland, comprising 51% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Sweden, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.0% per year) and Sweden (-4.2% per year).

Import Prices by Country

In 2021, the average import price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, with a decrease of -8.9% against the previous year. Overall, the import price showed a deep setback. The pace of growth appeared the most rapid in 2019 an increase of 16% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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