Poland: Market for Iodine, Fluorine And Bromine 2024

Market Size for Iodine, Fluorine And Bromine in Poland

The Polish iodine, fluorine and bromine market surged to $X in 2021, increasing by 299% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Iodine, Fluorine And Bromine

Exports from Poland

In 2021, overseas shipments of iodine, fluorine and bromine decreased by -64.3% to X tons, falling for the third year in a row after two years of growth. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 344%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, iodine, fluorine and bromine exports reduced remarkably to $X in 2021. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 713%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X kg) was the main destination for iodine, fluorine and bromine exports from Poland, accounting for a 48% share of total exports. Moreover, iodine, fluorine and bromine exports to Russia exceeded the volume sent to the second major destination, the Czech Republic (X kg), fourfold. The third position in this ranking was held by Slovakia (X kg), with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +59.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-31.5% per year) and Slovakia (+2.0% per year).

In value terms, Russia ($X) remains the key foreign market for iodine, fluorine and bromine exports from Poland, comprising 46% of total exports. The second position in the ranking was held by Slovakia ($X), with an 11% share of total exports. It was followed by Hungary, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +53.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-6.4% per year) and Hungary (-15.4% per year).

Export Prices by Country

In 2021, the average iodine, fluorine and bromine export price amounted to $X per ton, growing by 2% against the previous year. In general, the export price saw notable growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 84% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Israel ($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 Italy (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iodine, Fluorine And Bromine

Imports into Poland

After two years of decline, supplies from abroad of iodine, fluorine and bromine increased by 169% to X tons in 2021. In general, imports, however, showed a drastic downturn. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, iodine, fluorine and bromine imports surged to $X in 2021. Over the period under review, imports, however, recorded a pronounced setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X tons), Russia (X tons) and Italy (X tons) were the main suppliers of iodine, fluorine and bromine imports to Poland, with a combined 88% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +469.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), Italy ($X) and Russia ($X) appeared to be the largest iodine, fluorine and bromine suppliers to Poland, together comprising 87% of total imports.

Japan, with a CAGR of +447.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average iodine, fluorine and bromine import price amounted to $X per ton, reducing by -5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 an increase of 66%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained 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 Italy ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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