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

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

In 2021, the Slovak market for bromides and bromide oxides, iodides and iodide oxides decreased by -30.1% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports from Slovakia

In 2021, approx. X kg of bromides and bromide oxides, iodides and iodide oxides were exported from Slovakia; increasing by 124% against 2020 figures. Over the period under review, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 521% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, bromides, iodides and oxids thereof exports surged to $X in 2021. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,006%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X kg), Poland (X kg) and Hungary (X kg) were the main destinations of bromides, iodides and oxids thereof exports from Slovakia, with a combined 98% 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 Poland (with a CAGR of +1,241.6%), while the other leaders experienced mixed trend patterns.

In value terms, Austria ($X), Poland ($X) and Hungary ($X) appeared to be the largest markets for bromides, iodides and oxids thereof exported from Slovakia worldwide, together accounting for 75% of total exports.

Among the main countries of destination, Hungary, with a CAGR of +10.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, surging by 114% against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 147%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to Hungary ($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 Romania (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports into Slovakia

In 2021, supplies from abroad of bromides and bromide oxides, iodides and iodide oxides decreased by -29.4% to X tons, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2019 when imports increased by 65% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, bromides, iodides and oxids thereof imports reduced sharply to $X in 2021. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 152%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest bromides, iodides and oxids thereof supplier to Slovakia, with a 59% share of total imports. Moreover, bromides, iodides and oxids thereof imports from Sweden exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+84.0% per year) and Germany (+2.0% per year).

In value terms, Sweden ($X), Germany ($X) and Poland ($X) constituted the largest bromides, iodides and oxids thereof suppliers to Slovakia, together accounting for 79% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +40.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for bromides and bromide oxides, iodides and iodide oxides amounted to $X per ton, declining by -3.2% against the previous year. Overall, the import price, however, saw a temperate increase. The pace of growth appeared the most rapid in 2020 an increase of 108%. The import price peaked at $X per ton in 2018; however, from 2019 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 the Czech Republic ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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