Southern Asia: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2025

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Southern Asia

After four years of growth, the South Asian chlorates, bromates and iodates market decreased by -1.7% to $X in 2021. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The level of consumption peaked at $X in 2020, and then reduced modestly in the following year.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Southern Asia

In value terms, chlorates, bromates and iodates production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 8.8%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped slightly in the following year.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports in Southern Asia

In 2021, shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by -27.7% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 32%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, chlorates, bromates and iodates exports rose to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -7.6% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by 32% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, India (X tons) represented the largest exporter of chlorates and perchlorates, bromates and perbromates, iodates and periodates in Southern Asia, comprising 100% of total export.

India was also the fastest-growing in terms of the chlorates and perchlorates, bromates and perbromates, iodates and periodates exports, with a CAGR of +9.3% from 2012 to 2021. India (+37 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest chlorates, bromates and iodates supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +2.1%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, increasing by 41% against the previous year. In general, the export price, however, showed a mild setback. The pace of growth was the most pronounced in 2020 an increase of 42%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -6.7% per year.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports in Southern Asia

In 2021, imports of chlorates and perchlorates, bromates and perbromates, iodates and periodates in Southern Asia rose to X tons, growing by 2.9% on the previous year's figure. Overall, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 50%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, chlorates, bromates and iodates imports reduced to $X in 2021. Over the period under review, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 56%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India represented the major importing country with an import of around X tons, which recorded 75% of total imports. It was distantly followed by Pakistan (X tons), making up a 19% share of total imports. Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to chlorates, bromates and iodates imports into India stood at -7.8%. Pakistan (-1.6%) and Bangladesh (-6.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Pakistan increased by +7.5 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chlorates, bromates and iodates importing markets in Southern Asia were India ($X), Pakistan ($X) and Bangladesh ($X), together comprising 94% of total imports.

Pakistan, with a CAGR of -0.8%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, reducing by -3.2% against the previous year. Overall, the import price recorded a slight setback. The growth pace was the most rapid in 2017 when the import price increased by 5.6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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