Spain: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

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

The Spanish chlorates, bromates and iodates market contracted remarkably to $X in 2021, which is down by -66.7% against the previous year. Overall, consumption faced a deep setback. Chlorates, bromates and iodates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Spain

In value terms, chlorates, bromates and iodates production rose modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 86% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

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

Exports from Spain

In 2021, after two years of decline, there was significant growth in overseas shipments of chlorates and perchlorates, bromates and perbromates, iodates and periodates, when their volume increased by 84% to X tons. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 2,604%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, chlorates, bromates and iodates exports amounted to $X in 2021. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 562%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) was the main destination for chlorates, bromates and iodates exports from Spain, with a 83% share of total exports. Moreover, chlorates, bromates and iodates exports to Portugal exceeded the volume sent to the second major destination, France (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Portugal stood at +70.0%.

In value terms, the largest markets for chlorates, bromates and iodates exported from Spain were Portugal ($X) and France ($X).

France, with a CAGR of +58.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average chlorates, bromates and iodates export price amounted to $X per ton, which is down by -42% against the previous year. In general, the export price continues to indicate a dramatic contraction. The pace of growth was the most pronounced in 2020 an increase of 15% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Portugal totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-9.6%).

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

Imports into Spain

In 2021, approx. X tons of chlorates and perchlorates, bromates and perbromates, iodates and periodates were imported into Spain; waning by -6% on the year before. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,198% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, chlorates, bromates and iodates imports rose rapidly to $X in 2021. In general, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 390% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest chlorates, bromates and iodates supplier to Spain, with a 85% share of total imports. Moreover, chlorates, bromates and iodates imports from France exceeded the figures recorded by the second-largest supplier, Canada (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +57.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-3.7% per year) and China (-6.6% per year).

In value terms, France ($X) constituted the largest supplier of chlorates and perchlorates, bromates and perbromates, iodates and periodates to Spain, comprising 58% of total imports. The second position in the ranking was held by China ($X), with a 6.6% share of total imports. It was followed by Sweden, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +34.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.0% per year) and Sweden (-30.4% per year).

Import Prices by Country

The average chlorates, bromates and iodates import price stood at $X per ton in 2021, picking up by 17% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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