Report Update Nov 1, 2024

Sri Lanka - Iodine, Fluorine and Bromine - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Iodine, Fluorine And Bromine 2024

Market Size for Iodine, Fluorine And Bromine in Sri Lanka

After three years of growth, the Sri Lankan iodine, fluorine and bromine market decreased by -40.4% to $X in 2021. Over the period under review, consumption, however, showed a strong increase. Over the period under review, the market reached the peak level at $X in 2020, and then contracted significantly in the following year.

Exports of Iodine, Fluorine And Bromine

Exports from Sri Lanka

In 2021, iodine, fluorine and bromine exports from Sri Lanka was estimated at X kg, stabilizing at 2020. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2014 with an increase of 367%. As a result, the exports reached the peak of X kg. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, iodine, fluorine and bromine exports declined slightly to $X in 2021. Over the period under review, exports faced a deep reduction. The pace of growth was the most pronounced in 2014 when exports increased by 750%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Maldives (X kg) was the main destination for iodine, fluorine and bromine exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Maldives stood at -25.4%.

In value terms, Maldives ($X) also remains the key foreign market for iodine, fluorine and bromine exports from Sri Lanka.

From 2012 to 2021, the average annual growth rate of value to Maldives totaled -13.5%.

Export Prices by Country

In 2021, the average iodine, fluorine and bromine export price amounted to $X per ton, which is down by -3.4% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 75%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Maldives amounted to +16.0% per year.

Imports of Iodine, Fluorine And Bromine

Imports into Sri Lanka

In 2021, supplies from abroad of iodine, fluorine and bromine decreased by -54.8% to X kg for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by 476%. Imports peaked at X tons in 2020, and then dropped dramatically in the following year.

In value terms, iodine, fluorine and bromine imports reduced rapidly to $X in 2021. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 417%. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2021, India (X kg) constituted the largest iodine, fluorine and bromine supplier to Sri Lanka, accounting for a 85% share of total imports. Moreover, iodine, fluorine and bromine imports from India exceeded the figures recorded by the second-largest supplier, the UK (X kg), more than tenfold. The third position in this ranking was held by China (X kg), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+16.7% per year) and China (-10.1% per year).

In value terms, India ($X) constituted the largest supplier of iodine, fluorine and bromine to Sri Lanka, comprising 65% of total imports. The second position in the ranking was taken by the UK ($X), with an 11% share of total imports. It was followed by Japan, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +35.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+31.9% per year) and Japan (+92.8% per year).

Import Prices by Country

The average iodine, fluorine and bromine import price stood at $X per ton in 2021, with an increase of 69% against the previous year. In general, the import price saw buoyant growth. The growth pace was the most rapid in 2020 an increase of 151% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 Singapore ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iodine, fluorine and bromine in the world?

The countries with the highest volumes of iodine, fluorine and bromine consumption in 2021 were China, Israel and Jordan, together comprising 66% of global consumption. Free Zones, India, France, the UK and Norway lagged somewhat behind, together comprising a further 22%.

What are the largest producers of iodine, fluorine and bromine in the world?

The country with the largest volume of iodine, fluorine and bromine production was Israel, comprising approx. 58% of total volume. Moreover, iodine, fluorine and bromine production in Israel exceeded the figures recorded by the second-largest producer, Jordan, threefold. The third position in this ranking was occupied by Chile, with a 13% share.

What are the leading suppliers of iodine, fluorine and bromine to Sri Lanka?

In value terms, China constituted the largest supplier of iodine, fluorine and bromine to Sri Lanka, comprising 57% of total imports. The second position in the ranking was occupied by the UK $970), with a 16% share of total imports. It was followed by the United States, with a 9.8% share.

What are the leading importers of iodine, fluorine and bromine from Sri Lanka?

In value terms, Maldives $288) remains the key foreign market for iodine, fluorine and bromine exports from Sri Lanka.

What is the average export price for iodine, fluorine and bromine in Sri Lanka?

In 2021, the average iodine, fluorine and bromine export price amounted to $5,647 per ton, reducing by -4.4% against the previous year.

What is the average import price for iodine, fluorine and bromine in Sri Lanka?

The average iodine, fluorine and bromine import price stood at $19,300 per ton in 2021, with an increase of 974% against the previous year.

This report provides an in-depth analysis of the market for iodine, fluorine and bromine in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132116 - Iodine, fluorine, bromine

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023