U.S.: 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 the U.S.

In 2021, the U.S. chlorates, bromates and iodates market decreased by -9.1% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Chlorates, bromates and iodates consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in the U.S.

In value terms, chlorates, bromates and iodates production shrank to $X in 2021. In general, production, however, posted significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 208%. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

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

Exports from the U.S.

In 2021, exports of chlorates and perchlorates, bromates and perbromates, iodates and periodates from the United States soared to X tons, increasing by 26% on 2020. The total export volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 28%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, chlorates, bromates and iodates exports dropped modestly to $X in 2021. The total export value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 34%. 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

Japan (X tons) was the main destination for chlorates, bromates and iodates exports from the United States, with a 79% share of total exports. Moreover, chlorates, bromates and iodates exports to Japan exceeded the volume sent to the second major destination, Canada (X tons), ninefold. South Korea (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume to Japan amounted to +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-15.5% per year) and South Korea (+39.1% per year).

In value terms, Japan ($X) remains the key foreign market for chlorates and perchlorates, bromates and perbromates, iodates and periodates exports from the United States, comprising 38% of total exports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total exports. It was followed by Canada, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value to Japan stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+21.0% per year) and Canada (-13.7% per year).

Export Prices by Country

The average chlorates, bromates and iodates export price stood at $X per ton in 2021, falling by -22.2% against the previous year. In general, the export price showed a slight decline. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Japan ($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 Mexico (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

In 2021, supplies from abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by -4.5% to X tons, falling for the fourth year in a row after three years of growth. In general, imports showed a perceptible descent. The pace of growth was the most pronounced in 2015 with an increase of 5% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, chlorates, bromates and iodates imports dropped to $X in 2021. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 2.4% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Canada (X tons) was the main chlorates, bromates and iodates supplier to the United States, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Canada totaled -4.4%.

In value terms, Canada ($X) constituted the largest supplier of chlorates and perchlorates, bromates and perbromates, iodates and periodates to the United States.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada amounted to -6.7%.

Import Prices by Country

The average chlorates, bromates and iodates import price stood at $X per ton in 2021, with a decrease of -2.1% against the previous year. Overall, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 5%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -2.4% per year.

Source: IndexBox Platform

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