United Arab Emirates: Market for Fluorine, Chlorine, Bromine and Iodine 2024

Market Size for Fluorine, Chlorine, Bromine and Iodine in the United Arab Emirates

After three years of growth, the market for fluorine, chlorine, bromine and iodines in the United Arab Emirates decreased by -7.9% to $X in 2021. Overall, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +45.2% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2020, and then reduced in the following year.

Production of Fluorine, Chlorine, Bromine and Iodine in the United Arab Emirates

In value terms, fluorine, chlorine, bromine and iodine production contracted to $X in 2021 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +68.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 28%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Exports of Fluorine, Chlorine, Bromine and Iodine

Exports from the United Arab Emirates

In 2021, overseas shipments of fluorine, chlorine, bromine and iodines were finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 384%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, fluorine, chlorine, bromine and iodine exports expanded markedly to $X in 2021. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 520% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Iran (X tons), Afghanistan (X tons) and India (X tons) were the main destinations of fluorine, chlorine, bromine and iodine exports from the United Arab Emirates, with a combined 58% share of total exports. These countries were followed by Vietnam, Oman, South Korea and China, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +102.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fluorine, chlorine, bromine and iodine exported from the United Arab Emirates were India ($X), Vietnam ($X) and Iran ($X), together comprising 72% of total exports.

Among the main countries of destination, Vietnam, with a CAGR of +152.3%, 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 more modest paces of growth.

Export Prices by Country

The average export price for fluorine, chlorine, bromine and iodines stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 119% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Oman ($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 China (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fluorine, Chlorine, Bromine and Iodine

Imports into the United Arab Emirates

After two years of growth, supplies from abroad of fluorine, chlorine, bromine and iodines decreased by -75.5% to X tons in 2021. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 520% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, fluorine, chlorine, bromine and iodine imports fell notably to $X in 2021. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 675%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), Iran (X tons) and Saudi Arabia (X tons) were the main suppliers of fluorine, chlorine, bromine and iodine imports to the United Arab Emirates, with a combined 65% share of total imports. Kuwait, Turkmenistan, China, Singapore and Chile lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +62.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkmenistan ($X), Iran ($X) and Singapore ($X) were the largest fluorine, chlorine, bromine and iodine suppliers to the United Arab Emirates, together accounting for 65% of total imports.

Among the main suppliers, Singapore, with a CAGR of +42.2%, recorded the highest growth rate of 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

The average import price for fluorine, chlorine, bromine and iodines stood at $X per ton in 2021, which is down by -33.8% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform