United Kingdom: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the UK

The UK market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals shrank modestly to $X in 2021, reducing by -3.6% against the previous year. The market value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the UK

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 34%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth failed to regain momentum.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from the UK

Exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from the UK shrank significantly to X tons in 2021, which is down by -21.3% on the previous year's figure. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 36%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded sharply to $X in 2021. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 38%. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), Ireland (X tons) and the United States (X tons) were the main destinations of exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from the UK, with a combined 66% share of total exports. Spain, France, Italy, Poland, Thailand and Japan lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +150.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) remains the key foreign market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports from the UK, comprising 35% of total exports. The second position in the ranking was taken by Spain ($X), with a 16% share of total exports. It was followed by Ireland, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-7.9% per year) and Ireland (-20.0% per year).

Export Prices by Country

In 2021, the average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, picking up by 46% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 179% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to the United States ($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 Japan (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into the UK

In 2021, supplies from abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -7.3% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -23.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 107%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals reached $X in 2021. Overall, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 90% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of chlorides and phosphorus oxychloride and halides to the UK, with a 95% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +2.5%.

In value terms, Germany ($X) constituted the largest supplier of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to the UK, comprising 90% of total imports. The second position in the ranking was held by Italy ($X), with a 4.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +1.8%.

Import Prices by Country

In 2021, the average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, surging by 13% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 15%. 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 remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.7%).

Source: IndexBox Platform

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