United Kingdom: Chloroform Market 2024

Chloroform Market Size in the UK

The UK chloroform market contracted slightly to $X in 2022, approximately equating the previous year. In general, consumption showed a pronounced slump. Chloroform consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Chloroform Production in the UK

In value terms, chloroform production contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Chloroform production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Chloroform Exports

Exports from the UK

In 2022, shipments abroad of chloroform (trichloromethane) was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chloroform exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), France (X tons) and Singapore (X tons) were the main destinations of chloroform exports from the UK, with a combined X% share of total exports. Ireland, Spain, Vietnam, Malaysia, Germany, Belgium and Italy lagged somewhat behind, together comprising a further X%.

From 2018 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chloroform exported from the UK were Ireland ($X), the Netherlands ($X) and France ($X), with a combined X% share of total exports. Singapore, Spain, Vietnam, Malaysia, Germany, Belgium and Italy lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Spain, with a CAGR of X%, saw 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 chloroform export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chloroform Imports

Imports into the UK

In 2022, supplies from abroad of chloroform (trichloromethane) increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, chloroform imports soared to $X in 2022. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) was the main supplier of chloroform to the UK, with a X% share of total imports. Moreover, chloroform imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and France (X% per year).

In value terms, Germany ($X) constituted the largest supplier of chloroform (trichloromethane) to the UK, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average chloroform import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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