Eastern Asia: Market for Bromides And Bromide Oxides, Iodides And Iodide Oxides 2024

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in Eastern Asia

In 2022, the East Asian market for bromides and bromide oxides, iodides and iodide oxides increased by X% to $X, rising for the sixth consecutive year after two years of decline. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in Eastern Asia

In value terms, bromides, iodides and oxids thereof production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports in Eastern Asia

In 2022, the amount of bromides and bromide oxides, iodides and iodide oxides exported in Eastern Asia shrank to X tons, waning by X% compared with 2021. Over the period under review, exports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, bromides, iodides and oxids thereof exports surged to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

China represented the main exporter of bromides and bromide oxides, iodides and iodide oxides in Eastern Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. Taiwan (Chinese) (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%) and Japan (X%).

From 2012 to 2022, average annual rates of growth with regard to bromides, iodides and oxids thereof exports from China stood at X%. At the same time, Taiwan (Chinese) (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Taiwan (Chinese) (X p.p.), South Korea (X p.p.) and Japan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) displayed negative dynamics.

In value terms, the largest bromides, iodides and oxids thereof supplying countries in Eastern Asia were Japan ($X), China ($X) and South Korea ($X), together comprising X% of total exports. These countries were followed by Taiwan (Chinese), which accounted for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bromides, iodides and oxids thereof export price increased by X% against 2019 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports in Eastern Asia

In 2022, the amount of bromides and bromide oxides, iodides and iodide oxides imported in Eastern Asia soared to X tons, jumping by X% on 2021 figures. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, bromides, iodides and oxids thereof imports skyrocketed to $X in 2022. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China prevails in imports structure, resulting at X tons, which was near X% of total imports in 2022. The following importers - South Korea (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the bromides and bromide oxides, iodides and iodide oxides imports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%) and South Korea (X%) displayed positive paces of growth. Taiwan (Chinese) experienced a relatively flat trend pattern. China (X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), Japan and South Korea saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported bromides and bromide oxides, iodides and iodide oxides in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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