United Arab Emirates: Market for Iodine, Fluorine And Bromine 2024

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

In 2023, after two years of decline, there was significant growth in the iodine, fluorine and bromine market in the United Arab Emirates, when its value increased by X% to $X. Overall, consumption enjoyed temperate growth. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Production of Iodine, Fluorine And Bromine in the United Arab Emirates

In value terms, iodine, fluorine and bromine production expanded notably to $X in 2023 estimated in export price. In general, production recorded a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Iodine, fluorine and bromine production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Iodine, Fluorine And Bromine

Exports from the United Arab Emirates

After three years of growth, overseas shipments of iodine, fluorine and bromine decreased by X% to X tons in 2023. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2022, and then contracted markedly in the following year.

In value terms, iodine, fluorine and bromine exports contracted remarkably to $X in 2023. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2022, and then reduced sharply in the following year.

Exports by Country

India (X tons) was the main destination for iodine, fluorine and bromine exports from the United Arab Emirates, with a X% share of total exports. Moreover, iodine, fluorine and bromine exports to India exceeded the volume sent to the second major destination, Vietnam (X tons), fourfold.

From 2012 to 2023, the average annual growth rate of volume to India stood at X%.

In value terms, India ($X) remains the key foreign market for iodine, fluorine and bromine exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to India totaled X%.

Export Prices by Country

In 2023, the average iodine, fluorine and bromine export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Vietnam totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iodine, Fluorine And Bromine

Imports into the United Arab Emirates

In 2023, approx. X tons of iodine, fluorine and bromine were imported into the United Arab Emirates; reducing by X% compared with the previous year's figure. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, iodine, fluorine and bromine imports dropped sharply to $X in 2023. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Belgium (X tons) was the main iodine, fluorine and bromine supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, iodine, fluorine and bromine imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the UK (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of iodine, fluorine and bromine to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the UK (X% per year).

Import Prices by Country

In 2023, the average iodine, fluorine and bromine import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform