The global import market for fluorine and bromine is largely dominated by China, holding a significant share, followed by Belgium and India. Notably, countries like Singapore and the United States have shown impressive growth rates over recent years, with the U.S. marking a substantial increase of 6.37%. European countries like Luxembourg and Latvia demonstrated remarkable import growth, likely due to shifting global trade dynamics and increased demand for chemical elements in various industrial applications. However, notable declines were observed in nations like Germany and Austria.
Future trends to watch include China's sustained dominance, increased participation by emerging economies, and potential expansion in markets like Indonesia and Vietnam due to industrialization and increased manufacturing capabilities. Sustainability trends and regulatory frameworks might also redefine import dynamics, emphasizing the need for greener production and consumption methods. Enhanced global collaborations and technological advancements in the chemical sector could create shifts in import patterns.
Top countries in Import of Fluorine and Bromine Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 59.05 | 2023 | +4.75% | +5.08% | View data |
2 | 2 Belgium | 11.61 | 2023 | +0.84% | +2.83% | View data |
3 | 3 India | 4.67 | 2023 | +2.55% | +1.69% | View data |
4 | 4 France | 4.56 | 2023 | +1% | +1.12% | View data |
5 | 5 United Kingdom | 3.9 | 2023 | +1.78% | +2.79% | View data |
6 | 6 Singapore | 3.23 | 2023 | +5.43% | +5.9% | View data |
7 | 7 United States | 2.14 | 2023 | +2.48% | +6.37% | View data |
8 | 8 Canada | 1.71 | 2023 | +2.16% | +6.73% | View data |
9 | 9 Japan | 0.75 | 2023 | -4.85% | -2.4% | View data |
10 | 10 South Korea | 0.71 | 2023 | +3.31% | +1.98% | View data |