The Iodine, Fluorine, and Bromine market in Germany shows a fluctuating trend over the years, with a notable decline from 2013’s 66.213 million Euros to 2023’s 60.381 million Euros. The market hit its lowest point in 2017 at 50.867 million Euros. The year-on-year variation highlights significant volatility, particularly in 2016 with a sharp -14.64% decrease. Although there were some periods of recovery, such as a 19.59% increase in 2019, the market has been in an overall declining phase in recent years, demonstrated by the year-on-year declines in 2022 and 2023, both at -1.16%. The last five years’ CAGR is modest at -0.94%, indicating a continual but slow reduction in market size.
For future trends, the market may face continued challenges with a forecasted 5-year growth rate of -4.59%. However, emerging applications in the pharmaceutical and high-tech industries, increased demand for fluorine in electronics, and developments in sustainable and eco-friendly processes could potentially counteract the declining trend. Close monitoring of these sectors will be crucial.
