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World - Chloroform (Trichloromethane) - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the declining trend in the global chloroform market, with forecasts indicating a decrease in both consumption and production. Major countries involved in the market include China, United States, and Germany. The article also highlights import and export trends, as well as changes in average prices over the years.
Market Forecast
Depressed by shrinking demand for chloroform worldwide, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -0.1% for the period from 2022 to 2030, which is projected to depress the market volume to 1.7M tons by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +1.5% for the period from 2022 to 2030, which is projected to bring the market value to $3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Chloroform (Trichloromethane)
In 2022, consumption of chloroform (trichloromethane) increased by 6.8% to 1.7M tons for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, consumption, however, recorded a pronounced decrease. Global consumption peaked at 2.5M tons in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
The global chloroform market size was estimated at $2.7B in 2022, surging by 9.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a abrupt contraction. Global consumption peaked at $4.5B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (478K tons), the United States (386K tons) and India (186K tons), with a combined 63% share of global consumption. The Netherlands, Japan, the UK, Turkey, Spain, Egypt, Saudi Arabia, South Korea, Italy and Vietnam lagged somewhat behind, together comprising a further 21%.
From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +1.2%), while consumption for the other global leaders experienced a decline in the consumption figures.
In value terms, China ($533M), Egypt ($372M) and Turkey ($249M) were the countries with the highest levels of market value in 2022, with a combined 43% share of the global market. The United States, India, Spain, Saudi Arabia, Vietnam, the Netherlands, Japan, the UK, South Korea and Italy lagged somewhat behind, together accounting for a further 34%.
Vietnam, with a CAGR of +3.3%, recorded the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced a decline in the market figures.
In 2022, the highest levels of chloroform per capita consumption was registered in the Netherlands (2,688 kg per 1000 persons), followed by the United States (1,151 kg per 1000 persons), Saudi Arabia (890 kg per 1000 persons) and Spain (699 kg per 1000 persons), while the world average per capita consumption of chloroform was estimated at 213 kg per 1000 persons.
In the Netherlands, chloroform per capita consumption decreased by an average annual rate of -1.1% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the United States (-3.9% per year) and Saudi Arabia (-0.9% per year).
Production
World Production of Chloroform (Trichloromethane)
In 2022, production of chloroform (trichloromethane) was finally on the rise to reach 1.7M tons for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, production, however, saw a pronounced curtailment. Global production peaked at 2.4M tons in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
In value terms, chloroform production expanded notably to $2.7B in 2022 estimated in export price. In general, production, however, recorded a perceptible downturn. Over the period under review, global production hit record highs at $4.4B in 2012; however, from 2013 to 2022, production remained at a lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (486K tons), the United States (404K tons) and India (180K tons), with a combined 63% share of global production. Germany, the UK, South Korea, Turkey, Spain, Egypt, Saudi Arabia, Vietnam, France and Japan lagged somewhat behind, together accounting for a further 21%.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +2.1%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Chloroform (Trichloromethane)
In 2022, purchases abroad of chloroform (trichloromethane) increased by 27% to 88K tons, rising for the second year in a row after two years of decline. In general, imports, however, showed a abrupt downturn. Over the period under review, global imports hit record highs at 242K tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, chloroform imports soared to $92M in 2022. Overall, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Global imports peaked at $139M in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
The Netherlands represented the largest importer of chloroform (trichloromethane) in the world, with the volume of imports recording 31K tons, which was approx. 36% of total imports in 2022. Italy (12K tons) ranks second in terms of the total imports with a 14% share, followed by India (12%), Japan (11%), Mexico (7.3%) and France (6%). Pakistan (3K tons) held a minor share of total imports.
Imports into the Netherlands decreased at an average annual rate of -4.6% from 2012 to 2022. At the same time, France (+36.0%), Japan (+20.3%), Pakistan (+12.1%) and India (+1.1%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing importer imported in the world, with a CAGR of +36.0% from 2012-2022. By contrast, Italy (-4.4%) and Mexico (-6.4%) illustrated a downward trend over the same period. While the share of the Netherlands (+15 p.p.), Japan (+10 p.p.), India (+8 p.p.), France (+5.9 p.p.), Italy (+5.8 p.p.), Pakistan (+3 p.p.) and Mexico (+2.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the Netherlands ($28M) constitutes the largest market for imported chloroform (trichloromethane) worldwide, comprising 30% of global imports. The second position in the ranking was taken by Italy ($12M), with a 14% share of global imports. It was followed by Japan, with a 7.5% share.
In the Netherlands, chloroform imports contracted by an average annual rate of -1.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (-2.1% per year) and Japan (+24.3% per year).
Import Prices By Country
The average chloroform import price stood at $1,047 per ton in 2022, picking up by 13% against the previous year. Overall, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($1,737 per ton), while India ($625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+4.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Chloroform (Trichloromethane)
In 2022, approx. 105K tons of chloroform (trichloromethane) were exported worldwide; reducing by -1.5% compared with 2021. Overall, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. The global exports peaked at 140K tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, chloroform exports soared to $95M in 2022. In general, exports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Exports By Country
Germany was the major exporting country with an export of around 42K tons, which resulted at 40% of total exports. The United States (19K tons) held the second position in the ranking, followed by France (14K tons), China (8.3K tons), South Korea (7K tons) and Taiwan (Chinese) (6.5K tons). All these countries together held near 52% share of total exports. India (4.2K tons) held a little share of total exports.
Germany experienced a relatively flat trend pattern with regard to volume of exports of chloroform (trichloromethane). At the same time, China (+70.5%) and India (+35.0%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of +70.5% from 2012-2022. By contrast, South Korea (-1.5%), Taiwan (Chinese) (-2.0%), the United States (-9.2%) and France (-9.7%) illustrated a downward trend over the same period. France (+14 p.p.), Germany (+12 p.p.), China (+7.9 p.p.) and India (+3.9 p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -17.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($43M) remains the largest chloroform supplier worldwide, comprising 45% of global exports. The second position in the ranking was taken by the United States ($18M), with a 19% share of global exports. It was followed by France, with a 13% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to +6.6%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-4.1% per year) and France (+38.3% per year).
Export Prices By Country
In 2022, the average chloroform export price amounted to $913 per ton, increasing by 51% against the previous year. Overall, the export price recorded a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($1,023 per ton), while Taiwan (Chinese) ($383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+53.1%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global chloroform market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141323 - Chloroform (trichloromethane)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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