Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan - 2023
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan (FOB) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan (CIF) - 2022
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $9,025 per ton in 2022, with an increase of 49% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The growth pace was the most rapid in 2014 when the average export price increased by 66% against the previous year. As a result, the export price reached the peak level of $21,130 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($17,320 per ton), while the average price for exports to India ($7,219 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+30.1%), while the prices for the other major destinations experienced a decline.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan (CIF) - 2022
In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $4,377 per ton, waning by -3.1% against the previous year. In general, the import price recorded a slight slump. The pace of growth was the most pronounced in 2017 an increase of 19%. The import price peaked at $4,999 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($17,529 per ton), while the price for Israel ($3,812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan
In 2022, the amount of bromides and bromide oxides; other than item no. 2827.51s exported from Japan expanded slightly to 386 tons, rising by 4.8% against 2021. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s surged to $3.5M in 2022. Overall, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,493 | 1,115 | 1,209 | 1,689 | 4.2% |
| India | N/A | N/A | 644 | 1,040 | 61.5% |
| China | 65.6 | 43.4 | 61.7 | 409 | 84.1% |
| Malaysia | 36.8 | 49.8 | 104 | 161 | 63.6% |
| United States | 241 | 382 | 117 | 56.7 | -38.3% |
| Others | 284 | 216 | 96.0 | 124 | -24.1% |
| Total | 2,120 | 1,806 | 2,231 | 3,479 | 18.0% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Japan in 2022:
- South Korea (199.1 tons)
- India (144.0 tons)
- China (24.5 tons)
- Malaysia (9.3 tons)
- United States (3.0 tons)
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan
In 2022, supplies from abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by -6.9% to 651 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 10% against the previous year. As a result, imports attained the peak of 901 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s declined to $2.8M in 2022. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 8.5%. As a result, imports reached the peak of $3.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 2.9 | 3.3 | 2.3 | 2.4 | -6.1% |
| India | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Others | 0.4 | 0.5 | 0.8 | 0.4 | 0.0% |
| Total | 3.6 | 3.9 | 3.2 | 2.8 | -8.0% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Japan in 2022:
- Israel (620.0 tons)
- India (20.3 tons)
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