Price for Bromides; of Sodium or of Potassium in Ghana - 2022

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Ghana (CIF) - 2022
  2. Imports of Bromides; of Sodium or of Potassium in Ghana

Price for Bromides; of Sodium or of Potassium in Ghana (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $1,474 per ton, which is down by -32.6% against the previous year. In general, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 82% against the previous year. As a result, import price attained the peak level of $3,248 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,142 per ton), while the price for the UK ($1,176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+43.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Ghana

In 2022, imports of bromides; of sodium or of potassia into Ghana expanded notably to 1.8K tons, growing by 6.5% compared with 2021 figures. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of bromides; of sodium or of potassia declined notably to $2.7M in 2022. In general, imports, however, showed a abrupt setback. The smallest decline of -15.3% was in 2021.

Import of Bromides; of Sodium or of Potassium in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A1.40%
United Kingdom2.0N/AN/A0.6-33.1%
BelgiumN/AN/AN/A0.40%
Norway0.9N/AN/AN/A0%
IndiaN/A4.53.8N/A-15.6%
United States0.4N/AN/AN/A0%
Others2.0N/AN/A0.4-41.5%
Total5.34.53.82.7-20.1%

Top Suppliers of Bromides; of Sodium or of Potassium to Ghana in 2022:

  1. Israel (924.0 tons)
  2. United Kingdom (502.0 tons)
  3. Belgium (210.0 tons)
  4. India (0.4 tons)

Source: IndexBox Market Intelligence Platform

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