Fluorine; Bromine Price in Canada - 2023
Contents:
- Fluorine; Bromine Price in Canada (CIF) - 2023
- Fluorine; Bromine Price in Canada (FOB) - 2022
- Fluorine; Bromine Imports in Canada
- Fluorine; Bromine Exports in Canada
Fluorine; Bromine Price in Canada (CIF) - 2023
In June 2023, the average fluorine; bromine import price amounted to $6,180 per ton, stabilizing at the previous month. Overall, the import price, however, saw a tangible increase. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 456% m-o-m. As a result, import price attained the peak level of $27,287 per ton. From September 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($29,048 per ton), while the price for China amounted to $4,979 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+18.7%).
Fluorine; Bromine Price in Canada (FOB) - 2022
The average fluorine; bromine export price stood at $2,501 per ton in 2022, declining by -25.7% against the previous year. In general, the export price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2015 an increase of 35%. The export price peaked at $3,364 per ton in 2021, and then contracted significantly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,620 per ton), while the average price for exports to Cuba ($1,268 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 United States (+6.2%), while the prices for the other major destinations experienced a decline.
Fluorine; Bromine Imports in Canada
In 2022, after three years of growth, there was significant decline in purchases abroad of fluorine; bromines, when their volume decreased by -9.9% to 2.2K tons. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 2.4K tons, and then declined in the following year.
In value terms, fluorine; bromine imports dropped to $8.7M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 22%.
| Import of Fluorine; Bromine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 7.0 | 8.1 | 7.7 | 9.3% |
| China | 0.6 | 0.9 | 1.1 | 1.0 | 18.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 8.0 | 9.2 | 8.7 | 10.2% |
Top Suppliers of Fluorine; Bromine to Canada in 2022:
- United States (1968.5 tons)
- China (183.5 tons)
Fluorine; Bromine Exports in Canada
In 2022, the amount of fluorine; bromines exported from Canada declined to 24 tons, shrinking by -13.4% compared with 2021. Overall, exports showed a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 215%. As a result, the exports attained the peak of 28 tons, and then reduced in the following year.
In value terms, fluorine; bromine exports fell remarkably to $61K in 2022. In general, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 271%. As a result, the exports attained the peak of $94K, and then dropped dramatically in the following year.
| Export of Fluorine; Bromine in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 64.9 | 24.4 | 91.3 | 45.9 | -10.9% |
| Costa Rica | N/A | N/A | 2.3 | 7.8 | 239.1% |
| Cuba | N/A | N/A | N/A | 7.0 | 0% |
| Others | N/A | 1.0 | 0.6 | N/A | -40.0% |
| Total | 65.0 | 25.4 | 94.2 | 60.6 | -2.3% |
Top Export Markets for Fluorine; Bromine from Canada in 2022:
- United States (12.7 tons)
- Costa Rica (6.1 tons)
- Cuba (5.5 tons)
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