Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Morocco - 2023

Contents:

  1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Morocco (CIF) - 2022
  2. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Morocco

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Morocco (CIF) - 2022

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $18,897 per ton in 2022, growing by 190% against the previous year. Over the period under review, the import price enjoyed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Belgium ($116,500 per ton), while the price for Germany ($12,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2,236.4%), while the prices for the other major suppliers experienced a decline.

Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Morocco

After three years of growth, overseas purchases of bromides and bromide oxides; other than item no. 2827.51s decreased by -78.7% to 39 kg in 2022. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 161% against the previous year. As a result, imports reached the peak of 183 kg, and then dropped sharply in the following year.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s contracted sharply to $737 in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 285% against the previous year.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A37251345410.5%
BelgiumN/AN/AN/A2330%
IndiaN/AN/A92.050.0-45.7%
ChinaN/AN/A81.0N/A0%
SwitzerlandN/AN/A506N/A0%
United States11155.0N/AN/A-50.5%
OthersN/AN/AN/AN/A0%
Total1114271,19273788.0%

Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Morocco in 2022:

  1. Germany (36.0 kg)
  2. Belgium (2.0 kg)
  3. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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