Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway - 2024
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway (CIF) - 2022
In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $1,867 per ton, falling by -2.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 14%. As a result, import price reached the peak level of $1,962 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Israel ($1,977 per ton) and Jordan ($1,797 per ton), while the price for the UK ($1,455 per ton) and the United States ($1,577 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $1,827 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 58%. Over the period under review, the average export prices attained the maximum at $2,637 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($8,869 per ton), while the average price for exports to Denmark amounted to $1,415 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+26.3%).
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway
In 2022, approx. 6.1K tons of bromides and bromide oxides; other than item no. 2827.51s were imported into Norway; with an increase of 45% against 2021 figures. Overall, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.1% against 2020 indices.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s skyrocketed to $11M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 0.9 | 1.4 | 1.1 | 6.4 | 92.3% |
| Jordan | 0.2 | 0.2 | 0.1 | 2.5 | 132.1% |
| Belgium | 0.2 | 0.1 | 0.5 | 1.5 | 95.7% |
| United States | 0.2 | 0.7 | N/A | 0.8 | 58.7% |
| Italy | N/A | N/A | N/A | 0.3 | 0% |
| Netherlands | 3.8 | 3.3 | 0.7 | N/A | -57.1% |
| Others | 4.7 | 6.4 | 5.7 | 0.1 | -72.3% |
| Total | 10.1 | 12.2 | 8.1 | 11.4 | 4.1% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Norway in 2022:
- Israel (3.2K tons)
- Jordan (1.4K tons)
- Belgium (0.9K tons)
- United States (0.5K tons)
- Italy (0.2K tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway
For the fourth year in a row, Norway recorded growth in shipments abroad of bromides and bromide oxides; other than item no. 2827.51s, which increased by 2.1% to 595 tons in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 513%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s rose slightly to $1.1M in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 867%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 46.5 | 437 | 366 | 797 | 157.8% |
| United Kingdom | 10.6 | 115 | 129 | 284 | 199.2% |
| United Arab Emirates | N/A | N/A | 554 | N/A | 0% |
| Others | 0.3 | 3.0 | 2.9 | 6.4 | 177.3% |
| Total | 57.3 | 555 | 1,052 | 1,087 | 166.7% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Norway in 2022:
- Denmark (562.9 tons)
- United Kingdom (32.1 tons)
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