Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea - 2022
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea (CIF) - 2022
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $6,155 per ton in 2022, surging by 24% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bromides and bromide oxides; other than item no. 2827.51s increased by +34.1% against 2020 indices. As a result, import price attained 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 Taiwan (Chinese) ($9,262 per ton), while the price for Israel ($4,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea (FOB) - 2022
In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $4,665 per ton, rising by 3.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 an increase of 19%. As a result, the export price reached the peak level of $5,899 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($10,867 per ton), while the average price for exports to India ($4,518 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 (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea
In 2022, supplies from abroad of bromides and bromide oxides; other than item no. 2827.51s was finally on the rise to reach 1.3K tons after two years of decline. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s surged to $8M in 2022. Over the period under review, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 0.9 | 1.4 | 2.9 | 79.7% |
| Japan | 1.6 | 1.2 | 1.3 | 1.8 | 4.0% |
| Israel | 1.2 | 1.1 | 0.8 | 1.0 | -5.9% |
| Taiwan (Chinese) | 1.3 | 0.8 | 0.2 | 0.8 | -14.9% |
| Others | 0.3 | 0.3 | 0.3 | 1.4 | 67.1% |
| Total | 4.9 | 4.3 | 4.0 | 8.0 | 17.8% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to South Korea in 2022:
- China (524.6 tons)
- Japan (413.1 tons)
- Israel (250.3 tons)
- Taiwan (Chinese) (91.2 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in South Korea
In 2022, exports of bromides and bromide oxides; other than item no. 2827.51s from South Korea skyrocketed to 1.5K tons, surging by 91% compared with the previous year's figure. In general, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s surged to $6.9M in 2022. Overall, exports showed a buoyant expansion. As a result, the exports reached 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 South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.7 | 0.9 | 0.6 | 3.8 | 30.8% |
| China | 1.7 | 1.3 | 2.3 | 2.6 | 15.2% |
| Iran | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| United Arab Emirates | 0.7 | 0.3 | 0.1 | 0.1 | -47.7% |
| Others | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Total | 4.7 | 2.6 | 3.5 | 6.9 | 13.7% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from South Korea in 2022:
- India (852.0 tons)
- China (561.0 tons)
- Iran (26.7 tons)
- United Arab Emirates (11.3 tons)
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