Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK - 2023
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK (CIF) - 2022
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,367 per ton in 2022, increasing by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($21,806 per ton), while the price for the Netherlands ($1,252 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), 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 the UK (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $6,044 per ton in 2022, picking up by 53% against the previous year. In general, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 115% against the previous year. The export price peaked at $14,608 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($18,540 per ton), while the average price for exports to Nigeria ($2,204 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 Egypt (+44.6%), 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 the UK
In 2022, the amount of bromides and bromide oxides; other than item no. 2827.51s imported into the UK declined to 3.3K tons, with a decrease of -9.8% compared with the previous year. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 4.4% against the previous year.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s totaled $7.8M in 2022. Overall, imports continue to indicate a pronounced curtailment.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | 0.7 | 3.7 | 428.6% |
| China | 0.7 | N/A | 0.2 | 1.5 | 28.9% |
| Netherlands | 3.7 | 3.7 | 2.3 | 1.0 | -35.3% |
| United States | 2.2 | 0.8 | 2.2 | 1.0 | -23.1% |
| Others | 1.7 | 1.9 | 1.5 | 0.6 | -29.3% |
| Total | 8.4 | 6.4 | 6.9 | 7.8 | -2.4% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to the UK in 2022:
- Israel (2021.7 tons)
- Netherlands (808.4 tons)
- United States (355.5 tons)
- China (68.8 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK
In 2022, shipments abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by -27.4% to 604 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 102%. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s rose remarkably to $3.6M in 2022. Overall, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, the exports reached the peak of $4.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 470 | 488 | 384 | 1,117 | 33.4% |
| Nigeria | N/A | N/A | 339 | 562 | 65.8% |
| United Arab Emirates | 1.0 | 5.4 | N/A | 498 | 692.6% |
| Algeria | 180 | 658 | 578 | 262 | 13.3% |
| Poland | 161 | 105 | 31.7 | 231 | 12.8% |
| Canada | N/A | N/A | 25.4 | 164 | 545.7% |
| France | 304 | 56.5 | 83.3 | 126 | -25.4% |
| Norway | 293 | 369 | N/A | N/A | 25.9% |
| Malaysia | N/A | 560 | 45.3 | N/A | -91.9% |
| Turkmenistan | 309 | 884 | N/A | N/A | 186.1% |
| Georgia | 1,030 | N/A | N/A | N/A | 0% |
| Others | 1,240 | 1,820 | 1,795 | 688 | -17.8% |
| Total | 3,988 | 4,946 | 3,282 | 3,649 | -2.9% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from the UK in 2022:
- Nigeria (255.0 tons)
- Algeria (105.0 tons)
- United States (60.3 tons)
- United Arab Emirates (36.0 tons)
- Poland (29.0 tons)
- France (22.8 tons)
- Canada (15.5 tons)
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