Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey - 2024
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey (CIF) - 2022
In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $3,890 per ton, dropping by -25.5% against the previous year. Over the period under review, the import price showed a mild reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 13%. As a result, import price attained the peak level of $5,223 per ton, and then contracted markedly in the following year.
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 the United States ($17,662 per ton), while the price for the Netherlands ($2,454 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), 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 Turkey (FOB) - 2022
In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $3,731 per ton, growing by 34% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 113%. The export price peaked at $120,500 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +21.2% per year.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey
For the fourth year in a row, Turkey recorded growth in overseas purchases of bromides and bromide oxides; other than item no. 2827.51s, which increased by 7.5% to 183 tons in 2022. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s contracted significantly to $713K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of $890K, and then fell markedly in the following year.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 27.6 | 280 | 315 | 345 | 132.1% |
| United States | 43.6 | 165 | 210 | 220 | 71.5% |
| China | 9.1 | 27.4 | 174 | 53.2 | 80.1% |
| Israel | 1.4 | 17.4 | 22.4 | 50.7 | 230.8% |
| Germany | 16.3 | 1.0 | 87.7 | 14.2 | -4.5% |
| United Arab Emirates | 386 | N/A | N/A | N/A | 0% |
| Italy | 60.1 | 114 | 22.2 | N/A | -39.2% |
| Others | 19.7 | 24.1 | 57.8 | 30.4 | 15.6% |
| Total | 564 | 629 | 890 | 713 | 8.1% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Turkey in 2022:
- Netherlands (140.4 tons)
- Israel (19.0 tons)
- United States (12.4 tons)
- China (6.3 tons)
- Germany (3.0 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey
In 2022, the amount of bromides and bromide oxides; other than item no. 2827.51s exported from Turkey skyrocketed to 125 tons, growing by 1,396% compared with 2021 figures. Over the period under review, exports, however, saw a precipitous decrease.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s skyrocketed to $468K in 2022. Overall, exports, however, recorded a deep contraction.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 23.1 | 8.9 | 22.8 | 454 | 169.9% |
| Cameroon | 498 | N/A | N/A | N/A | 0% |
| Others | 33.6 | N/A | 0.6 | 13.3 | -26.6% |
| Total | 555 | 8.9 | 23.3 | 468 | -5.5% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Turkey in 2022:
- Iran (125.1 tons)
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