Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Uganda - 2022

Contents:

1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Uganda (CIF) - 2022
2. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Uganda (FOB) - 2022
3. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Uganda
4. Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Uganda

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

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $3,358 per ton in 2022, waning by -2.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 278% against the previous year. Over the period under review, average import prices reached the peak figure at $13,868 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 South Africa ($3,395 per ton), while the price for India stood at $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.4%).

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

The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $8,333 per ton in 2022, picking up by 176% against the previous year. Overall, the export price recorded a resilient expansion. The growth pace was the most rapid in 2019 when the average export price increased by 228% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($11,857 per ton), while the average price for exports to Rwanda totaled $3,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+8.6%).

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

For the fourth consecutive year, Uganda recorded growth in purchases abroad of bromides and bromide oxides; other than item no. 2827.51s, which increased by 17% to 3.8 tons in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 126%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s stood at $13K in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. South Africa (3.8 tons)

Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Uganda

Exports of bromides and bromide oxides; other than item no. 2827.51s from Uganda dropped markedly to 12 kg in 2022, falling by -96.7% against 2021 figures. In general, exports saw a significant decline. The smallest decline of -13.3% was in 2020.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s reduced dramatically to $100 in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of -70% was in 2021.

Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Uganda in 2022:

1. Tanzania (7.0 kg)
2. Rwanda (5.0 kg)

Source: IndexBox Market Intelligence Platform