Price for Bromides; of Sodium or of Potassium in Angola - 2022

Contents:

1. Price for Bromides; of Sodium or of Potassium in Angola (CIF) - 2022
2. Price for Bromides; of Sodium or of Potassium in Angola (FOB) - 2022
3. Imports of Bromides; of Sodium or of Potassium in Angola
4. Exports of Bromides; of Sodium or of Potassium in Angola

Price for Bromides; of Sodium or of Potassium in Angola (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $2,901 per ton, with an increase of 8.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 43%. The import price peaked at $3,000 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($3,928 per ton), while the price for the Netherlands ($2,422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bromides; of Sodium or of Potassium in Angola (FOB) - 2022

In 2022, the average export price for bromides; of sodium or of potassia amounted to $4,262 per ton, surging by 69% against the previous year. Overall, the export price showed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($5,354 per ton), while the average price for exports to Senegal amounted to $3,978 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+2.0%).

Imports of Bromides; of Sodium or of Potassium in Angola

In 2022, the amount of bromides; of sodium or of potassia imported into Angola skyrocketed to 1.3K tons, jumping by 162% against 2021 figures. Over the period under review, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 617%.

In value terms, imports of bromides; of sodium or of potassia soared to $3.8M in 2022. Overall, imports, however, recorded a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 676%.

Top Suppliers of Bromides; of Sodium or of Potassium to Angola in 2022:

1. Israel (650.3 tons)
2. Netherlands (425.6 tons)
3. United States (248.7 tons)

Exports of Bromides; of Sodium or of Potassium in Angola

In 2022, approx. 332 tons of bromides; of sodium or of potassia were exported from Angola; waning by -6.6% against the previous year's figure. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 84%. As a result, the exports attained the peak of 356 tons, and then shrank in the following year.

In value terms, exports of bromides; of sodium or of potassia surged to $1.4M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 138% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Bromides; of Sodium or of Potassium from Angola in 2022:

1. Senegal (263.8 tons)
2. Mauritania (68.5 tons)

Source: IndexBox Market Intelligence Platform