Price for Bromides; of Sodium or of Potassium in Australia - 2024
Contents:
- Price for Bromides; of Sodium or of Potassium in Australia (CIF) - 2024
- Price for Bromides; of Sodium or of Potassium in Australia (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Australia
- Exports of Bromides; of Sodium or of Potassium in Australia
Price for Bromides; of Sodium or of Potassium in Australia (CIF) - 2024
The average import price for bromides; of sodium or of potassia stood at $2,104 per ton in January 2024, with an increase of 32% against the previous month. Overall, the import price recorded a slight increase. The most prominent rate of growth was recorded in May 2023 an increase of 99% against the previous month. As a result, import price attained the peak level of $3,672 per ton. From June 2023 to January 2024, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was China ($2,804 per ton), while the price for Jordan amounted to $2,030 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in Australia (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $56,111 per ton in 2022, with an increase of 1,485% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($76,908 per ton), while the average price for exports to the Philippines ($28,167 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 Guyana (+27.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Bromides; of Sodium or of Potassium in Australia
In 2022, the amount of bromides; of sodium or of potassia imported into Australia skyrocketed to 3.4K tons, picking up by 18% compared with 2021 figures. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 160%. As a result, imports reached the peak of 6.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of bromides; of sodium or of potassia surged to $6.7M in 2022. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Bromides; of Sodium or of Potassium in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | 1.0 | 5.3 | 430.0% |
| China | 2.4 | 9.1 | 0.7 | 1.2 | -20.6% |
| Israel | 2.0 | 1.4 | 4.0 | 0.2 | -53.6% |
| United States | N/A | 2.5 | N/A | N/A | 0% |
| India | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 5.1 | 13.3 | 5.6 | 6.7 | 9.5% |
Top Suppliers of Bromides; of Sodium or of Potassium to Australia in 2022:
- Jordan (2938.1 tons)
- China (382.4 tons)
- Israel (90.6 tons)
- India (0.2 tons)
- United States (0.1 tons)
Exports of Bromides; of Sodium or of Potassium in Australia
In 2022, overseas shipments of bromides; of sodium or of potassia decreased by -99.6% to 216 kg, falling for the second year in a row after two years of growth. Overall, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 2,016%. As a result, the exports reached the peak of 125 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of bromides; of sodium or of potassia declined notably to $12K in 2022. Over the period under review, exports faced a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 740% against the previous year. As a result, the exports attained the peak of $227K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Bromides; of Sodium or of Potassium in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 2.6 | N/A | 9.2 | 88.1% |
| Thailand | 0.5 | N/A | 2.2 | 1.9 | 56.0% |
| Philippines | N/A | N/A | N/A | 1.0 | 0% |
| Guyana | 7.5 | N/A | N/A | N/A | 0% |
| China | N/A | 27.3 | N/A | N/A | 0% |
| India | N/A | 30.8 | N/A | N/A | 0% |
| Indonesia | N/A | 155 | N/A | N/A | 0% |
| Qatar | N/A | N/A | 132 | N/A | 0% |
| Others | 18.9 | 10.9 | 43.2 | N/A | 51.2% |
| Total | 27.0 | 227 | 178 | 12.1 | -23.5% |
Top Export Markets for Bromides; of Sodium or of Potassium from Australia in 2022:
- Canada (120.0 kg)
- Thailand (60.0 kg)
- Philippines (36.0 kg)
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