Price for Bromides; of Sodium or of Potassium in Belgium - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in Belgium (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in Belgium (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Belgium
- Exports of Bromides; of Sodium or of Potassium in Belgium
Price for Bromides; of Sodium or of Potassium in Belgium (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $1,987 per ton, which is down by -42.4% against the previous year. Over the period under review, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 69% against the previous year. Over the period under review, average import prices reached the maximum at $3,451 per ton in 2021, and then declined significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,246 per ton), while the price for Jordan ($1,386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in Belgium (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $1,979 per ton in 2022, with a decrease of -40.8% against the previous year. Overall, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 39% against the previous year. The export price peaked at $3,550 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,805 per ton), while the average price for exports to Guyana ($1,141 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 Germany (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides; of Sodium or of Potassium in Belgium
In 2022, the amount of bromides; of sodium or of potassia imported into Belgium surged to 12K tons, with an increase of 220% against the previous year's figure. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of bromides; of sodium or of potassia soared to $23M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 119% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Bromides; of Sodium or of Potassium in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | 6.1 | 9.4 | 10.7 | 32.4% |
| Jordan | N/A | 1.0 | N/A | 8.5 | 191.5% |
| Germany | 0.3 | 1.9 | 1.0 | 1.3 | 63.0% |
| China | N/A | 0.7 | 0.8 | 1.1 | 25.4% |
| France | 4.0 | 0.9 | 1.0 | 1.0 | -37.0% |
| Netherlands | 0.7 | 0.4 | 0.2 | 0.3 | -24.6% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 5.1 | 11.1 | 12.5 | 22.9 | 65.0% |
Top Suppliers of Bromides; of Sodium or of Potassium to Belgium in 2022:
- Jordan (6.2K tons)
- Israel (4.8K tons)
- France (0.2K tons)
- China (0.2K tons)
- Netherlands (0.1K tons)
- Germany (0.1K tons)
Exports of Bromides; of Sodium or of Potassium in Belgium
In 2022, approx. 8.4K tons of bromides; of sodium or of potassia were exported from Belgium; jumping by 108% against 2021 figures. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 153% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of bromides; of sodium or of potassia surged to $17M in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 163%. As a result, the exports reached the peak of $17M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Bromides; of Sodium or of Potassium in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | N/A | N/A | N/A | 5.4 | 0% |
| Germany | 0.2 | 3.3 | 2.0 | 1.8 | 108.0% |
| Norway | 0.5 | 2.7 | 6.2 | 1.5 | 44.2% |
| United Kingdom | 0.4 | 0.7 | 0.2 | 1.4 | 51.8% |
| France | 0.1 | 1.8 | 1.4 | 1.3 | 135.1% |
| Netherlands | 0.1 | 0.4 | 0.1 | 1.2 | 128.9% |
| Singapore | N/A | N/A | N/A | 0.6 | 0% |
| United States | 1.1 | 0.1 | 0.2 | 0.1 | -55.0% |
| Azerbaijan | 3.1 | 3.8 | N/A | N/A | 22.6% |
| Others | 1.0 | 4.1 | 3.5 | 3.4 | 50.4% |
| Total | 6.4 | 16.9 | 13.5 | 16.6 | 37.4% |
Top Export Markets for Bromides; of Sodium or of Potassium from Belgium in 2022:
- Guyana (4719.4 tons)
- Netherlands (638.5 tons)
- United Kingdom (631.3 tons)
- Norway (585.9 tons)
- Singapore (383.7 tons)
- Germany (376.1 tons)
- France (335.8 tons)
- United States (7.9 tons)
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