Price for Bromides; of Sodium or of Potassium in Canada - 2024
Contents:
- Price for Bromides; of Sodium or of Potassium in Canada (CIF) - 2024
- Price for Bromides; of Sodium or of Potassium in Canada (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Canada
- Exports of Bromides; of Sodium or of Potassium in Canada
Price for Bromides; of Sodium or of Potassium in Canada (CIF) - 2024
The average import price for bromides; of sodium or of potassia stood at $2,792 per ton in January 2024, declining by -54.8% against the previous month. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in October 2023 an increase of 89% m-o-m. Over the period under review, average import prices attained the maximum at $6,177 per ton in December 2023, and then contracted remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Israel ($4,391 per ton), while the price for the United States ($1,486 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Israel (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Bromides; of Sodium or of Potassium in Canada (FOB) - 2022
In 2022, the average export price for bromides; of sodium or of potassia amounted to $3,791 per ton, increasing by 68% against the previous year. Over the period under review, the export price recorded modest growth. Over the period under review, the average export prices reached the maximum at $3,852 per ton in 2014; however, from 2015 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.2% per year.
Imports of Bromides; of Sodium or of Potassium in Canada
In 2022, imports of bromides; of sodium or of potassia into Canada contracted sharply to 1.4K tons, dropping by -20.7% against 2021. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 0.1%.
In value terms, imports of bromides; of sodium or of potassia contracted to $5M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The smallest decline of -3.7% was in 2021.
| Import of Bromides; of Sodium or of Potassium in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 4.2 | 2.6 | 2.9 | 2.0 | -21.9% |
| United States | 1.9 | 1.6 | 1.3 | 1.2 | -14.2% |
| China | 1.2 | 1.6 | 1.2 | 1.1 | -2.9% |
| India | N/A | N/A | N/A | 0.6 | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 7.3 | 5.8 | 5.6 | 5.0 | -11.9% |
Top Suppliers of Bromides; of Sodium or of Potassium to Canada in 2022:
- Israel (615.8 tons)
- United States (528.5 tons)
- China (152.0 tons)
- India (51.5 tons)
Exports of Bromides; of Sodium or of Potassium in Canada
In 2022, shipments abroad of bromides; of sodium or of potassia decreased by -96.4% to 6.1 tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 45%. As a result, the exports reached the peak of 189 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of bromides; of sodium or of potassia shrank markedly to $23K in 2022. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 5.2%. As a result, the exports reached the peak of $488K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Bromides; of Sodium or of Potassium in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 441 | 488 | 382 | 22.8 | -62.7% |
| India | 22.2 | N/A | N/A | N/A | 0% |
| Others | 1.0 | N/A | 0.1 | 0.2 | -41.5% |
| Total | 464 | 488 | 382 | 23.0 | -63.3% |
Top Export Markets for Bromides; of Sodium or of Potassium from Canada in 2022:
- United States (6.0 tons)
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