Price for Bromides; of Sodium or of Potassium in Hungary - 2023

Contents:

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

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

The average import price for bromides; of sodium or of potassia stood at $5,516 per ton in 2022, which is down by -42.2% against the previous year. In general, the import price, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 66%. Over the period under review, average import prices hit record highs at $9,784 per ton in 2020; however, from 2021 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 Germany ($7,753 per ton), while the price for Belgium amounted to $4,716 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for bromides; of sodium or of potassia stood at $23,858 per ton in 2022, surging by 32% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $24,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($33,438 per ton), while the average price for exports to Serbia amounted to $8,512 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Hungary

In 2022, supplies from abroad of bromides; of sodium or of potassia was finally on the rise to reach 7 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic contraction.

In value terms, imports of bromides; of sodium or of potassia surged to $38K in 2022. Over the period under review, imports, however, faced a precipitous contraction.

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

1. Belgium (5.0 tons)
2. Germany (1.8 tons)

Exports of Bromides; of Sodium or of Potassium in Hungary

In 2022, exports of bromides; of sodium or of potassia from Hungary surged to 106 kg, jumping by 141% on the year before. Overall, exports, however, saw a dramatic decrease.

In value terms, exports of bromides; of sodium or of potassia skyrocketed to $2.5K in 2022. In general, exports, however, faced a significant curtailment.

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

1. Slovakia (64.0 kg)
2. Serbia (41.0 kg)

Source: IndexBox Market Intelligence Platform