Price for Bromides; of Sodium or of Potassium in Italy - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in Italy (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in Italy (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Italy
- Exports of Bromides; of Sodium or of Potassium in Italy
Price for Bromides; of Sodium or of Potassium in Italy (CIF) - 2022
The average import price for bromides; of sodium or of potassia stood at $4,066 per ton in 2022, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,008 per ton), while the price for the United States ($2,825 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in Italy (FOB) - 2022
In 2022, the average export price for bromides; of sodium or of potassia amounted to $4,903 per ton, which is down by -16.3% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 192% against the previous year. The export price peaked at $5,860 per ton in 2021, and then contracted notably in the following year.
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 Lithuania ($27,988 per ton), while the average price for exports to Bosnia and Herzegovina ($1,746 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 (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides; of Sodium or of Potassium in Italy
In 2022, purchases abroad of bromides; of sodium or of potassia decreased by -14.5% to 482 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 2.7% against the previous year. As a result, imports reached the peak of 873 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of bromides; of sodium or of potassia declined modestly to $2M in 2022. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 6.8%. As a result, imports reached the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Bromides; of Sodium or of Potassium in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 647 | 938 | 955 | 1,164 | 21.6% |
| United States | 217 | 279 | 310 | 463 | 28.7% |
| Czech Republic | 8.0 | 3.1 | 18.3 | 155 | 168.6% |
| Germany | 74.3 | 103 | 141 | 81.6 | 3.2% |
| Netherlands | 884 | 783 | 408 | 65.8 | -57.9% |
| Israel | 783 | 694 | 139 | N/A | -57.9% |
| Others | 42.7 | 37.3 | 41.2 | 28.8 | -12.3% |
| Total | 2,657 | 2,837 | 2,013 | 1,959 | -9.7% |
Top Suppliers of Bromides; of Sodium or of Potassium to Italy in 2022:
- Belgium (239.2 tons)
- United States (164.0 tons)
- Czech Republic (34.6 tons)
- Germany (22.3 tons)
- Netherlands (13.1 tons)
Exports of Bromides; of Sodium or of Potassium in Italy
In 2022, approx. 163 tons of bromides; of sodium or of potassia were exported from Italy; with an increase of 3.5% against 2021 figures. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 +57.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 44%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of bromides; of sodium or of potassia declined to $801K in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $925K, and then dropped in the following year.
| Export of Bromides; of Sodium or of Potassium in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 192 | 254 | 335 | 269 | 11.9% |
| China | N/A | 3.5 | 338 | 156 | 567.6% |
| Lithuania | 0.3 | 4.0 | 2.6 | 99.7 | 592.7% |
| Hungary | 88.6 | 92.0 | 91.1 | 87.2 | -0.5% |
| France | 0.3 | 80.4 | 58.7 | 48.1 | 443.3% |
| Slovenia | N/A | N/A | 2.4 | 19.9 | 729.2% |
| Netherlands | N/A | N/A | 0.2 | 17.9 | 8850.0% |
| Bosnia and Herzegovina | N/A | 3.6 | 14.3 | 17.5 | 120.5% |
| Austria | 9.3 | 12.4 | 13.4 | 12.8 | 11.2% |
| Poland | 39.9 | 26.4 | 13.4 | 11.5 | -33.9% |
| United Kingdom | 13.1 | 10.0 | 3.3 | 10.6 | -6.8% |
| Portugal | 8.8 | 7.0 | 6.9 | 8.4 | -1.5% |
| Luxembourg | 1.1 | 4.3 | 19.3 | 6.4 | 79.9% |
| Others | 75.4 | 119 | 26.6 | 35.4 | -22.3% |
| Total | 429 | 617 | 925 | 801 | 23.1% |
Top Export Markets for Bromides; of Sodium or of Potassium from Italy in 2022:
- Germany (75.8 tons)
- Hungary (20.8 tons)
- China (11.8 tons)
- France (10.0 tons)
- Bosnia and Herzegovina (10.0 tons)
- United Kingdom (4.3 tons)
- Netherlands (3.7 tons)
- Poland (3.7 tons)
- Lithuania (3.6 tons)
- Austria (3.6 tons)
- Slovenia (3.4 tons)
- Luxembourg (2.9 tons)
- Portugal (2.8 tons)
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