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

Contents:

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

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

In 2022, the average export price for bromides; of sodium or of potassia amounted to $3,333 per ton, growing by 2.5% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +2.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +91.8% per year.

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

In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,429 per ton, falling by -18% against the previous year. In general, the import price faced a sharp decrease. The most prominent rate of growth was recorded in 2013 an increase of 30%. As a result, import price reached the peak level of $72,375 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +837.2% per year.

Exports of Bromides; of Sodium or of Potassium in Luxembourg

In 2022, after two years of growth, there was significant decline in overseas shipments of bromides; of sodium or of potassia, when their volume decreased by -85.8% to 963 kg. In general, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 with an increase of 155%. As a result, the exports attained the peak of 6.8 tons, and then contracted notably in the following year.

In value terms, exports of bromides; of sodium or of potassia fell significantly to $3.2K in 2022. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. As a result, the exports attained the peak of $22K, and then fell dramatically in the following year.

Export of Bromides; of Sodium or of Potassium in Luxembourg (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/AN/A3.20%
Belgium7.622.1N/A190.8%
Others0.8N/AN/A0%
Total8.522.13.2-38.6%

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

  1. Netherlands (963.0 kg)

Imports of Bromides; of Sodium or of Potassium in Luxembourg

After three years of growth, purchases abroad of bromides; of sodium or of potassia decreased by -95.3% to 219 kg in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 436%. As a result, imports reached the peak of 4.7 tons, and then declined dramatically in the following year.

In value terms, imports of bromides; of sodium or of potassia fell dramatically to $751 in 2022. Overall, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 392%. As a result, imports attained the peak of $19K, and then declined significantly in the following year.

Import of Bromides; of Sodium or of Potassium in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.40.30.60.8-17.0%
ItalyN/A3.618.3N/A408.3%
FranceN/AN/A0.6N/A0%
Others0.50.1N/AN/A-80.0%
Total1.94.019.50.8-25.0%

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

  1. Belgium (219.0 kg)

Source: IndexBox Market Intelligence Platform

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