Price for Bromides; of Sodium or of Potassium in Mexico - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in Mexico (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in Mexico (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Mexico
- Exports of Bromides; of Sodium or of Potassium in Mexico
Price for Bromides; of Sodium or of Potassium in Mexico (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,638 per ton, stabilizing at the previous year. In general, the import price showed a slight expansion. The growth pace was the most rapid in 2015 when the average import price increased by 70% against the previous year. As a result, import price attained the peak level of $5,714 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, 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 +3.7% per year.
Price for Bromides; of Sodium or of Potassium in Mexico (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $6,302 per ton in 2022, rising by 32% against the previous year. In general, the export price, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 138%. The export price peaked at $37,513 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($10,728 per ton), while the average price for exports to the United States ($6,225 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 the United States (+58.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Bromides; of Sodium or of Potassium in Mexico
Imports of bromides; of sodium or of potassia into Mexico contracted sharply to 25 tons in 2022, declining by -60.5% compared with 2021 figures. In general, imports faced a sharp decline. The smallest decline of -14.7% was in 2020.
In value terms, imports of bromides; of sodium or of potassia fell sharply to $90K in 2022. Over the period under review, imports continue to indicate a dramatic slump. The smallest decline of -19% was in 2020.
| Import of Bromides; of Sodium or of Potassium in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 196 | 110 | 88.8 | 90.3 | -22.8% |
| Israel | 723 | 620 | 138 | N/A | -56.3% |
| Others | 11.0 | 23.6 | 0.7 | N/A | -74.8% |
| Total | 930 | 753 | 227 | 90.3 | -54.0% |
Top Suppliers of Bromides; of Sodium or of Potassium to Mexico in 2022:
- United States (24.8 tons)
Exports of Bromides; of Sodium or of Potassium in Mexico
Exports of bromides; of sodium or of potassia from Mexico skyrocketed to 46 tons in 2022, rising by 4,611% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of bromides; of sodium or of potassia surged to $288K in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bromides; of Sodium or of Potassium in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 9.6 | N/A | 277 | 437.2% |
| Guatemala | 2.3 | 0.7 | N/A | 7.3 | 47.0% |
| Costa Rica | 4.7 | 1.9 | 0.3 | 3.0 | -13.9% |
| Colombia | 4.1 | N/A | 2.6 | 0.2 | -63.5% |
| Others | N/A | 1.3 | 1.8 | 0.1 | -72.3% |
| Total | 11.2 | 13.5 | 4.6 | 288 | 195.2% |
Top Export Markets for Bromides; of Sodium or of Potassium from Mexico in 2022:
- United States (44.5 tons)
- Guatemala (0.7 tons)
- Costa Rica (0.4 tons)
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