Price for Bromides; of Sodium or of Potassium in Pakistan - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in Pakistan (CIF) - 2022
- Imports of Bromides; of Sodium or of Potassium in Pakistan
Price for Bromides; of Sodium or of Potassium in Pakistan (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $4,232 per ton, with an increase of 54% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 149% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 Brazil ($5,166 per ton), while the price for China totaled $2,799 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Bromides; of Sodium or of Potassium in Pakistan
In 2022, purchases abroad of bromides; of sodium or of potassia decreased by -35.8% to 29 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 4,396%. As a result, imports reached the peak of 736 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of bromides; of sodium or of potassia declined slightly to $123K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,379%. As a result, imports attained the peak of $811K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Bromides; of Sodium or of Potassium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 6.1 | 49.8 | 9.5 | 91.0 | 146.2% |
| China | 1.3 | 3.7 | 4.2 | 31.0 | 187.8% |
| Jordan | N/A | 593 | N/A | N/A | 0% |
| Singapore | 16.3 | 133 | 97.4 | N/A | 144.4% |
| Others | 9.0 | 31.3 | 12.8 | 0.7 | -57.3% |
| Total | 32.7 | 811 | 124 | 123 | 55.5% |
Top Suppliers of Bromides; of Sodium or of Potassium to Pakistan in 2022:
- Brazil (17.6 tons)
- China (11.1 tons)
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