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

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Portugal (CIF) - 2022
  2. Imports of Bromides; of Sodium or of Potassium in Portugal

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

In 2022, the average import price for bromides; of sodium or of potassia amounted to $2,789 per ton, increasing by 2.7% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 60%. As a result, import price reached the peak level of $7,963 per ton. From 2014 to 2022, the average 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 France ($7,091 per ton), while the price for Germany ($2,153 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Bromides; of Sodium or of Potassium in Portugal

After three years of growth, purchases abroad of bromides; of sodium or of potassia decreased by -22.6% to 28 tons in 2022. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 9.2% against the previous year. As a result, imports attained the peak of 36 tons, and then shrank significantly in the following year.

In value terms, imports of bromides; of sodium or of potassia declined significantly to $77K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of $97K, and then dropped significantly in the following year.

Import of Bromides; of Sodium or of Potassium in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45.355.066.545.80.4%
France17.816.420.417.1-1.3%
Italy5.51.82.08.415.2%
SwedenN/AN/AN/A3.20%
Spain9.911.77.92.7-35.2%
Others0.31.30.60.410.1%
Total78.786.297.477.4-0.6%

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

  1. Germany (21.3 tons)
  2. France (2.4 tons)
  3. Italy (2.3 tons)
  4. Sweden (1.3 tons)
  5. Spain (0.6 tons)

Source: IndexBox Market Intelligence Platform

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