Price for Bromides; of Sodium or of Potassium in Sri Lanka - 2022
Contents:
- Price for Bromides; of Sodium or of Potassium in Sri Lanka (CIF) - 2022
- Imports of Bromides; of Sodium or of Potassium in Sri Lanka
Price for Bromides; of Sodium or of Potassium in Sri Lanka (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $9,417 per ton, with an increase of 7.9% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 131%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +28.3% per year.
Imports of Bromides; of Sodium or of Potassium in Sri Lanka
In 2022, the amount of bromides; of sodium or of potassia imported into Sri Lanka declined remarkably to 2.9 tons, shrinking by -50.2% on 2021 figures. Over the period under review, imports recorded a dramatic setback. The smallest decline of -16.6% was in 2021.
In value terms, imports of bromides; of sodium or of potassia contracted dramatically to $27K in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. As a result, imports reached the peak of $50K, and then dropped remarkably in the following year.
| Import of Bromides; of Sodium or of Potassium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.1 | 8.8 | 23.9 | 26.7 | 23.7% |
| Thailand | N/A | 5.6 | N/A | N/A | 0% |
| Malaysia | 8.3 | N/A | N/A | N/A | 0% |
| United Kingdom | 0.1 | 5.5 | 9.6 | N/A | 879.8% |
| Singapore | 2.0 | 0.2 | 3.9 | N/A | 39.6% |
| Netherlands | 7.2 | 5.8 | 11.3 | N/A | 25.3% |
| Israel | 12.0 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.1 | 1.4 | 0.2 | -34.1% |
| Total | 44.3 | 26.0 | 50.1 | 26.9 | -15.3% |
Top Suppliers of Bromides; of Sodium or of Potassium to Sri Lanka in 2022:
- India (2.9 tons)
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