Price for Bromides; of Sodium or of Potassium in the UK - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in the UK (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in the UK (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in the UK
- Exports of Bromides; of Sodium or of Potassium in the UK
Price for Bromides; of Sodium or of Potassium in the UK (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,268 per ton, reducing by -12.3% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bromides; of sodium or of potassia increased by +49.1% against 2018 indices. The growth pace was the most rapid in 2019 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the peak figure at $3,728 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($25,321 per ton), while the price for the United States ($1,580 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in the UK (FOB) - 2022
In 2022, the average export price for bromides; of sodium or of potassia amounted to $3,180 per ton, picking up by 38% against the previous year. In general, the export price, however, continues to indicate a mild setback. The growth pace was the most rapid in 2019 an increase of 75%. The export price peaked at $4,091 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,937 per ton), while the average price for exports to Germany ($1,942 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 Cameroon (+81.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides; of Sodium or of Potassium in the UK
Imports of bromides; of sodium or of potassia into the UK surged to 1.4K tons in 2022, picking up by 62% against the year before. In general, imports, however, faced a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 87% against the previous year. As a result, imports attained the peak of 6.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of bromides; of sodium or of potassia surged to $4.7M in 2022. Overall, imports, however, showed a sharp shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 58%. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Bromides; of Sodium or of Potassium in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 0.9 | 2.4 | 1.3 | 3.1 | 51.0% |
| Russia | 6.7 | 9.6 | N/A | 0.8 | -50.8% |
| United States | 2.7 | 2.0 | 0.6 | 0.2 | -58.0% |
| Spain | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
| Belgium | 0.2 | 0.3 | 0.3 | N/A | 22.5% |
| Netherlands | 0.4 | 2.2 | 0.3 | N/A | -13.4% |
| Others | 0.2 | 1.1 | 0.5 | 0.5 | 35.7% |
| Total | 11.2 | 17.8 | 3.3 | 4.7 | -25.1% |
Top Suppliers of Bromides; of Sodium or of Potassium to the UK in 2022:
- Israel (944.6 tons)
- Russia (300.0 tons)
- United States (125.8 tons)
- Spain (22.7 tons)
- Netherlands (17.6 tons)
- Belgium (4.0 tons)
Exports of Bromides; of Sodium or of Potassium in the UK
In 2022, shipments abroad of bromides; of sodium or of potassia was finally on the rise to reach 941 tons after two years of decline. Overall, exports, however, saw a abrupt downturn.
In value terms, exports of bromides; of sodium or of potassia surged to $3M in 2022. Over the period under review, exports, however, recorded a abrupt setback.
| Export of Bromides; of Sodium or of Potassium in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.8 | 0.1 | 0.7 | 845 | 918.4% |
| Senegal | N/A | N/A | N/A | 622 | 0% |
| Ghana | 2,342 | N/A | N/A | 591 | -36.8% |
| Germany | 329 | 263 | 476 | 403 | 7.0% |
| Netherlands | N/A | N/A | 227 | 402 | 77.1% |
| Ireland | 73.6 | 103 | 8.6 | 39.6 | -18.7% |
| Russia | N/A | 151 | N/A | N/A | 0% |
| Norway | 578 | 1,141 | N/A | N/A | 97.4% |
| Guyana | 546 | N/A | N/A | N/A | 0% |
| Angola | 282 | N/A | N/A | N/A | 0% |
| Others | 83.1 | 78.3 | 480 | 89.2 | 2.4% |
| Total | 4,236 | 1,737 | 1,191 | 2,992 | -10.9% |
Top Export Markets for Bromides; of Sodium or of Potassium from the UK in 2022:
- Ghana (276.1 tons)
- Senegal (221.7 tons)
- Germany (207.7 tons)
- United Arab Emirates (106.4 tons)
- Netherlands (100.8 tons)
- Ireland (9.4 tons)
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