Price for Bromides; of Sodium or of Potassium in Turkey - 2024
Contents:
- Price for Bromides; of Sodium or of Potassium in Turkey (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in Turkey (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Turkey
- Exports of Bromides; of Sodium or of Potassium in Turkey
Price for Bromides; of Sodium or of Potassium in Turkey (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $4,484 per ton, reducing by -4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. As a result, import price reached the peak level of $5,168 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 China ($10,938 per ton), while the price for India ($2,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in Turkey (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $5,652 per ton in 2022, with a decrease of -39.7% against the previous year. Overall, the export price, however, saw a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 109%. Over the period under review, the average export prices hit record highs at $9,366 per ton in 2021, and then contracted significantly in the following year.
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 Lebanon ($9,991 per ton), while the average price for exports to Iraq ($4,000 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 Turkmenistan (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides; of Sodium or of Potassium in Turkey
In 2022, the amount of bromides; of sodium or of potassia imported into Turkey soared to 239 tons, surging by 49% on the previous year. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 88%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of bromides; of sodium or of potassia skyrocketed to $1.1M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 94% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Bromides; of Sodium or of Potassium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 99.1 | 345 | 282 | 474 | 68.5% |
| China | 197 | 292 | 309 | 342 | 20.2% |
| Belgium | 5.5 | 2.7 | 11.0 | 203 | 232.9% |
| India | 59.4 | 49.1 | 71.9 | 31.0 | -19.5% |
| Lao People's Democratic Republic | N/A | N/A | 45.4 | N/A | 0% |
| Others | 10.2 | 31.1 | 32.7 | 20.0 | 25.2% |
| Total | 372 | 720 | 751 | 1,070 | 42.2% |
Top Suppliers of Bromides; of Sodium or of Potassium to Turkey in 2022:
- Israel (107.2 tons)
- Belgium (82.2 tons)
- China (31.2 tons)
- India (15.1 tons)
Exports of Bromides; of Sodium or of Potassium in Turkey
Exports of bromides; of sodium or of potassia from Turkey surged to 33 tons in 2022, jumping by 159% on the year before. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 261%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of bromides; of sodium or of potassia surged to $189K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 655%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Bromides; of Sodium or of Potassium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | 2.3 | N/A | 9.8 | 159 | 310.4% |
| Lebanon | N/A | 0.1 | N/A | 14.8 | 1116.6% |
| Uzbekistan | N/A | 17.6 | N/A | 12.8 | -14.7% |
| Iran | N/A | 18.8 | 3.6 | 1.0 | -76.9% |
| Iraq | 1.4 | 0.2 | 8.7 | N/A | 149.3% |
| Qatar | N/A | 1.5 | 9.6 | N/A | 540.0% |
| United States | N/A | N/A | 88.3 | N/A | 0% |
| Others | 2.1 | 5.2 | 1.3 | 2.0 | -1.6% |
| Total | 5.7 | 43.4 | 121 | 189 | 221.3% |
Top Export Markets for Bromides; of Sodium or of Potassium from Turkey in 2022:
- Turkmenistan (30.4 tons)
- Lebanon (1.5 tons)
- Uzbekistan (1.5 tons)
- Iran (0.1 tons)
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