Price for Bromides; of Sodium or of Potassium in Venezuela - 2022
Contents:
- Price for Bromides; of Sodium or of Potassium in Venezuela (CIF) - 2022
- Imports of Bromides; of Sodium or of Potassium in Venezuela
Price for Bromides; of Sodium or of Potassium in Venezuela (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $4,008 per ton, increasing by 1.9% against the previous year. Over the period under review, the import price showed strong growth. The most prominent rate of growth was recorded in 2016 an increase of 39%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,738 per ton), while the price for China stood at $3,553 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.3%).
Imports of Bromides; of Sodium or of Potassium in Venezuela
For the fourth year in a row, Venezuela recorded growth in overseas purchases of bromides; of sodium or of potassia, which increased by 2.9% to 12 tons in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 119% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of bromides; of sodium or of potassia amounted to $47K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 128% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Bromides; of Sodium or of Potassium in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 17.3 | 38.8 | 40.9 | 52.2% |
| Others | 1.3 | 2.2 | 5.7 | 5.7 | 63.7% |
| Total | 12.9 | 19.5 | 44.5 | 46.7 | 53.5% |
Top Suppliers of Bromides; of Sodium or of Potassium to Venezuela in 2022:
- China (11.5 tons)
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