Price for Bromides; of Sodium or of Potassium in Brazil - 2024

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Brazil (CIF) - 2024
  2. Price for Bromides; of Sodium or of Potassium in Brazil (FOB) - 2022
  3. Imports of Bromides; of Sodium or of Potassium in Brazil
  4. Exports of Bromides; of Sodium or of Potassium in Brazil

Price for Bromides; of Sodium or of Potassium in Brazil (CIF) - 2024

In February 2024, the average import price for bromides; of sodium or of potassia amounted to $5,062 per ton, jumping by 27% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 1,745% m-o-m. As a result, import price reached the peak level of $103K per ton. From April 2023 to February 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was China ($7,466 per ton), while the price for Israel amounted to $3,917 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Israel (-2.8%).

Price for Bromides; of Sodium or of Potassium in Brazil (FOB) - 2022

In 2022, the average export price for bromides; of sodium or of potassia amounted to $1,225 per ton, growing by 70% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 an increase of 80%. The export price peaked at $9,255 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($2,639 per ton), while the average price for exports to South Africa ($308 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 Chile (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Brazil

In 2022, imports of bromides; of sodium or of potassia into Brazil soared to 673 tons, with an increase of 53% compared with the previous year. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of bromides; of sodium or of potassia skyrocketed to $3.2M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bromides; of Sodium or of Potassium in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel6447091,2121,94844.6%
China71.0110418955137.8%
United States43.895.945.921971.0%
Others16.027.617.168.062.0%
Total7759431,6933,19060.3%

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

  1. Israel (488.3 tons)
  2. United States (109.6 tons)
  3. China (67.8 tons)

Exports of Bromides; of Sodium or of Potassium in Brazil

In 2022, exports of bromides; of sodium or of potassia from Brazil was estimated at 972 tons, increasing by 8.4% compared with the previous year. Overall, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year.

In value terms, exports of bromides; of sodium or of potassia skyrocketed to $1.2M in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 111%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Bromides; of Sodium or of Potassium in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina17310642896977.6%
Singapore146150132106-10.1%
South Africa91.440.843.572.1-7.6%
Chile2.32.1N/A33.5144.2%
China16.5N/A12.19.5-16.8%
Australia25.0N/AN/AN/A0%
OthersN/A5.828.9N/A398.3%
Total4533056441,19038.0%

Top Export Markets for Bromides; of Sodium or of Potassium from Brazil in 2022:

  1. Argentina (367.2 tons)
  2. Singapore (327.6 tons)
  3. South Africa (234.0 tons)
  4. Chile (23.4 tons)
  5. China (19.6 tons)

Source: IndexBox Market Intelligence Platform

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