Price for Bromides; of Sodium or of Potassium in Brazil - 2024
Contents:
- Price for Bromides; of Sodium or of Potassium in Brazil (CIF) - 2024
- Price for Bromides; of Sodium or of Potassium in Brazil (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Brazil
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 644 | 709 | 1,212 | 1,948 | 44.6% |
China | 71.0 | 110 | 418 | 955 | 137.8% |
United States | 43.8 | 95.9 | 45.9 | 219 | 71.0% |
Others | 16.0 | 27.6 | 17.1 | 68.0 | 62.0% |
Total | 775 | 943 | 1,693 | 3,190 | 60.3% |
Top Suppliers of Bromides; of Sodium or of Potassium to Brazil in 2022:
- Israel (488.3 tons)
- United States (109.6 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 173 | 106 | 428 | 969 | 77.6% |
Singapore | 146 | 150 | 132 | 106 | -10.1% |
South Africa | 91.4 | 40.8 | 43.5 | 72.1 | -7.6% |
Chile | 2.3 | 2.1 | N/A | 33.5 | 144.2% |
China | 16.5 | N/A | 12.1 | 9.5 | -16.8% |
Australia | 25.0 | N/A | N/A | N/A | 0% |
Others | N/A | 5.8 | 28.9 | N/A | 398.3% |
Total | 453 | 305 | 644 | 1,190 | 38.0% |
Top Export Markets for Bromides; of Sodium or of Potassium from Brazil in 2022:
- Argentina (367.2 tons)
- Singapore (327.6 tons)
- South Africa (234.0 tons)
- Chile (23.4 tons)
- China (19.6 tons)
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This report provides an in-depth analysis of the market for bromides, iodides and oxids thereof in Brazil.
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