Fluorine; Bromine Price in India - 2023
Contents:
- Fluorine; Bromine Price in India (CIF) - 2022
- Fluorine; Bromine Price in India (FOB) - 2022
- Fluorine; Bromine Imports in India
- Fluorine; Bromine Exports in India
Fluorine; Bromine Price in India (CIF) - 2022
In 2022, the average fluorine; bromine import price amounted to $5,754 per ton, growing by 43% against the previous year. In general, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($7,192 per ton) and Israel ($5,800 per ton), while the price for the United States ($5,180 per ton) and Belgium ($5,495 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Fluorine; Bromine Price in India (FOB) - 2022
In 2022, the average fluorine; bromine export price amounted to $5,044 per ton, surging by 29% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fluorine; bromine export price increased by +120.8% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.1% per year.
Fluorine; Bromine Imports in India
In 2022, after three years of growth, there was significant decline in overseas purchases of fluorine; bromines, when their volume decreased by -31.4% to 8.4K tons. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 55%.
In value terms, fluorine; bromine imports shrank slightly to $48M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 77% against the previous year.
| Import of Fluorine; Bromine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 7.2 | 18.1 | 25.6 | 25.8 | 53.0% |
| Jordan | 14.0 | 15.9 | 16.8 | 16.9 | 6.5% |
| China | 0.3 | 0.8 | 2.6 | 2.6 | 105.4% |
| United States | 0.2 | 2.3 | 1.5 | 1.5 | 95.7% |
| Belgium | 0.3 | 1.0 | 0.9 | 0.9 | 44.2% |
| Others | 0.3 | 1.2 | 1.7 | 0.3 | 0.0% |
| Total | 22.3 | 39.4 | 49.1 | 48.1 | 29.2% |
Top Suppliers of Fluorine; Bromine to India in 2022:
- Israel (4.5K tons)
- Jordan (3.0K tons)
- China (0.4K tons)
- United States (0.3K tons)
- Belgium (0.2K tons)
Fluorine; Bromine Exports in India
In 2022, the amount of fluorine; bromines exported from India surged to 14K tons, jumping by 20% compared with 2021 figures. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 76%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, fluorine; bromine exports skyrocketed to $73M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 97%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Fluorine; Bromine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.0 | 22.7 | 45.5 | 71.5 | 50.4% |
| Others | 0.4 | 1.3 | 1.7 | 1.6 | 58.7% |
| Total | 21.4 | 24.0 | 47.2 | 73.1 | 50.6% |
Top Export Markets for Fluorine; Bromine from India in 2022:
- China (14.3K tons)
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