Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina - 2023
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina (CIF) - 2022
In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $3,305 per ton, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 25%. Over the period under review, average import prices attained the maximum at $3,789 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,038 per ton), while the price for Brazil ($2,034 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $43,632 per ton in 2022, with an increase of 21% against the previous year. Overall, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 128% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Paraguay ($176,000 per ton), while the average price for exports to Uruguay ($16,980 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 Paraguay (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina
Imports of bromides and bromide oxides; other than item no. 2827.51s into Argentina fell to 79 tons in 2022, with a decrease of -10.3% on the year before. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 98%.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s contracted to $260K in 2022. Overall, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 289 | 82.6 | 169 | 115 | -26.4% |
| Brazil | 77.4 | 25.0 | 38.3 | 85.4 | 3.3% |
| United States | 9.2 | 4.6 | 11.0 | 46.6 | 71.7% |
| Chile | 115 | 38.5 | 62.4 | N/A | -26.3% |
| Others | 51.3 | 7.3 | 10.4 | 13.2 | -36.4% |
| Total | 541 | 158 | 291 | 260 | -21.7% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Argentina in 2022:
- Brazil (42.0 tons)
- Israel (27.0 tons)
- United States (9.3 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina
For the third consecutive year, Argentina recorded decline in overseas shipments of bromides and bromide oxides; other than item no. 2827.51s, which decreased by -13.6% to 557 kg in 2022. Overall, exports showed a dramatic decline.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s expanded slightly to $24K in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 11.9 | 13.6 | 15.3 | 17.0 | 12.6% |
| Uruguay | 8.0 | 6.9 | 5.9 | 5.0 | -14.5% |
| Paraguay | 1.5 | 1.7 | 2.0 | 2.3 | 15.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.3 | 22.3 | 23.3 | 24.3 | 4.5% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Argentina in 2022:
- Uruguay (295.0 kg)
- Chile (249.0 kg)
- Paraguay (13.0 kg)
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