Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Azerbaijan - 2023
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Azerbaijan (CIF) - 2023
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Azerbaijan
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Azerbaijan (CIF) - 2023
In December 2023, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $2,448 per ton, dropping by -4.9% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $3,125 per ton. From June 2023 to December 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was India ($3,352 per ton), while the price for Israel stood at $2,400 per ton.
From April 2023 to December 2023, the most notable rate of growth in terms of prices was attained by India (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in supplies from abroad of bromides and bromide oxides; other than item no. 2827.51s, which increased by 15% to 4.2K tons in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 140%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s soared to $10M in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 161% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 0.6 | 2.4 | 5.2 | 9.1 | 147.5% |
| Turkey | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
| United Arab Emirates | 0.1 | 1.0 | 0.6 | 0.5 | 71.0% |
| China | 0.7 | 0.6 | 0.6 | N/A | -7.4% |
| United States | 0.8 | 0.9 | 0.6 | N/A | -13.4% |
| India | 0.4 | 1.4 | 0.9 | N/A | 50.0% |
| South Africa | N/A | 0.3 | 0.3 | N/A | 0.0% |
| Others | 0.1 | 0.4 | 0.3 | N/A | 73.2% |
| Total | 2.7 | 7.1 | 8.7 | 10.1 | 55.2% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Azerbaijan in 2022:
- Israel (3.8K tons)
- Turkey (0.2K tons)
- United Arab Emirates (0.2K tons)
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