Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Bangladesh - 2022

Contents:

  1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Bangladesh (CIF) - 2022
  2. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Bangladesh

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Bangladesh (CIF) - 2022

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $4,429 per ton in 2022, reducing by -40.5% against the previous year. Overall, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 114% against the previous year. Over the period under review, average import prices attained the maximum at $7,448 per ton in 2021, and then fell dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($9,880 per ton), while the price for China ($3,996 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Bangladesh

In 2022, imports of bromides and bromide oxides; other than item no. 2827.51s into Bangladesh surged to 376 tons, growing by 512% against the previous year's figure. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s skyrocketed to $1.7M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 381%. Imports peaked 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 Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20639.82481,27783.7%
India47.817.814827679.4%
South Korea54.736.958.811026.2%
Others1.70.62.21.81.9%
Total31095.14571,66475.1%

Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Bangladesh in 2022:

  1. China (319.5 tons)
  2. India (27.9 tons)
  3. South Korea (26.0 tons)

Source: IndexBox Market Intelligence Platform

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