Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany - 2023

Contents:

  1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany (CIF) - 2023
  2. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany (FOB) - 2022
  3. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany
  4. Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany (CIF) - 2023

In November 2023, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $1,778 per ton, surging by 5.6% against the previous month. Over the period under review, the import price, however, continues to indicate a slight slump. The growth pace was the most rapid in February 2023 when the average import price increased by 176% m-o-m. As a result, import price attained the peak level of $4,224 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($5,190 per ton), while the price for the Netherlands amounted to $1,527 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.5%).

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

In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $1,841 per ton, with a decrease of -3.4% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for bromides and bromide oxides; other than item no. 2827.51s increased by +100.1% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 24% against the previous year. As a result, the export price reached the peak level of $1,905 per ton, and then fell modestly in the following year.

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 China ($4,843 per ton), while the average price for exports to the United States ($1,020 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 China (+18.0%), 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 Germany

Imports of bromides and bromide oxides; other than item no. 2827.51s into Germany fell dramatically to 6.5K tons in 2022, reducing by -17.5% against the previous year. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 0.4% against the previous year.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s contracted to $12M in 2022. Overall, imports saw a perceptible curtailment. The growth pace was the most rapid in 2020 with an increase of 4.2% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.210.211.18.1-4.2%
Belgium0.20.50.60.644.2%
Israel1.5N/AN/AN/A0%
Others2.12.91.52.810.1%
Total13.013.613.211.5-4.0%

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

  1. Netherlands (6.2K tons)
  2. Belgium (0.2K tons)

Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany

For the third consecutive year, Germany recorded decline in shipments abroad of bromides and bromide oxides; other than item no. 2827.51s, which decreased by -11.6% to 5.8K tons in 2022. Over the period under review, exports faced a dramatic curtailment.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s contracted to $11M in 2022. In general, exports recorded a deep slump. The smallest decline of -10.3% was in 2020.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.03.33.32.6-4.7%
Belgium1.01.31.51.719.3%
Netherlands1.51.92.31.4-2.3%
Austria1.51.31.71.3-4.7%
Romania1.11.01.31.10.0%
Italy0.20.30.30.858.7%
India1.91.20.20.4-40.5%
China2.32.40.1N/A-79.1%
United States1.30.2N/AN/A-84.6%
Others2.61.61.81.2-22.7%
Total16.314.612.410.6-13.4%

Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Germany in 2022:

  1. France (1219.5 tons)
  2. Netherlands (930.7 tons)
  3. Belgium (812.5 tons)
  4. Austria (809.4 tons)
  5. Romania (687.5 tons)
  6. Italy (547.1 tons)
  7. India (278.3 tons)
  8. United States (24.4 tons)
  9. China (1.5 tons)

Source: IndexBox Market Intelligence Platform

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