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

Contents:

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

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

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $10,422 per ton in 2022, reducing by -41.2% against the previous year. Overall, the import price recorded a deep slump. The growth pace was the most rapid in 2015 an increase of 246% against the previous year. As a result, import price attained the peak level of $43,576 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 ($95,899 per ton), while the price for the UK stood at $9,134 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.7%).

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

For the fourth year in a row, Ghana recorded growth in supplies from abroad of bromides and bromide oxides; other than item no. 2827.51s, which increased by 71% to 6 tons in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 2,975%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s amounted to $62K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 3,131%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.51.924.853.9230.0%
IndiaN/A0.111.18.5822.0%
MalaysiaN/AN/A6.5N/A0%
SingaporeN/AN/A6.6N/A0%
OthersN/AN/A13.0N/A0%
Total1.51.962.162.4246.5%

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

  1. United Kingdom (5.9 tons)
  2. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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