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

Contents:

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

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

The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,722 per ton in 2022, increasing by 12% against the previous year. Overall, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 59%. Over the period under review, the average export prices reached the maximum at $7,097 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($4,762 per ton), while the average price for exports to Iran ($2,143 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 Georgia (+18.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $3,166 per ton, growing by 11% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 63%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($60,309 per ton), while the price for Angola ($1,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+60.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of bromides and bromide oxides; other than item no. 2827.51s from India surged to 12K tons, increasing by 59% against the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s surged to $34M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia24.714.014.423.4-1.8%
SingaporeN/AN/AN/A2.00%
United Arab Emirates3.74.51.11.5-26.0%
Nigeria0.12.70.31.5146.6%
ChinaN/AN/AN/A1.20%
Qatar0.60.10.5N/A-8.7%
Others5.02.22.64.5-3.5%
Total34.123.519.034.0-0.1%

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

  1. Saudi Arabia (10.0K tons)
  2. United Arab Emirates (0.6K tons)
  3. Nigeria (0.6K tons)
  4. Singapore (0.4K tons)
  5. China (0.4K tons)

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

In 2022, purchases abroad of bromides and bromide oxides; other than item no. 2827.51s was finally on the rise to reach 2.8K tons after two years of decline. In general, imports showed a resilient expansion. As a result, imports reached 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 surged to $9M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2,1738585393,52017.4%
Japan1.50.15651,320858.3%
Israel14872.3N/A91683.6%
JordanN/AN/A48075056.3%
United States32544014255519.5%
United Arab EmiratesN/A489N/A486-0.3%
AngolaN/AN/AN/A4120%
Germany46995.1160378-6.9%
Belgium8331,65931795.6-51.4%
Others75.723.255656395.2%
Total4,0253,6362,7598,99730.8%

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

  1. South Korea (777.4 tons)
  2. Israel (442.0 tons)
  3. Angola (386.3 tons)
  4. Jordan (344.4 tons)
  5. United Arab Emirates (265.0 tons)
  6. Japan (180.0 tons)
  7. United States (135.9 tons)
  8. Belgium (38.4 tons)
  9. Germany (6.3 tons)

Source: IndexBox Market Intelligence Platform

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