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

Contents:

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

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

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,233 per ton in 2022, surging by 5% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bromides and bromide oxides; other than item no. 2827.51s increased by +76.8% against 2015 indices. The most prominent rate of growth was recorded in 2019 an increase of 38%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,402 per ton), while the price for Iran ($69 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.8%), while the prices for the other major suppliers experienced a decline.

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

For the third consecutive year, Iraq recorded decline in overseas purchases of bromides and bromide oxides; other than item no. 2827.51s, which decreased by -2% to 353 tons in 2022. Overall, imports recorded a precipitous setback.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s stood at $788K in 2022. Over the period under review, imports faced a significant decrease.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,1561,163589613-19.1%
United States502364175173-29.9%
Iran3.72.30.90.8-40.0%
OthersN/AN/AN/A0.20%
Total1,6621,529765788-22.0%

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

  1. United Arab Emirates (255.3 tons)
  2. United States (86.5 tons)
  3. Iran (10.9 tons)

Source: IndexBox Market Intelligence Platform

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