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

Contents:

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

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

In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $3,128 per ton, surging by 18% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 39%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Free Zones ($3,549 per ton), while the average price for exports to the United States amounted to $971 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $9,835 per ton, falling by -6.9% against the previous year. Overall, the import price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 58%. The import price peaked at $17,900 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($53,571 per ton), while the price for Switzerland ($4,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.6%), 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 Jordan

In 2022, overseas shipments of bromides and bromide oxides; other than item no. 2827.51s were finally on the rise to reach 118K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a perceptible contraction.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s surged to $370M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.5% 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 +93.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones16220925136431.0%
United States3.51.45.75.012.6%
United Arab Emirates13.711.513.8N/A0.4%
Saudi Arabia7.93.67.0N/A-5.9%
Others4.711.911.01.7-28.8%
Total19223728937024.4%

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

  1. Free Zones (102.5K tons)
  2. United States (5.2K tons)

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

In 2022, overseas purchases of bromides and bromide oxides; other than item no. 2827.51s decreased by -92.9% to 164 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 580%. As a result, imports attained the peak of 2.3 tons, and then shrank significantly in the following year.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s declined dramatically to $1.6K in 2022. Over the period under review, imports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 426%. As a result, imports attained the peak of $24K, and then fell significantly in the following year.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.83.515.11.1-26.8%
India0.30.36.40.410.1%
China0.50.51.70.1-41.5%
SwitzerlandN/AN/A0.2N/A0%
Others0.30.31.10.1-30.7%
Total3.94.724.51.6-25.7%

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

  1. United States (146.0 kg)
  2. India (7.0 kg)
  3. China (4.0 kg)
  4. Switzerland (3.0 kg)

Source: IndexBox Market Intelligence Platform

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