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

Contents:

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

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

In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $2,456 per ton, with a decrease of -23.8% against the previous year. Over the period under review, the import price showed a perceptible downturn. The growth pace was the most rapid in 2016 an increase of 44% against the previous year. Over the period under review, average import prices reached the peak figure at $3,361 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to -0.5% per year.

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

In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $6,912 per ton, growing by 12% against the previous year. In general, the export price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices hit record highs at $7,611 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the United States ($8,807 per ton), while the average price for exports to Colombia ($3,902 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 the United States (+9.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by -66.2% to 22 tons, falling for the second year in a row after two years of growth. In general, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 555%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s dropped dramatically to $53K in 2022. Over the period under review, imports saw a significant decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 438% against the previous year. As a result, imports attained the peak of $3.4M. 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 Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1641,35334.253.5-31.2%
Israel4491,897139N/A-44.4%
Others19.115134.6N/A34.6%
Total6323,40020753.5-56.1%

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

  1. United States (21.8 tons)

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

For the third year in a row, Mexico recorded decline in shipments abroad of bromides and bromide oxides; other than item no. 2827.51s, which decreased by -79.6% to 2.9 tons in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -21% was in 2020.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s plummeted to $20K in 2022. Overall, exports faced a sharp slump. The smallest decline of -19.8% was in 2020.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15213085.012.0-57.1%
IsraelN/AN/AN/A5.10%
Colombia8.86.73.63.0-30.1%
Others11.10.80.20.2-73.8%
Total17213888.720.3-50.9%

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

  1. United States (1364.0 kg)
  2. Israel (798.0 kg)
  3. Colombia (769.0 kg)

Source: IndexBox Market Intelligence Platform

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