Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand - 2023
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand (CIF) - 2022
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $5,686 per ton in 2022, dropping by -18.3% against the previous year. In general, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2015 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs at $19,065 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($39,778 per ton), while the price for Russia ($3,192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,270 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 777%. As a result, the export price reached the peak level of $58,146 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -6.6% per year.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand
In 2022, the amount of bromides and bromide oxides; other than item no. 2827.51s imported into New Zealand soared to 411 kg, jumping by 163% compared with 2021 figures. In general, imports enjoyed a significant increase. 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 $2.3K in 2022. Over the period under review, imports enjoyed a significant expansion. 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 New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 932 | 0% |
| India | 8.0 | 30.0 | 18.0 | 670 | 337.5% |
| United States | 96.0 | 85.0 | 55.0 | 358 | 55.1% |
| Germany | 3.0 | 3.0 | 11.0 | 176 | 288.6% |
| China | 811 | 1,510 | 862 | 65.0 | -56.9% |
| Australia | 49.0 | 137 | 84.0 | 45.0 | -2.8% |
| Others | 65.0 | 135 | 56.0 | 91.0 | 11.9% |
| Total | 1,032 | 1,900 | 1,086 | 2,337 | 31.3% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to New Zealand in 2022:
- Russia (292.0 kg)
- India (52.0 kg)
- Germany (20.0 kg)
- China (20.0 kg)
- Australia (14.0 kg)
- United States (9.0 kg)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand
For the fourth consecutive year, New Zealand recorded growth in shipments abroad of bromides and bromide oxides; other than item no. 2827.51s, which increased by 0.5% to 5.2 tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.8% 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 +94.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 93%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s totaled $12K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 +80.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 79%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.7 | 11.7 | 11.6 | 11.7 | 27.1% |
| Others | 0.8 | N/A | 0.2 | 0.2 | -37.0% |
| Total | 6.6 | 11.7 | 11.8 | 11.9 | 21.7% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from New Zealand in 2022:
- Australia (5.2 tons)
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