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

Contents:

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

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

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $5,865 per ton in 2022, rising by 32% against the previous year. Overall, the import price, however, continues to indicate a deep setback. Over the period under review, average import prices reached the peak figure at $12,316 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,939 per ton), while the price for Jordan totaled $5,624 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+1.3%), 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 Pakistan (FOB) - 2022

The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $370 per ton in 2022, falling by -83.5% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 72%. The export price peaked at $2,447 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -1.8% per year.

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

In 2022, imports of bromides and bromide oxides; other than item no. 2827.51s into Pakistan soared to 183 tons, rising by 151% compared with the year before. In general, imports recorded a significant 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 $1.1M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained 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 Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan11755.711183992.8%
China42.29.136.723376.7%
United Arab Emirates42.116.643.9N/A2.1%
Singapore10652.7109N/A1.4%
Others20.98.621.80.7-67.8%
Total3281433221,07248.4%

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

  1. Jordan (149.2 tons)
  2. China (33.5 tons)

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

For the third year in a row, Pakistan recorded decline in overseas shipments of bromides and bromide oxides; other than item no. 2827.51s, which decreased by -55.3% to 12 tons in 2022. In general, exports faced a dramatic downturn.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s fell remarkably to $4.4K in 2022. Overall, exports showed a significant decrease. The smallest decline of -48.1% was in 2021.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A0.7N/A4.4150.7%
United Arab Emirates26411359.2N/A-52.6%
OthersN/AN/AN/AN/A0%
Total26411459.24.4-74.5%

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

  1. China (11.8 tons)

Source: IndexBox Market Intelligence Platform

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