Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore - 2023
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore (CIF) - 2022
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,438 per ton in 2022, picking up by 50% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.8% 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 +36.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($37,020 per ton), while the price for the United States ($1,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,661 per ton in 2022, surging by 50% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for bromides and bromide oxides; other than item no. 2827.51s increased by +39.0% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($4,778 per ton), while the average price for exports to India ($1,581 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 Australia (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore
In 2022, imports of bromides and bromide oxides; other than item no. 2827.51s into Singapore surged to 4.1K tons, rising by 128% against the previous year. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,162%. As a result, imports attained the peak of 6.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s skyrocketed to $10M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,037%. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 0.6 | 5.6 | 2.3 | 5.6 | 110.5% |
| India | N/A | N/A | N/A | 3.5 | 0% |
| United States | 0.1 | 4.9 | 0.5 | 0.5 | 71.0% |
| China | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 1.0 | 11.0 | 2.9 | 10.1 | 116.2% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Singapore in 2022:
- Jordan (3496.9 tons)
- United States (426.5 tons)
- China (102.5 tons)
- India (94.9 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Singapore
In 2022, approx. 3K tons of bromides and bromide oxides; other than item no. 2827.51s were exported from Singapore; with an increase of 151% against 2021 figures. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 171% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s surged to $8M in 2022. In general, exports showed a significant increase. 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 Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.3 | 2.1 | 0.1 | 6.4 | 70.1% |
| Pakistan | N/A | N/A | N/A | 0.9 | 0% |
| India | N/A | 1.0 | 1.1 | 0.4 | -36.8% |
| Brunei Darussalam | N/A | N/A | 0.9 | N/A | 0% |
| Others | N/A | 0.2 | 0.1 | 0.3 | 22.5% |
| Total | 1.3 | 3.2 | 2.1 | 8.0 | 83.3% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Singapore in 2022:
- Malaysia (2262.4 tons)
- Pakistan (408.0 tons)
- India (231.4 tons)
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