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

Contents:

  1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Sri Lanka (CIF) - 2022
  2. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Sri Lanka

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

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $19,804 per ton in 2022, growing by 17% against the previous year. Overall, the import price enjoyed a measured increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 188% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +84.4% per year.

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

In 2022, supplies from abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by -5.5% to 2.3 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 299%. As a result, imports reached the peak of 2.9 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s expanded rapidly to $45K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 279% against the previous year. As a result, imports attained the peak of $48K. 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.542.835.345.274.5%
China1.21.61.5N/A11.8%
United Kingdom2.02.52.8N/A18.3%
Others1.01.01.0N/A0.0%
Total12.747.940.745.252.7%

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

  1. India (2.3 tons)

Source: IndexBox Market Intelligence Platform

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