Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United Arab Emirates - 2022

Contents:

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

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United Arab Emirates (CIF) - 2022

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $1,908 per ton in 2022, picking up by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2019 when the average import price increased by 24% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($2,379 per ton) and Russia ($2,310 per ton), while the price for the United States ($1,768 per ton) and the UK ($1,779 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+29.2%), 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 the United Arab Emirates (FOB) - 2022

The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $1,049 per ton in 2022, reducing by -50.5% against the previous year. In general, the export price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2020 an increase of 71%. As a result, the export price reached the peak level of $3,913 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($2,520 per ton), while the average price for exports to Kuwait ($285 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 Pakistan (+26.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in overseas purchases of bromides and bromide oxides; other than item no. 2827.51s, which increased by 15% to 18K tons in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 35%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s surged to $34M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/A3.220.3534.4%
United States5.812.516.57.27.5%
Malaysia2.63.42.33.813.5%
RussiaN/AN/A0.31.0233.3%
JordanN/AN/AN/A0.90%
United KingdomN/AN/A0.10.5400.0%
India4.43.41.1N/A-50.0%
Others2.31.15.10.4-44.2%
Total15.120.328.634.231.3%

Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to the United Arab Emirates in 2022:

  1. Israel (10.4K tons)
  2. United States (4.1K tons)
  3. Malaysia (2.1K tons)
  4. Jordan (0.5K tons)
  5. Russia (0.4K tons)
  6. United Kingdom (0.3K tons)

Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United Arab Emirates

In 2022, overseas shipments of bromides and bromide oxides; other than item no. 2827.51s were finally on the rise to reach 1.1K tons after two years of decline. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s soared to $1.1M in 2022. In general, exports recorded significant growth. 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 the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.5298N/A430456.1%
SingaporeN/AN/AN/A3940%
KuwaitN/AN/AN/A1840%
Oman25630.629.60.4-88.4%
Iran40.437.853.8N/A15.4%
Others1.1N/A0.3100349.6%
Total30036783.61,10954.6%

Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from the United Arab Emirates in 2022:

  1. Kuwait (645.0 tons)
  2. India (248.7 tons)
  3. Singapore (156.4 tons)
  4. Oman (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Bromides and bromide oxides; other than item no. 2827.51 - United Arab Emirates