Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States - 2023
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States (CIF) - 2023
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States (CIF) - 2023
In December 2023, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $4,542 per ton, growing by 192% against the previous month. Over the period under review, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 238% m-o-m. As a result, import price attained the peak level of $5,292 per ton. From July 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($20,013 per ton), while the price for Israel stood at $3,558 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Israel (+8.7%), 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 the United States (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,299 per ton in 2022, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2020 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($23,932 per ton), while the average price for exports to Singapore ($1,324 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 Belgium (+27.8%), 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 the United States
Imports of bromides and bromide oxides; other than item no. 2827.51s into the United States reduced to 36K tons in 2022, falling by -11.1% compared with the year before. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 20%.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s contracted to $57M in 2022. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 23%.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 58.6 | 33.9 | 36.7 | 45.4 | -8.2% |
| Jordan | 14.2 | 10.5 | 24.9 | 8.5 | -15.7% |
| Belgium | N/A | 4.3 | N/A | N/A | 0% |
| Others | 2.6 | 3.0 | 2.2 | 2.6 | 0.0% |
| Total | 75.5 | 51.8 | 63.7 | 56.5 | -9.2% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to the United States in 2022:
- Israel (30.2K tons)
- Jordan (6.0K tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States
In 2022, shipments abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by -45.8% to 12K tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 31K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s contracted notably to $28M in 2022. Over the period under review, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 66%. As a result, the exports reached the peak of $62M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 6.0 | 16.8 | 9.4 | 9.1 | 14.9% |
| Brazil | 3.3 | 0.4 | 0.2 | 4.7 | 12.5% |
| United Arab Emirates | 5.8 | 12.5 | 16.5 | 4.4 | -8.8% |
| Canada | 7.0 | 2.5 | 1.3 | 1.8 | -36.4% |
| Tunisia | N/A | N/A | N/A | 1.0 | 0% |
| Norway | 1.8 | 2.8 | N/A | 1.0 | -17.8% |
| Singapore | 0.9 | 5.0 | 0.4 | 0.8 | -3.9% |
| United Kingdom | 1.1 | 1.8 | 2.2 | 0.5 | -23.1% |
| Trinidad and Tobago | 5.1 | 1.6 | 4.2 | N/A | -9.3% |
| Others | 6.4 | 18.6 | 10.6 | 5.1 | -7.3% |
| Total | 37.3 | 62.1 | 44.7 | 28.3 | -8.8% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from the United States in 2022:
- Saudi Arabia (4.2K tons)
- Brazil (2.5K tons)
- United Arab Emirates (2.3K tons)
- Canada (0.8K tons)
- Singapore (0.6K tons)
- Tunisia (0.4K tons)
- Norway (0.4K tons)
- United Kingdom (0.2K tons)
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