Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam - 2022
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam (CIF) - 2022
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $3,743 per ton in 2022, increasing by 23% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23%. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +23.1% per year.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,105 per ton in 2022, falling by -21.1% against the previous year. In general, the export price, however, enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2018 an increase of 105%. The export price peaked at $3,671 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($4,289 per ton), while the average price for exports to Indonesia totaled $2,028 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+15.3%), 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 Vietnam
In 2022, approx. 487 tons of bromides and bromide oxides; other than item no. 2827.51s were imported into Vietnam; rising by 1,697% against the previous year. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 16,627% against the previous year. As a result, imports reached the peak of 1.3K 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 skyrocketed to $1.8M in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 16,824%. As a result, imports reached the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.8 | 142 | 2.3 | 1,819 | 1215.0% |
| United States | 18.0 | 3,069 | 79.5 | N/A | 110.2% |
| Others | 0.3 | 20.7 | 0.8 | 2.7 | 108.0% |
| Total | 19.1 | 3,231 | 82.6 | 1,822 | 356.9% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Vietnam in 2022:
- China (486.3 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Vietnam
In 2022, approx. 4.8 tons of bromides and bromide oxides; other than item no. 2827.51s were exported from Vietnam; with an increase of 52% on 2021. In general, exports showed perceptible growth. The pace of growth appeared the most rapid in 2020 when exports increased by 79% against the previous year. As a result, the exports attained the peak of 7.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s surged to $10K in 2022. Over the period under review, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 153% against the previous year. As a result, the exports reached the peak of $28K. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 6.7 | 22.1 | 6.7 | 9.5 | 12.3% |
| Malaysia | 3.5 | 2.7 | 1.3 | 0.7 | -41.5% |
| Japan | N/A | 3.0 | N/A | N/A | 0% |
| Others | 0.8 | N/A | 0.5 | N/A | -20.9% |
| Total | 11.0 | 27.7 | 8.5 | 10.2 | -2.5% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Vietnam in 2022:
- Indonesia (4.7 tons)
- Malaysia (0.2 tons)
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