Price for Bromides; of Sodium or of Potassium in Azerbaijan - 2023

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Azerbaijan (CIF) - 2022
  2. Imports of Bromides; of Sodium or of Potassium in Azerbaijan

Price for Bromides; of Sodium or of Potassium in Azerbaijan (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $4,479 per ton, growing by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2019 an increase of 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($35,240 per ton), while the price for France ($4,476 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Azerbaijan

In 2022, the amount of bromides; of sodium or of potassia imported into Azerbaijan declined sharply to 419 tons, waning by -61.9% against the year before. In general, imports continue to indicate a dramatic descent. The smallest decline of -33.7% was in 2020.

In value terms, imports of bromides; of sodium or of potassia contracted significantly to $1.9M in 2022. Over the period under review, imports showed a sharp curtailment. The smallest decline of -30.6% was in 2020.

Import of Bromides; of Sodium or of Potassium in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.810.11.91.9-20.6%
China9.24.1N/AN/A-55.4%
India6.74.22.3N/A-41.4%
Israel6.9N/AN/AN/A0%
Others0.20.2N/AN/A0.0%
Total26.818.64.21.9-58.6%

Top Suppliers of Bromides; of Sodium or of Potassium to Azerbaijan in 2022:

  1. France (419.0 tons)

Source: IndexBox Market Intelligence Platform

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