Price for Bromides; of Sodium or of Potassium in Bangladesh - 2022

Contents:

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

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

In 2022, the average import price for bromides; of sodium or of potassia amounted to $6,465 per ton, dropping by -60.1% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 110%. The import price peaked at $19,162 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($241,000 per ton), while the price for the UK ($2,701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Bangladesh

Imports of bromides; of sodium or of potassia into Bangladesh contracted remarkably to 634 kg in 2022, dropping by -67.9% on 2021. Overall, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year.

In value terms, imports of bromides; of sodium or of potassia dropped sharply to $4.1K in 2022. In general, imports saw a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 132%. As a result, imports attained the peak of $32K, and then contracted remarkably in the following year.

Import of Bromides; of Sodium or of Potassium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.62.23.51.5-16.8%
Germany0.30.918.21.154.2%
United Kingdom1.31.11.90.9-11.5%
South Korea0.20.10.50.20.0%
India5.18.03.30.1-73.0%
TurkeyN/AN/A0.7N/A0%
Others4.61.43.80.3-59.7%
Total14.013.831.94.1-33.6%

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

  1. United Kingdom (324.0 kg)
  2. China (243.0 kg)
  3. Germany (45.0 kg)
  4. South Korea (12.0 kg)
  5. India (8.0 kg)

Source: IndexBox Market Intelligence Platform

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