Price for Bromides; of Sodium or of Potassium in Ethiopia - 2022
Contents:
- Price for Bromides; of Sodium or of Potassium in Ethiopia (FOB) - 2022
- Price for Bromides; of Sodium or of Potassium in Ethiopia (CIF) - 2022
- Exports of Bromides; of Sodium or of Potassium in Ethiopia
- Imports of Bromides; of Sodium or of Potassium in Ethiopia
Price for Bromides; of Sodium or of Potassium in Ethiopia (FOB) - 2022
In 2022, the average export price for bromides; of sodium or of potassia amounted to $2,421 per ton, dropping by -25.7% against the previous year. Overall, the export price faced a precipitous slump. Over the period under review, the average export prices hit record highs at $3,258 per ton in 2021, and then fell sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2021 to 2022, the rate of growth in terms of prices for China amounted to -25.7% per year.
Price for Bromides; of Sodium or of Potassium in Ethiopia (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,882 per ton, standing approx. at the previous year. Over the period under review, the import price showed a abrupt descent. The growth pace was the most rapid in 2014 an increase of 39% against the previous year. As a result, import price reached the peak level of $15,159 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,662 per ton), while the price for Germany amounted to $3,686 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced a decline.
Exports of Bromides; of Sodium or of Potassium in Ethiopia
In 2022, exports of bromides; of sodium or of potassia from Ethiopia surged to 3.2K tons, increasing by 366% on the previous year's figure. Over the period under review, exports posted 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; of sodium or of potassia skyrocketed to $7.7M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bromides; of Sodium or of Potassium in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| China | 2.2 | 7.7 | 250.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2.2 | 7.7 | 250.0% | ||
Top Export Markets for Bromides; of Sodium or of Potassium from Ethiopia in 2022:
- China (3.2K tons)
Imports of Bromides; of Sodium or of Potassium in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in purchases abroad of bromides; of sodium or of potassia, which increased by 99% to 8.4 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 8,015% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of bromides; of sodium or of potassia surged to $33K in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 4,448%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Bromides; of Sodium or of Potassium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 0.3 | 9.1 | 24.7 | 398.0% |
| Netherlands | N/A | N/A | 6.5 | 7.8 | 20.0% |
| Others | 0.1 | 0.1 | 0.9 | N/A | 200.0% |
| Total | 0.2 | 0.4 | 16.5 | 32.6 | 446.3% |
Top Suppliers of Bromides; of Sodium or of Potassium to Ethiopia in 2022:
- Germany (6.7 tons)
- Netherlands (1.7 tons)
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