Price for Bromides; of Sodium or of Potassium in Finland - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in Finland (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in Finland (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Finland
- Exports of Bromides; of Sodium or of Potassium in Finland
Price for Bromides; of Sodium or of Potassium in Finland (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $8,867 per ton, picking up by 170% against the previous year. Over the period under review, the import price enjoyed a tangible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Sweden ($16,320 per ton), while the price for Germany ($8,433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+50.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in Finland (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $1,976 per ton in 2020, with a decrease of -47.5% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 116% against the previous year. The export price peaked at $3,760 per ton in 2019, and then dropped significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2020, the rate of growth in terms of prices for Germany amounted to +19.1% per year.
Imports of Bromides; of Sodium or of Potassium in Finland
Imports of bromides; of sodium or of potassia into Finland contracted markedly to 2.7 tons in 2022, with a decrease of -80.3% compared with 2021. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 318% against the previous year. As a result, imports reached the peak of 14 tons, and then fell markedly in the following year.
In value terms, imports of bromides; of sodium or of potassia dropped significantly to $24K in 2022. Overall, imports, however, showed a pronounced increase. The pace of growth appeared the most rapid in 2021 when imports increased by 159%. As a result, imports attained the peak of $44K, and then declined dramatically in the following year.
| Import of Bromides; of Sodium or of Potassium in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.7 | 9.0 | 21.2 | 21.1 | 46.6% |
| Sweden | 3.1 | 4.7 | 2.1 | 2.0 | -13.6% |
| Belgium | 1.1 | 0.4 | 0.5 | 0.5 | -23.1% |
| India | N/A | 0.7 | 18.0 | N/A | 2471.4% |
| Netherlands | 9.1 | 2.2 | 2.6 | N/A | -46.5% |
| Others | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Total | 20.7 | 17.1 | 44.4 | 23.6 | 4.5% |
Top Suppliers of Bromides; of Sodium or of Potassium to Finland in 2022:
- Germany (2498.0 kg)
- Sweden (122.0 kg)
- Belgium (42.0 kg)
Exports of Bromides; of Sodium or of Potassium in Finland
In 2020, exports of bromides; of sodium or of potassia from Finland skyrocketed to 660 kg, jumping by 780% against 2019. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of bromides; of sodium or of potassia surged to $1.3K in 2020. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bromides; of Sodium or of Potassium in Finland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Germany | N/A | 1,304 | 0% | ||
| Poland | 282 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 282 | 1,304 | 362.4% | ||
Top Export Markets for Bromides; of Sodium or of Potassium from Finland in 2022:
- Germany (660.0 kg)
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