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

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Indonesia (CIF) - 2022
  2. Price for Bromides; of Sodium or of Potassium in Indonesia (FOB) - 2022
  3. Imports of Bromides; of Sodium or of Potassium in Indonesia
  4. Exports of Bromides; of Sodium or of Potassium in Indonesia

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

In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,029 per ton, remaining stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 39%. The import price peaked at $3,034 per ton in 2012; afterwards, it flattened through to 2022.

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 Israel ($3,350 per ton), while the price for the Netherlands ($1,980 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bromides; of Sodium or of Potassium in Indonesia (FOB) - 2022

The average export price for bromides; of sodium or of potassia stood at $2,223 per ton in 2022, surging by 3.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +14.8% per year.

Imports of Bromides; of Sodium or of Potassium in Indonesia

In 2022, after two years of decline, there was significant growth in overseas purchases of bromides; of sodium or of potassia, when their volume increased by 16% to 741 tons. In general, imports, however, continue to indicate a abrupt decline.

In value terms, imports of bromides; of sodium or of potassia surged to $2.2M in 2022. Overall, imports, however, saw a relatively flat trend pattern.

Import of Bromides; of Sodium or of Potassium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel5817519631,40734.3%
JordanN/AN/AN/A3750%
China1,235619492288-38.4%
Netherlands80.948.611983.20.9%
India2006.335.870.7-29.3%
United States36.41173.30.2-82.4%
Malaysia67.1118114N/A30.3%
Others62.911619920.5-31.2%
Total2,2631,7761,9262,245-0.3%

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

  1. Israel (420.0 tons)
  2. Jordan (155.6 tons)
  3. China (93.4 tons)
  4. Netherlands (42.0 tons)
  5. India (27.4 tons)
  6. United States (0.1 tons)

Exports of Bromides; of Sodium or of Potassium in Indonesia

In 2022, approx. 164 tons of bromides; of sodium or of potassia were exported from Indonesia; jumping by 59% compared with the previous year. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 142%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of bromides; of sodium or of potassia surged to $364K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 182% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Bromides; of Sodium or of Potassium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates9.6N/AN/A364236.0%
Australia11.9N/AN/AN/A0%
Malaysia40.875.1215N/A129.6%
Others1.83.56.6N/A91.5%
Total64.078.622136478.5%

Top Export Markets for Bromides; of Sodium or of Potassium from Indonesia in 2022:

  1. United Arab Emirates (163.8 tons)

Source: IndexBox Market Intelligence Platform

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