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

Contents:

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

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

The average import price for bromides; of sodium or of potassia stood at $1,585 per ton in 2022, which is down by -25.6% against the previous year. Over the period under review, the import price saw a sharp downturn. The most prominent rate of growth was recorded in 2014 an increase of 21% against the previous year. The import price peaked at $22,667 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,750 per ton), while the price for Spain stood at $1,517 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-22.2%).

Imports of Bromides; of Sodium or of Potassium in Libya

In 2022, imports of bromides; of sodium or of potassia into Libya expanded markedly to 41 kg, growing by 7.9% against the previous year. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 9.1%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of bromides; of sodium or of potassia declined rapidly to $65 in 2022. In general, imports, however, faced a drastic downturn.

Import of Bromides; of Sodium or of Potassium in Libya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain65.058.051.044.0-12.2%
Germany61.043.030.021.0-29.9%
OthersN/AN/AN/AN/A0%
Total12610181.065.0-19.8%

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

  1. Spain (29.0 kg)
  2. Germany (12.0 kg)

Source: IndexBox Market Intelligence Platform

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