Price for Bromides; of Sodium or of Potassium in Lithuania - 2023

Contents:

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

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

The average import price for bromides; of sodium or of potassia stood at $14,217 per ton in 2022, jumping by 33% against the previous year. Over the period under review, the import price recorded a strong expansion. The growth pace was the most rapid in 2021 an increase of 96%. The import price peaked in 2022 and is expected to retain 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 Italy ($22,912 per ton), while the price for Latvia ($1,814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for bromides; of sodium or of potassia stood at $9,899 per ton in 2022, with a decrease of -3.3% against the previous year. In general, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 56%. The export price peaked at $13,438 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($18,682 per ton), while the average price for exports to Belarus ($5,315 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Lithuania

In 2022, purchases abroad of bromides; of sodium or of potassia was finally on the rise to reach 13 tons after two years of decline. Overall, imports, however, continue to indicate a deep setback.

In value terms, imports of bromides; of sodium or of potassia surged to $183K in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bromides; of Sodium or of Potassium in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.30.62.8165719.3%
Poland27.810.04.18.8-31.8%
LatviaN/AN/AN/A7.90%
France72.565.6N/AN/A-9.5%
Others0.80.20.41.214.5%
Total10176.57.318321.9%

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

  1. Italy (7.2 tons)
  2. Latvia (4.4 tons)
  3. Poland (1.2 tons)

Exports of Bromides; of Sodium or of Potassium in Lithuania

For the third year in a row, Lithuania recorded decline in shipments abroad of bromides; of sodium or of potassia, which decreased by -10.2% to 5.9 tons in 2022. Over the period under review, exports faced a sharp shrinkage.

In value terms, exports of bromides; of sodium or of potassia fell to $59K in 2022. Overall, exports showed a dramatic setback.

Export of Bromides; of Sodium or of Potassium in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.10.956.548.0149.2%
Kazakhstan1.11.0N/A3.851.2%
Poland4.04.75.32.8-11.2%
Belarus2451800.50.4-88.2%
Others24.36.95.33.7-46.6%
Total27719367.658.7-40.4%

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

  1. Russia (4.9 tons)
  2. Kazakhstan (0.6 tons)
  3. Poland (0.1 tons)
  4. Belarus (0.1 tons)

Source: IndexBox Market Intelligence Platform

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