Price for Bromides; of Sodium or of Potassium in New Zealand - 2024
Contents:
- Price for Bromides; of Sodium or of Potassium in New Zealand (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in New Zealand (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in New Zealand
- Exports of Bromides; of Sodium or of Potassium in New Zealand
Price for Bromides; of Sodium or of Potassium in New Zealand (CIF) - 2022
The average import price for bromides; of sodium or of potassia stood at $3,233 per ton in 2022, picking up by 5.8% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bromides; of sodium or of potassia decreased by -8.5% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $3,533 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($5,351 per ton), while the price for China ($2,920 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Bromides; of Sodium or of Potassium in New Zealand (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $3,766 per ton in 2022, picking up by 28% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 38% against the previous year. As a result, the export price reached the peak level of $5,807 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($32,750 per ton), while the average price for exports to Samoa ($1,222 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 Australia (+24.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Bromides; of Sodium or of Potassium in New Zealand
In 2022, imports of bromides; of sodium or of potassia into New Zealand dropped remarkably to 40 tons, waning by -36.7% compared with 2021. Over the period under review, imports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 48%.
In value terms, imports of bromides; of sodium or of potassia contracted rapidly to $128K in 2022. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.
| Import of Bromides; of Sodium or of Potassium in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 88.5 | 66.1 | 119 | 93.5 | 1.8% |
| Australia | 58.6 | 17.9 | 41.5 | 32.9 | -17.5% |
| United States | 49.9 | 38.3 | 18.1 | 0.3 | -81.8% |
| Israel | 10.1 | 8.6 | 7.1 | 0.2 | -72.9% |
| Others | 12.2 | 9.5 | 5.5 | 1.2 | -53.8% |
| Total | 219 | 140 | 191 | 128 | -16.4% |
Top Suppliers of Bromides; of Sodium or of Potassium to New Zealand in 2022:
- China (32.0 tons)
- Australia (7.4 tons)
- United States (0.1 tons)
Exports of Bromides; of Sodium or of Potassium in New Zealand
In 2022, the amount of bromides; of sodium or of potassia exported from New Zealand fell significantly to 111 kg, with a decrease of -21.3% compared with the previous year's figure. In general, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 683% against the previous year. As a result, the exports reached the peak of 141 kg, and then reduced rapidly in the following year.
In value terms, exports of bromides; of sodium or of potassia totaled $418 in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 401%.
| Export of Bromides; of Sodium or of Potassium in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 211 | 10.0 | 46.0 | 154 | -10.0% |
| Australia | 109 | 34.0 | 36.0 | 131 | 6.3% |
| Samoa | 106 | 20.0 | 9.0 | 66.0 | -14.6% |
| Papua New Guinea | N/A | N/A | 310 | N/A | 0% |
| Others | 85.0 | 19.0 | 15.0 | 67.0 | -7.6% |
| Total | 511 | 83.0 | 416 | 418 | -6.5% |
Top Export Markets for Bromides; of Sodium or of Potassium from New Zealand in 2022:
- Samoa (54.0 kg)
- Fiji (51.0 kg)
- Australia (4.0 kg)
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