Price for Bromides; of Sodium or of Potassium in Qatar - 2023
Contents:
- Price for Bromides; of Sodium or of Potassium in Qatar (CIF) - 2023
- Imports of Bromides; of Sodium or of Potassium in Qatar
Price for Bromides; of Sodium or of Potassium in Qatar (CIF) - 2023
In October 2023, the average import price for bromides; of sodium or of potassia amounted to $1,485 per ton, falling by -4.7% against the previous month. Overall, the import price recorded a slight descent. The pace of growth appeared the most rapid in February 2023 an increase of 25% m-o-m. As a result, import price attained the peak level of $2,192 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for Djibouti amounted to 0.0% per month.
Imports of Bromides; of Sodium or of Potassium in Qatar
For the fourth year in a row, Qatar recorded growth in overseas purchases of bromides; of sodium or of potassia, which increased by 35% to 5.8K tons in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 846%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of bromides; of sodium or of potassia soared to $9.9M in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 946% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Bromides; of Sodium or of Potassium in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | 4.3 | 2.2 | 9.1 | 45.5% |
| India | 0.3 | N/A | 0.7 | 0.5 | 18.6% |
| China | 0.2 | N/A | 3.9 | 0.2 | 0.0% |
| United States | N/A | 0.8 | 0.1 | N/A | -87.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 5.1 | 6.9 | 9.9 | 170.5% |
Top Suppliers of Bromides; of Sodium or of Potassium to Qatar in 2022:
- Jordan (5.3K tons)
- India (0.3K tons)
- China (0.1K tons)
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