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

Contents:

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

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

The average import price for bromides; of sodium or of potassia stood at $4,920 per ton in 2022, declining by -16.3% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of 36%. Over the period under review, average import prices reached the peak figure at $10,573 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,148 per ton), while the price for the Czech Republic ($4,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for bromides; of sodium or of potassia amounted to $5,040 per ton, which is down by -21% against the previous year. In general, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 43% against the previous year. The export price peaked at $10,020 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to -2.8% per year.

Imports of Bromides; of Sodium or of Potassium in Romania

In 2022, approx. 21 tons of bromides; of sodium or of potassia were imported into Romania; growing by 52% compared with 2021 figures. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 58%. 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 surged to $104K in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 69% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Bromides; of Sodium or of Potassium in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic34.970.570.078.731.1%
Germany2.510.09.719.799.0%
Austria9.70.71.51.3-48.8%
Others1.40.80.24.041.9%
Total48.582.181.510429.0%

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

  1. Czech Republic (17.6 tons)
  2. Germany (2.8 tons)
  3. Austria (0.2 tons)

Exports of Bromides; of Sodium or of Potassium in Romania

In 2022, approx. 450 kg of bromides; of sodium or of potassia were exported from Romania; shrinking by -22% on the previous year's figure. In general, exports faced a sharp shrinkage. The smallest decline of -1.5% was in 2021.

In value terms, exports of bromides; of sodium or of potassia reduced dramatically to $2.3K in 2022. Overall, exports continue to indicate a sharp slump. The smallest decline of -8.7% was in 2021.

Export of Bromides; of Sodium or of Potassium in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova6.14.03.72.3-27.8%
OthersN/AN/AN/AN/A0%
Total6.14.03.72.3-27.8%

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

  1. Moldova (450.0 kg)

Source: IndexBox Market Intelligence Platform

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