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

Contents:

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

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

The average import price for bromides; of sodium or of potassia stood at $7,129 per ton in 2022, surging by 7.4% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 100% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,187 per ton), while the price for Croatia ($4,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for bromides; of sodium or of potassia stood at $4,000 per ton in 2022, waning by -41.7% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 85%. The export price peaked at $8,875 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -2.2% per year.

Imports of Bromides; of Sodium or of Potassium in Serbia

In 2022, the amount of bromides; of sodium or of potassia imported into Serbia contracted slightly to 5.9 tons, shrinking by -1.8% against 2021. Over the period under review, imports saw a sharp decline.

In value terms, imports of bromides; of sodium or of potassia stood at $42K in 2022. In general, imports showed a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 38%.

Import of Bromides; of Sodium or of Potassium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.50.72.217.7228.3%
Israel10.95.68.415.913.4%
Germany0.20.33.52.6135.1%
Croatia2.01.51.62.34.8%
RussiaN/AN/AN/A2.00%
Austria1.61.01.8N/A6.1%
Slovenia11.00.10.1N/A-90.5%
FinlandN/A2.9N/AN/A0%
Netherlands2.92.36.9N/A54.3%
Others14.314.415.31.7-50.8%
Total43.528.939.942.1-1.1%

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

  1. Israel (2500.0 kg)
  2. Italy (2326.0 kg)
  3. Croatia (560.0 kg)
  4. Russia (200.0 kg)
  5. Germany (171.0 kg)

Exports of Bromides; of Sodium or of Potassium in Serbia

In 2022, shipments abroad of bromides; of sodium or of potassia decreased by -14.3% to 6 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 71% against the previous year. As a result, the exports reached the peak of 12 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of bromides; of sodium or of potassia declined dramatically to $24 in 2022. Over the period under review, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 148% against the previous year. As a result, the exports attained the peak of $67. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Bromides; of Sodium or of Potassium in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina3.08.06.024.0100.0%
Montenegro24.059.042.0N/A32.3%
OthersN/AN/AN/AN/A0%
Total27.067.048.024.0-3.9%

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

  1. Bosnia and Herzegovina (6.0 kg)

Source: IndexBox Market Intelligence Platform

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