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

Contents:

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

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

In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,492 per ton, which is down by -6.8% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum at $3,748 per ton in 2021, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($3,880 per ton), while the price for the Netherlands ($2,898 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for bromides; of sodium or of potassia amounted to $1,965 per ton, increasing by 4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. The export price peaked at $1,995 per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($8,750 per ton), while the average price for exports to Poland ($1,818 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 the Netherlands (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Sweden

After two years of decline, purchases abroad of bromides; of sodium or of potassia increased by 85% to 195 tons in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of bromides; of sodium or of potassia skyrocketed to $681K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Belgium (102.2 tons)
2. Germany (47.3 tons)
3. Netherlands (42.8 tons)

Exports of Bromides; of Sodium or of Potassium in Sweden

In 2022, exports of bromides; of sodium or of potassia from Sweden rose notably to 211 tons, picking up by 7.6% compared with the previous year. The total export volume increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of bromides; of sodium or of potassia stood at $414K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 32%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Slovakia (104.9 tons)
2. Poland (30.0 tons)
3. Czech Republic (28.7 tons)
4. Austria (15.6 tons)
5. Hungary (11.2 tons)
6. Italy (7.5 tons)
7. France (6.3 tons)

Source: IndexBox Market Intelligence Platform