Price for Bromides; of Sodium or of Potassium in the Dominican Republic - 2023

Contents:

1. Price for Bromides; of Sodium or of Potassium in the Dominican Republic (CIF) - 2022
2. Imports of Bromides; of Sodium or of Potassium in the Dominican Republic

Price for Bromides; of Sodium or of Potassium in the Dominican Republic (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $2,204 per ton, dropping by -5.7% against the previous year. In general, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 0.1%. As a result, import price attained the peak level of $3,215 per ton. From 2014 to 2022, 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.6% per year.

Imports of Bromides; of Sodium or of Potassium in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas purchases of bromides; of sodium or of potassia, which increased by 17% to 20 tons in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. 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 rose rapidly to $44K in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Bromides; of Sodium or of Potassium to the Dominican Republic in 2022:

1. United States (20.2 tons)

Source: IndexBox Market Intelligence Platform