Price for Bromides; of Sodium or of Potassium in the United Arab Emirates - 2022
Contents:
- Price for Bromides; of Sodium or of Potassium in the United Arab Emirates (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in the United Arab Emirates (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in the United Arab Emirates
- Exports of Bromides; of Sodium or of Potassium in the United Arab Emirates
Price for Bromides; of Sodium or of Potassium in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $1,935 per ton, rising by 37% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bromides; of sodium or of potassia increased by +41.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 42%. As a result, import price reached the peak level of $2,316 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($2,431 per ton) and Malaysia ($2,278 per ton), while the price for India ($1,747 per ton) and Jordan ($1,888 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+71.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for bromides; of sodium or of potassia amounted to $2,587 per ton, growing by 78% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($5,210 per ton), while the average price for exports to Qatar ($1,768 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 Qatar (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Bromides; of Sodium or of Potassium in the United Arab Emirates
In 2022, imports of bromides; of sodium or of potassia into the United Arab Emirates soared to 33K tons, jumping by 308% against the previous year. Overall, imports saw a significant expansion. 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 soared to $64M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Bromides; of Sodium or of Potassium in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | N/A | N/A | N/A | 33.5 | 0% |
Israel | N/A | N/A | N/A | 11.6 | 0% |
India | 6.9 | 4.8 | 7.6 | 9.1 | 9.7% |
Lao People's Democratic Republic | N/A | N/A | 1.2 | 3.9 | 225.0% |
China | 4.8 | 1.2 | 0.4 | 2.2 | -22.9% |
Malaysia | N/A | N/A | N/A | 2.1 | 0% |
Others | 1.2 | 0.1 | 2.3 | 2.0 | 18.6% |
Total | 12.9 | 6.2 | 11.6 | 64.4 | 70.9% |
Top Suppliers of Bromides; of Sodium or of Potassium to the United Arab Emirates in 2022:
- Jordan (17.7K tons)
- Israel (5.8K tons)
- India (5.2K tons)
- Lao People's Democratic Republic (1.8K tons)
- Malaysia (0.9K tons)
- China (0.9K tons)
Exports of Bromides; of Sodium or of Potassium in the United Arab Emirates
In 2022, overseas shipments of bromides; of sodium or of potassia decreased by -29.8% to 399 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,175%. As a result, the exports attained the peak of 2.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of bromides; of sodium or of potassia surged to $1M in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,591% against the previous year. As a result, the exports attained the peak of $4.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Bromides; of Sodium or of Potassium in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | N/A | N/A | N/A | 516 | 0% |
Singapore | N/A | N/A | N/A | 420 | 0% |
Iran | N/A | N/A | 11.8 | 75.5 | 539.8% |
Angola | N/A | 158 | N/A | N/A | 0% |
China | 85.5 | N/A | N/A | N/A | 0% |
Malaysia | N/A | N/A | 260 | N/A | 0% |
Oman | 1.6 | 4,723 | 3.1 | N/A | 39.2% |
Australia | 91.5 | N/A | N/A | N/A | 0% |
Others | 3.1 | 8.9 | 552 | 21.2 | 89.8% |
Total | 182 | 4,890 | 827 | 1,033 | 78.4% |
Top Export Markets for Bromides; of Sodium or of Potassium from the United Arab Emirates in 2022:
- Qatar (291.9 tons)
- Singapore (80.6 tons)
- Iran (20.3 tons)
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