Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia - 2022

Contents:

  1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia (CIF) - 2022
  2. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia (FOB) - 2022
  3. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia
  4. Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia (CIF) - 2022

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $8,442 per ton in 2022, increasing by 100% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. Over the period under review, average import prices attained the maximum at $18,873 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,369 per ton), while the price for Israel ($4,556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia (FOB) - 2022

The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $4,874 per ton in 2022, with a decrease of -36.7% against the previous year. Overall, the export price showed a slight curtailment. The most prominent rate of growth was recorded in 2020 an increase of 73%. Over the period under review, the average export prices hit record highs at $7,694 per ton in 2021, and then shrank significantly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($4,889 per ton), while the average price for exports to Peru amounted to $4,320 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+72.8%).

Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia

In 2022, after three years of growth, there was significant decline in supplies from abroad of bromides and bromide oxides; other than item no. 2827.51s, when their volume decreased by -43% to 33 tons. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 343%. As a result, imports reached the peak of 59 tons, and then reduced dramatically in the following year.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s amounted to $283K in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 171%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel15.515.470.082.074.2%
United States17.620.372.466.055.4%
China6.025.712.541.089.8%
Mexico3.53.33.5N/A0.0%
BrazilN/A11.058.9N/A435.5%
Others53.715.830.693.620.3%
Total96.391.424828343.2%

Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Colombia in 2022:

  1. Israel (18.0 tons)
  2. United States (9.7 tons)
  3. China (4.9 tons)

Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia

In 2022, after two years of decline, there was significant growth in overseas shipments of bromides and bromide oxides; other than item no. 2827.51s, when their volume increased by 23,858% to 8.6 tons. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s soared to $42K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and TobagoN/AN/AN/A41.10%
PeruN/AN/AN/A1.00%
Costa Rica2.21.10.3N/A-63.1%
OthersN/AN/AN/AN/A0%
Total2.21.10.342.0167.3%

Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Colombia in 2022:

  1. Trinidad and Tobago (8.4 tons)
  2. Peru (0.2 tons)

Source: IndexBox Market Intelligence Platform

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