Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran - 2022
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran (CIF) - 2022
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran (CIF) - 2022
In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $1,854 per ton, shrinking by -37.8% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2019 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $4,218 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($4,996 per ton), while the price for India ($1,537 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran (FOB) - 2022
In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $1,597 per ton, waning by -18.4% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 908% against the previous year. As a result, the export price reached the peak level of $6,905 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to -3.2% per year.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran
In 2022, approx. 418 tons of bromides and bromide oxides; other than item no. 2827.51s were imported into Iran; jumping by 36% on 2021. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 96%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s shrank sharply to $776K in 2022. Overall, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 112%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 517 | 1,018 | 791 | 662 | 8.6% |
| China | 30.2 | 136 | 70.2 | 47.4 | 16.2% |
| Turkey | 2.5 | 8.8 | 0.4 | 35.8 | 142.8% |
| India | 11.7 | 42.1 | 14.8 | 9.4 | -7.0% |
| Others | 22.6 | 31.2 | 36.5 | 21.0 | -2.4% |
| Total | 584 | 1,236 | 913 | 776 | 9.9% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Iran in 2022:
- Japan (375.1 tons)
- Turkey (20.3 tons)
- China (10.5 tons)
- India (6.1 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran
In 2022, exports of bromides and bromide oxides; other than item no. 2827.51s from Iran surged to 21 tons, rising by 23% on the previous year. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 255% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s stood at $34K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 809%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 3.7 | 2.7 | 33.8 | 34.0 | 109.5% |
| Azerbaijan | N/A | 30.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.7 | 33.7 | 33.8 | 34.0 | 109.5% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Iran in 2022:
- Iraq (21.3 tons)
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