Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia - 2024

Contents:

  1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia (CIF) - 2024
  2. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia (FOB) - 2022
  3. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia
  4. Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia (CIF) - 2024

In January 2024, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $1,917 per ton, waning by -51% against the previous month. In general, the import price saw a abrupt slump. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 258% against the previous month. The import price peaked at $20,485 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was Taiwan (Chinese) ($2,283 per ton), while the price for China totaled $1,806 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Jordan (0.0%), 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 Malaysia (FOB) - 2022

In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $1,738 per ton, surging by 5.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 74% against the previous year. As a result, the export price attained the peak level of $3,300 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($20,522 per ton), while the average price for exports to the United Arab Emirates ($1,625 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 Egypt (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of bromides and bromide oxides; other than item no. 2827.51s into Malaysia surged to 3.7K tons, rising by 219% compared with the previous year's figure. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s skyrocketed to $11M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/A1.40.34.477.3%
IndiaN/AN/AN/A3.50%
Taiwan (Chinese)0.80.81.21.317.6%
China0.50.21.01.026.0%
United StatesN/A3.40.1N/A-97.1%
Brunei Darussalam1.5N/AN/AN/A0%
Others0.20.80.30.314.5%
Total3.06.73.010.551.8%

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

  1. Jordan (2287.0 tons)
  2. India (620.1 tons)
  3. China (504.9 tons)
  4. Taiwan (Chinese) (257.0 tons)
  5. United States (25.1 tons)

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

In 2022, shipments abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by -40% to 1.2K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 39% against the previous year. As a result, the exports reached the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s contracted remarkably to $2.2M in 2022. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $4.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.53.82.21.9-8.7%
Indonesia0.1N/AN/A0.226.0%
Hong Kong SARN/AN/A0.4N/A0%
Vietnam0.50.2N/AN/A-60.0%
Brunei DarussalamN/A0.60.6N/A0.0%
Others0.30.10.1N/A-42.3%
Total3.34.73.42.2-12.6%

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

  1. United Arab Emirates (1190.0 tons)
  2. Indonesia (50.2 tons)
  3. Vietnam (2.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Bromides and bromide oxides; other than item no. 2827.51 - Malaysia