Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Spain - 2023

Contents:

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

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

The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $1,635 per ton in 2022, waning by -18% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 83%. Over the period under review, average import prices hit record highs at $1,994 per ton in 2021, and then declined remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.7% per year.

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

In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $2,288 per ton, jumping by 27% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. 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 Portugal ($1,742 per ton), while the average price for exports to France totaled $1,124 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+2.1%).

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

In 2022, the amount of bromides and bromide oxides; other than item no. 2827.51s imported into Spain surged to 1.2K tons, with an increase of 28% against 2021. In general, imports, however, showed a abrupt setback.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s stood at $2M in 2022. Overall, imports, however, faced a abrupt contraction.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2,6132,4101,4041,752-12.5%
Germany25023591.360.5-37.7%
FinlandN/A140N/AN/A0%
Others15234943320811.0%
Total3,0153,1331,9292,020-12.5%

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

  1. Netherlands (1185.8 tons)
  2. Germany (14.8 tons)

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

In 2022, approx. 144 tons of bromides and bromide oxides; other than item no. 2827.51s were exported from Spain; with a decrease of -67% on the year before. In general, exports continue to indicate a sharp reduction. The smallest decline of -20.1% was in 2020.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s contracted dramatically to $330K in 2022. Over the period under review, exports faced a sharp setback. The smallest decline of -13.9% was in 2020.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1,5081,618637188-50.0%
France16716883.436.8-39.6%
Others45043.964.3105-38.4%
Total2,1261,830785330-46.3%

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

  1. Portugal (108.0 tons)
  2. France (32.8 tons)

Source: IndexBox Market Intelligence Platform

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