Price for Bromides; of Sodium or of Potassium in the Czech Republic - 2023

Contents:

  1. Price for Bromides; of Sodium or of Potassium in the Czech Republic (CIF) - 2022
  2. Price for Bromides; of Sodium or of Potassium in the Czech Republic (FOB) - 2022
  3. Imports of Bromides; of Sodium or of Potassium in the Czech Republic
  4. Exports of Bromides; of Sodium or of Potassium in the Czech Republic

Price for Bromides; of Sodium or of Potassium in the Czech Republic (CIF) - 2022

The average import price for bromides; of sodium or of potassia stood at $4,379 per ton in 2022, growing by 16% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +84.1% against 2016 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 26%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($10,781 per ton), while the price for the UK ($2,108 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bromides; of Sodium or of Potassium in the Czech Republic (FOB) - 2022

In 2022, the average export price for bromides; of sodium or of potassia amounted to $4,837 per ton, reducing by -10.7% against the previous year. Overall, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2018 when the average export price increased by 25% against the previous year. The export price peaked at $10,968 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($7,969 per ton), while the average price for exports to Italy ($4,359 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 Ireland (+76.7%), while the prices for the other major destinations experienced a decline.

Imports of Bromides; of Sodium or of Potassium in the Czech Republic

Imports of bromides; of sodium or of potassia into the Czech Republic soared to 112 tons in 2022, rising by 17% on 2021. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of bromides; of sodium or of potassia skyrocketed to $489K in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 170% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Bromides; of Sodium or of Potassium in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.162.0156219178.9%
Netherlands92.421.848.012811.5%
SwedenN/AN/A94.377.8-17.5%
Austria70.032.1N/A28.7-25.7%
Poland3.714.456.620.777.5%
United Kingdom2.1N/A0.512.681.7%
Belgium10.50.60.30.7-59.5%
Others10.22.53.40.4-66.0%
Total19913335948934.9%

Top Suppliers of Bromides; of Sodium or of Potassium to the Czech Republic in 2022:

  1. Germany (47.4 tons)
  2. Netherlands (29.9 tons)
  3. Sweden (22.2 tons)
  4. United Kingdom (6.0 tons)
  5. Poland (3.4 tons)
  6. Austria (2.7 tons)

Exports of Bromides; of Sodium or of Potassium in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in shipments abroad of bromides; of sodium or of potassia, which increased by 155% to 51 tons in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of bromides; of sodium or of potassia surged to $245K in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bromides; of Sodium or of Potassium in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.83.018.2152169.1%
Romania33.354.774.464.524.7%
IrelandN/AN/A7.417.4135.1%
Slovakia12.26.26.39.8-7.0%
Others1.50.71.11.62.2%
Total54.764.510724564.8%

Top Export Markets for Bromides; of Sodium or of Potassium from the Czech Republic in 2022:

  1. Italy (34.8 tons)
  2. Romania (11.5 tons)
  3. Ireland (2.8 tons)
  4. Slovakia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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