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

Contents:

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

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

In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $2,006 per ton, rising by 26% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 33% against the previous year. The import price peaked at $2,350 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,448 per ton), while the price for the Netherlands ($1,572 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+0.9%), 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 Italy (FOB) - 2022

In 2022, the average export price for bromides and bromide oxides; other than item no. 2827.51s amounted to $2,788 per ton, dropping by -8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $3,457 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($4,365 per ton), while the average price for exports to Turkey ($2,501 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 Turkey (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of bromides and bromide oxides; other than item no. 2827.51s into Italy soared to 2.7K tons in 2022, rising by 30% against 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Imports peaked 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 surged to $5.4M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.1% against 2019 indices. 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 Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,1462,8882,3522,47929.3%
Israel1,55644.216.3934-15.6%
Germany13327141283584.5%
Belgium10314817331945.8%
Others27561232280342.9%
Total3,2143,9633,2755,37018.7%

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

  1. Netherlands (1576.9 tons)
  2. Germany (515.5 tons)
  3. Israel (426.5 tons)
  4. Belgium (92.6 tons)

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

In 2022, exports of bromides and bromide oxides; other than item no. 2827.51s from Italy contracted markedly to 200 tons, dropping by -19.5% against 2021 figures. In general, exports continue to indicate a abrupt setback. The smallest decline of -13.7% was in 2020.

In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s contracted notably to $556K in 2022. Overall, exports continue to indicate a sharp decrease. The smallest decline of -17.3% was in 2021.

Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey21522223938921.9%
Greece59.792.410083.812.0%
Germany87.214513167.9-8.0%
United Kingdom496N/AN/A6.2-76.8%
CroatiaN/A52.4N/AN/A0%
Switzerland273299N/AN/A9.5%
Slovenia66.547.737.7N/A-24.7%
France19.37.70.1N/A-92.8%
Others47.549.52489.8-40.9%
Total1,263915757556-23.9%

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

  1. Turkey (155.4 tons)
  2. Germany (24.0 tons)
  3. Greece (19.2 tons)
  4. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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