Price for Bromides; of Sodium or of Potassium in Denmark - 2023

Contents:

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

Price for Bromides; of Sodium or of Potassium in Denmark (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $13,204 per ton, growing by 4.8% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 140%. Over the period under review, average import prices attained the maximum 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 the UK ($47,333 per ton), while the price for the Netherlands ($7,837 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bromides; of Sodium or of Potassium in Denmark (FOB) - 2022

In 2022, the average export price for bromides; of sodium or of potassia amounted to $12,288 per ton, declining by -34% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices hit record highs at $18,779 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($13,617 per ton), while the average price for exports to Sweden amounted to $11,979 per ton.

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

Imports of Bromides; of Sodium or of Potassium in Denmark

Imports of bromides; of sodium or of potassia into Denmark soared to 8.9 tons in 2022, rising by 272% on 2021 figures. Overall, 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; of sodium or of potassia surged to $117K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Bromides; of Sodium or of Potassium to Denmark in 2022:

1. Netherlands (5.6 tons)
2. Sweden (1.6 tons)
3. Belgium (1.2 tons)
4. Germany (0.4 tons)
5. Italy (0.2 tons)

Exports of Bromides; of Sodium or of Potassium in Denmark

For the fourth year in a row, Denmark recorded growth in shipments abroad of bromides; of sodium or of potassia, which increased by 151% to 5.6 tons in 2022. Over the period under review, exports posted 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 skyrocketed to $69K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Bromides; of Sodium or of Potassium from Denmark in 2022:

1. Sweden (4.5 tons)
2. Norway (1.1 tons)

Source: IndexBox Market Intelligence Platform