Price for Bromides; of Sodium or of Potassium in Tanzania - 2022

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Tanzania (CIF) - 2022
  2. Imports of Bromides; of Sodium or of Potassium in Tanzania

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

In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,517 per ton, falling by -39.2% against the previous year. Overall, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 105%. Over the period under review, average import prices hit record highs at $5,949 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,933 per ton), while the price for Israel ($3,508 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Bromides; of Sodium or of Potassium in Tanzania

In 2022, imports of bromides; of sodium or of potassia into Tanzania skyrocketed to 7.7 tons, surging by 294% compared with the previous year's figure. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 8,841%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of bromides; of sodium or of potassia soared to $27K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 18,263%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Bromides; of Sodium or of Potassium in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A25.30%
NetherlandsN/AN/AN/A1.70%
India0.1N/A2.50.10.0%
Kenya0.2N/A0.7N/A87.1%
Others0.2N/A8.20.20.0%
Total0.50.111.427.2278.9%

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

  1. Israel (7.2 tons)
  2. Netherlands (0.5 tons)

Source: IndexBox Market Intelligence Platform

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