Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Venezuela - 2022
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Venezuela (CIF) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Venezuela
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Venezuela (CIF) - 2022
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $1,622 per ton in 2022, which is down by -2.7% against the previous year. Over the period under review, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 17%. The import price peaked at $5,165 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -7.7% per year.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Venezuela
In 2022, imports of bromides and bromide oxides; other than item no. 2827.51s into Venezuela surged to 566 tons, with an increase of 16% against the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +54.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 16%. 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 and bromide oxides; other than item no. 2827.51s stood at $918K in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 629 | 709 | 800 | 902 | 12.8% |
| Others | 16.9 | 16.8 | 16.7 | 16.7 | -0.4% |
| Total | 645 | 726 | 816 | 918 | 12.5% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Venezuela in 2022:
- United States (564.5 tons)
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