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

Contents:

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

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

The average import price for bromides; of sodium or of potassia stood at $2,880 per ton in 2022, picking up by 3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2018 an increase of 28%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($13,442 per ton), while the price for the Netherlands ($1,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for bromides; of sodium or of potassia stood at $3,429 per ton in 2022, with an increase of 15% against the previous year. Over the period under review, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23%. Over the period under review, the average export prices reached the maximum at $4,121 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($5,236 per ton), while the average price for exports to France ($1,709 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 Spain (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bromides; of Sodium or of Potassium in Germany

Imports of bromides; of sodium or of potassia into Germany fell to 3.6K tons in 2022, with a decrease of -14.4% compared with the previous year. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of 4.3K tons, and then reduced in the following year.

In value terms, imports of bromides; of sodium or of potassia fell to $10M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, imports attained the peak of $12M, and then reduced in the following year.

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

1. Netherlands (2735.0 tons)
2. France (495.3 tons)
3. Belgium (290.8 tons)
4. United Kingdom (6.3 tons)
5. Israel (1.0 tons)

Exports of Bromides; of Sodium or of Potassium in Germany

In 2022, after three years of growth, there was significant decline in overseas shipments of bromides; of sodium or of potassia, when their volume decreased by -10.1% to 1.3K tons. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of 1.5K tons, and then contracted in the following year.

In value terms, exports of bromides; of sodium or of potassia reached $4.5M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. France (451.7 tons)
2. Saudi Arabia (118.7 tons)
3. Netherlands (107.6 tons)
4. Poland (99.6 tons)
5. Slovakia (64.3 tons)
6. Czech Republic (61.5 tons)
7. Spain (54.0 tons)
8. Sweden (45.3 tons)
9. Belgium (38.7 tons)
10. Qatar (38.2 tons)
11. Austria (35.0 tons)
12. Slovenia (32.2 tons)
13. United Kingdom (23.3 tons)

Source: IndexBox Market Intelligence Platform