Price for Bromides; of Sodium or of Potassium in Israel - 2024
Contents:
- Price for Bromides; of Sodium or of Potassium in Israel (FOB) - 2024
- Price for Bromides; of Sodium or of Potassium in Israel (CIF) - 2022
- Exports of Bromides; of Sodium or of Potassium in Israel
- Imports of Bromides; of Sodium or of Potassium in Israel
Price for Bromides; of Sodium or of Potassium in Israel (FOB) - 2024
In January 2024, the average export price for bromides; of sodium or of potassia amounted to $2,480 per ton, approximately mirroring the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 9.6% month-to-month. Over the period under review, the average export prices hit record highs at $2,498 per ton in September 2023; afterwards, it flattened through to January 2024.
Average prices varied noticeably for the major external markets. In January 2024, the highest price was recorded for prices to the United States ($2,480 per ton) and Canada ($2,480 per ton), while the average price for exports to China ($2,480 per ton) and the UK ($2,480 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in Israel (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $3,438 per ton, dropping by -4.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 9.4%. As a result, import price reached the peak level of $3,611 per ton, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hong Kong SAR ($3,438 per ton) and Germany ($3,438 per ton), while the price for Belgium ($3,436 per ton) and China ($3,438 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bromides; of Sodium or of Potassium in Israel
Exports of bromides; of sodium or of potassia from Israel expanded sharply to 29K tons in 2022, surging by 5.2% on the previous year's figure. The total export volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 37%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of bromides; of sodium or of potassia expanded markedly to $66M in 2022. In general, exports, however, continue to indicate a perceptible downturn.
| Export of Bromides; of Sodium or of Potassium in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.9 | 16.4 | 12.6 | 24.4 | -15.8% |
| Belgium | 4.7 | 10.7 | 6.5 | 13.6 | 42.5% |
| United Arab Emirates | N/A | N/A | N/A | 6.5 | 0% |
| India | N/A | 0.6 | 0.2 | 3.0 | 123.6% |
| Guyana | N/A | 8.1 | N/A | 2.6 | -43.3% |
| Japan | 0.3 | 1.9 | 3.6 | 2.3 | 97.2% |
| Brazil | 0.8 | 0.7 | 1.2 | 2.1 | 37.9% |
| Norway | 1.1 | 1.0 | N/A | 1.6 | 13.3% |
| United Kingdom | 0.9 | 2.8 | 1.8 | 1.5 | 18.6% |
| Ghana | N/A | N/A | N/A | 1.4 | 0% |
| Senegal | N/A | N/A | N/A | 0.8 | 0% |
| Others | 22.8 | 14.2 | 35.3 | 6.3 | -34.9% |
| Total | 71.5 | 56.6 | 61.2 | 66.2 | -2.5% |
Top Export Markets for Bromides; of Sodium or of Potassium from Israel in 2022:
- United States (8.0K tons)
- Belgium (7.0K tons)
- United Arab Emirates (3.7K tons)
- Guyana (2.3K tons)
- India (1.3K tons)
- Japan (1.0K tons)
- Ghana (0.9K tons)
- Norway (0.7K tons)
- United Kingdom (0.6K tons)
- Brazil (0.5K tons)
- Senegal (0.5K tons)
Imports of Bromides; of Sodium or of Potassium in Israel
In 2022, purchases abroad of bromides; of sodium or of potassia increased by 44% to 57 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.4% over the period 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.
In value terms, imports of bromides; of sodium or of potassia surged to $195K in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bromides; of Sodium or of Potassium in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 23.0 | 80.0 | 32.0 | 130 | 78.1% |
| China | 85.0 | 34.0 | 101 | 49.0 | -16.8% |
| Germany | 2.0 | 9.0 | 7.0 | 11.0 | 76.5% |
| Belgium | 55.0 | 28.0 | 1.0 | 1.0 | -73.7% |
| Others | 1.0 | 2.0 | 1.0 | 4.0 | 58.7% |
| Total | 166 | 153 | 142 | 195 | 5.5% |
Top Suppliers of Bromides; of Sodium or of Potassium to Israel in 2022:
- Hong Kong SAR (37.8 tons)
- China (14.3 tons)
- Germany (3.2 tons)
- Belgium (0.3 tons)
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