Price for Bromides; of Sodium or of Potassium in Russia - 2022
Contents:
- Price for Bromides; of Sodium or of Potassium in Russia (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in Russia (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in Russia
- Exports of Bromides; of Sodium or of Potassium in Russia
Price for Bromides; of Sodium or of Potassium in Russia (CIF) - 2022
In 2022, the average import price for bromides; of sodium or of potassia amounted to $5,188 per ton, rising by 21% against the previous year. Overall, the import price saw perceptible growth. The pace of growth was the most pronounced in 2020 an increase of 25%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($9,614 per ton), while the price for Germany ($2,820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bromides; of Sodium or of Potassium in Russia (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $3,250 per ton in 2022, increasing by 10% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 70%. As a result, the export price reached the peak level of $11,138 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($3,517 per ton), while the average price for exports to the UK ($2,542 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 Norway (+11.0%), while the prices for the other major destinations experienced a decline.
Imports of Bromides; of Sodium or of Potassium in Russia
For the third consecutive year, Russia recorded decline in purchases abroad of bromides; of sodium or of potassia, which decreased by -61.7% to 83 tons in 2022. Over the period under review, imports continue to indicate a precipitous curtailment. The smallest decline of -14.9% was in 2020.
In value terms, imports of bromides; of sodium or of potassia reduced rapidly to $431K in 2022. Overall, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 6.6% against the previous year. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Bromides; of Sodium or of Potassium in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,392 | 1,304 | 140 | 146 | -52.8% |
| Lithuania | 3.1 | 0.9 | 56.5 | 48.0 | 149.2% |
| Germany | 7.1 | 8.6 | 10.5 | 2.6 | -28.5% |
| Belgium | 254 | 256 | 2.1 | 0.6 | -86.7% |
| United Kingdom | N/A | 151 | N/A | N/A | 0% |
| Others | 682 | 772 | 719 | 233 | -30.1% |
| Total | 2,339 | 2,494 | 928 | 431 | -43.1% |
Top Suppliers of Bromides; of Sodium or of Potassium to Russia in 2022:
- China (22.5 tons)
- Lithuania (5.0 tons)
- Germany (0.9 tons)
- Belgium (0.1 tons)
Exports of Bromides; of Sodium or of Potassium in Russia
In 2022, after two years of decline, there was significant growth in overseas shipments of bromides; of sodium or of potassia, when their volume increased by 227% to 8.3K tons. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of bromides; of sodium or of potassia surged to $27M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bromides; of Sodium or of Potassium in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 6.8 | 24.5 | 260.3% |
| Senegal | N/A | N/A | N/A | 1.3 | 0% |
| United Kingdom | 6.7 | 9.6 | N/A | 0.8 | -50.8% |
| Norway | N/A | 2.2 | N/A | N/A | 0% |
| Others | 6.7 | 0.4 | 0.7 | 0.5 | -57.9% |
| Total | 13.4 | 12.2 | 7.5 | 27.1 | 26.5% |
Top Export Markets for Bromides; of Sodium or of Potassium from Russia in 2022:
- China (7.5K tons)
- Senegal (0.4K tons)
- United Kingdom (0.3K tons)
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