Fluorine; Bromine Price in the UK - 2023
Contents:
- Fluorine; Bromine Price in the UK (CIF) - 2023
- Fluorine; Bromine Price in the UK (FOB) - 2022
- Fluorine; Bromine Imports in the UK
- Fluorine; Bromine Exports in the UK
Fluorine; Bromine Price in the UK (CIF) - 2023
In August 2023, the average fluorine; bromine import price amounted to $3,812 per ton, stabilizing at the previous month. Over the period under review, the import price saw strong growth. The pace of growth was the most pronounced in March 2023 when the average import price increased by 157% against the previous month. The import price peaked in August 2023.
As there is only one major supplying country, the average price level is determined by prices for Israel.
From August 2022 to August 2023, the rate of growth in terms of prices for Israel amounted to +6.4% per month.
Fluorine; Bromine Price in the UK (FOB) - 2022
The average fluorine; bromine export price stood at $6,150 per ton in 2022, rising by 6.9% against the previous year. Over the period under review, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($25,350 per ton), while the average price for exports to the Netherlands ($1,442 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 Belgium (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.
Fluorine; Bromine Imports in the UK
In 2022, supplies from abroad of fluorine; bromines was finally on the rise to reach 5.5K tons after two years of decline. The total import volume increased at an average annual rate of +1.4% 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, fluorine; bromine imports rose modestly to $9.8M in 2022. In general, imports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year.
| Import of Fluorine; Bromine in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 9.5 | 7.0 | 9.2 | 9.5 | 0.0% |
| Others | 1.1 | 1.6 | 0.4 | 0.3 | -35.2% |
| Total | 10.6 | 8.6 | 9.6 | 9.8 | -2.6% |
Top Suppliers of Fluorine; Bromine to the UK in 2022:
- Israel (5.4K tons)
Fluorine; Bromine Exports in the UK
After two years of decline, shipments abroad of fluorine; bromines increased by 89% to 918 tons in 2022. Over the period under review, exports, however, showed a abrupt decline.
In value terms, fluorine; bromine exports soared to $5.6M in 2022. In general, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fluorine; Bromine in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.9 | 672 | 1,291 | 2,605 | 710.1% |
| China | 1,068 | 429 | 8.5 | 1,367 | 8.6% |
| Italy | 106 | 555 | 557 | 538 | 71.9% |
| Singapore | 279 | 333 | 217 | 378 | 10.7% |
| Belgium | 1,415 | 802 | 181 | 301 | -40.3% |
| Japan | 5.7 | N/A | N/A | 108 | 166.6% |
| Germany | 256 | 151 | 145 | 98.1 | -27.4% |
| Netherlands | 3.7 | 34.0 | 189 | 68.7 | 164.8% |
| South Korea | N/A | 793 | N/A | N/A | 0% |
| Others | 314 | 421 | 205 | 182 | -16.6% |
| Total | 3,452 | 4,192 | 2,792 | 5,646 | 17.8% |
Top Export Markets for Fluorine; Bromine from the UK in 2022:
- India (419.4 tons)
- China (233.6 tons)
- Singapore (111.1 tons)
- Italy (64.7 tons)
- Netherlands (47.7 tons)
- Japan (17.5 tons)
- Belgium (11.9 tons)
- Germany (5.5 tons)
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