Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Kuwait - 2022

Contents:

  1. Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Kuwait (CIF) - 2022
  2. Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Kuwait

Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Kuwait (CIF) - 2022

In 2022, the average import price for bromides and bromide oxides; other than item no. 2827.51s amounted to $2,511 per ton, almost unchanged from the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 78% against the previous year. The import price peaked at $11,936 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,132 per ton), while the price for China totaled $583 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (-23.2%).

Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Kuwait

In 2022, purchases abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by 0% to 859 tons, falling for the second year in a row after two years of growth. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 130% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s amounted to $2.2M in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 47%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13.843.2N/A969312.6%
United States16.20.4N/A0.7-64.9%
Others2.74.4N/A1,187660.4%
Total32.648.0N/A2,157304.5%

Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Kuwait in 2022:

  1. India (856.3 tons)
  2. United States (1.0 tons)

Source: IndexBox Market Intelligence Platform

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