Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand - 2024
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand (CIF) - 2024
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand (FOB) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand
- Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand (CIF) - 2024
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $4,901 per ton in January 2024, reducing by -18.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 59% against the previous month. The import price peaked at $6,043 per ton in December 2023, and then declined dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Taiwan (Chinese) ($4,967 per ton), while the price for Malaysia totaled $1,626 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.6%).
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand (FOB) - 2022
The average export price for bromides and bromide oxides; other than item no. 2827.51s stood at $5,531 per ton in 2022, growing by 37% against the previous year. Overall, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 76% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($7,439 per ton), while the average price for exports to Egypt totaled $347 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+8.5%).
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand
In 2022, overseas purchases of bromides and bromide oxides; other than item no. 2827.51s increased by 56% to 849 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s soared to $5.4M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2.6 | 2.4 | 2.6 | 5.3 | 26.8% |
| China | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 2.9 | 2.7 | 2.8 | 5.4 | 23.0% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Thailand in 2022:
- Taiwan (Chinese) (827.7 tons)
- China (3.6 tons)
Exports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand
After three years of growth, shipments abroad of bromides and bromide oxides; other than item no. 2827.51s decreased by -5.9% to 674 tons in 2022. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. As a result, the exports reached the peak of 717 tons, and then contracted in the following year.
In value terms, exports of bromides and bromide oxides; other than item no. 2827.51s skyrocketed to $3.7M in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2,041 | 1,159 | 2,686 | 3,662 | 21.5% |
| Egypt | 49.6 | 63.2 | 55.9 | 60.7 | 7.0% |
| China | N/A | 56.6 | N/A | 2.5 | -79.0% |
| Cambodia | 0.2 | 279 | 0.3 | N/A | 22.5% |
| Others | 32.4 | 10.4 | 154 | 4.5 | -48.2% |
| Total | 2,123 | 1,568 | 2,896 | 3,730 | 20.7% |
Top Export Markets for Bromides and Bromide Oxides; Other than Item No. 2827.51 from Thailand in 2022:
- Indonesia (492.3 tons)
- Egypt (175.0 tons)
- China (5.6 tons)
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