Price for Bromides; of Sodium or of Potassium in Switzerland - 2024

Contents:

1. Price for Bromides; of Sodium or of Potassium in Switzerland (CIF) - 2022
2. Price for Bromides; of Sodium or of Potassium in Switzerland (FOB) - 2022
3. Imports of Bromides; of Sodium or of Potassium in Switzerland
4. Exports of Bromides; of Sodium or of Potassium in Switzerland

Price for Bromides; of Sodium or of Potassium in Switzerland (CIF) - 2022

The average import price for bromides; of sodium or of potassia stood at $6,240 per ton in 2022, reducing by -17% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bromides; of sodium or of potassia decreased by -3.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 66% against the previous year. The import price peaked at $9,975 per ton in 2015; however, from 2016 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 Germany ($15,689 per ton), while the price for Austria ($3,671 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+79.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bromides; of Sodium or of Potassium in Switzerland (FOB) - 2022

The average export price for bromides; of sodium or of potassia stood at $63,703 per ton in 2022, growing by 93% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 117%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($88,022 per ton), while the average price for exports to China ($7,612 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 the United States (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bromides; of Sodium or of Potassium in Switzerland

In 2022, the amount of bromides; of sodium or of potassia imported into Switzerland dropped slightly to 71 tons, shrinking by -2.3% on 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 57%. As a result, imports reached the peak of 73 tons, and then contracted modestly in the following year.

In value terms, imports of bromides; of sodium or of potassia reduced dramatically to $445K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of $549K, and then shrank dramatically in the following year.

Top Suppliers of Bromides; of Sodium or of Potassium to Switzerland in 2022:

1. Israel (33.6 tons)
2. Netherlands (21.9 tons)
3. Germany (9.8 tons)
4. Austria (4.2 tons)
5. France (1.2 tons)

Exports of Bromides; of Sodium or of Potassium in Switzerland

In 2022, shipments abroad of bromides; of sodium or of potassia decreased by -34.5% to 6.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a perceptible setback. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 9.3 tons, and then fell dramatically in the following year.

In value terms, exports of bromides; of sodium or of potassia soared to $388K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Bromides; of Sodium or of Potassium from Switzerland in 2022:

1. United States (3.1 tons)
2. Germany (2.2 tons)
3. China (0.6 tons)
4. France (0.1 tons)

Source: IndexBox Market Intelligence Platform