Track the latest insights on bromine price trend and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.
Product
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Category | Region | Price |
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Bromine | Bulk Chemical and Fertilizer | USA | 2070 USD/MT |
Bromine | Bulk Chemical and Fertilizer | China | 2383 USD/MT |
Bromine | Bulk Chemical and Fertilizer | UAE | 2150 USD/MT |
During the last quarter of 2024, the bromine prices in the USA reached 2070 USD/MT in December. As per the bromine price chart, early softness resulted from a lack of demand for intermediates and flame retardants. Disruptions in the Middle East put pressure on imports, particularly from Israel. Midway through the quarter, supply constraints drove up prices despite robust spending trends. The introduction of less expensive imports in the conclusion, however, somewhat reversed that trend. In the face of uncertain geopolitical developments, core industries such as drilling fluids and water treatment maintained consistent demand, giving some market balance.
During the last quarter of 2024, the bromine prices in China reached 2383 USD/MT in December. The price of bromine in China changed from stable to marginally negative. Due to strong demand for flame-retardants, prices were originally raised by high levels of imports and manufacturing. Prices eased as downstream demand declined later in the quarter. The modest recovery of the construction industry, aided by government initiatives, maintained interest in bromine. However, the continuous unrest in the Middle East made transportation more expensive and supply chains more unstable, which made importing more difficult and affected domestic pricing.
During the last quarter of 2024, the bromine prices in the UAE reached 2150 USD/MT in December. Throughout Q4 2024, bromine prices in the United Arab Emirates varied. Supply shortages and more general regional volatility led to early gains. However, the effect was mitigated by stable domestic demand and stabilized production in Jordan. Year-end discounting and a fall in buying demand from Asian markets exerted negative pressure. Besides, consistent regional industrial activity prevented a more severe decline in the bromine market notwithstanding obstacles.
Product
|
Category | Region | Price |
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Bromine | Bulk Chemical and Fertilizer | USA | 2333 USD/MT |
Bromine | Bulk Chemical and Fertilizer | China | 2767 USD/MT |
Bromine | Bulk Chemical and Fertilizer | UAE | 2471 USD/MT |
Bromine prices in the United States grew considerably during the second quarter of fiscal year 2024. It peaked at 2333 USD/MT in June. This increase was caused by higher demand in the flame-retardant sector and decreased import activity as a result of geopolitical concerns. Furthermore, rising transportation and freight costs strained supply chains, resulting in a bullish market with relatively constant pricing compared to the previous quarter.
Bromine prices in China rose sharply in the Q2 of 2024, driven by supply restrictions and increased industrial demand. The market experienced substantial oscillations, with a significant gain from last year but a fall from the prior quarter, indicating a volatile but strengthening market climate. The price was set at 2767 USD/MT at the end of June 2024.
Bromine prices in the UAE increased substantially in the second quarter of 2024, owing to increasing demand from local industry and the construction sector. A hike in freight costs and supply chain disruptions also contributed to the price increase, notwithstanding variations in the seasons and persistent issues in regional market dynamics. As a result, the market price for bromine rose to 2471 USD/MT by the end of June 2024.
Product
|
Category | Region | Price |
---|---|---|---|
Bromine | Bulk Chemical and Fertilizer | USA | 2272 USD/MT |
Bromine | Bulk Chemical and Fertilizer | China | 2398 USD/MT |
Bromine | Bulk Chemical and Fertilizer | UAE | 2334 USD/MT |
In the United States, bromine prices were recorded at 2272 USD/MT in Q1 2024. The market price decreased drastically in this quarter, owing to reduced downstream consumption and elevated imports of lower-cost items. Seasonal considerations and reduced purchasing activity raised price pressure, resulting in a major market downturn.
In Q1 2024, the bromine prices in China reached 2398 USD/MT. The market saw lowered product demand, reduced manufacturing rates, and excess inventory, which led to a dip in prices. Additionally, the consistent supply disruptions across the globe, coupled with seasonal factors, contributed to the negative market sentiment.
In Q1 2024, the UAE bromine market saw changes in prices, with initial drops caused by cheaper imports and slower demand. However, inquiries from local businesses helped to stabilize the market by March despite rising inventory and regional supply interruptions that impacted the overall pricing environment. As a result, by the end of March, bromine prices stood at 2334 USD/MT.
Product
|
Category | Region | Price |
---|---|---|---|
Bromine | Bulk Chemical and Fertilizer | USA | 2574 USD/MT |
Bromine | Bulk Chemical and Fertilizer | China | 3549 USD/MT |
Bromine | Bulk Chemical and Fertilizer | UAE | 2525 USD/MT |
In Q4 2023, the North American bromine prices reached 2574 USD/MT. The market experienced minimal fluctuations in pricing, maintaining a stable market outlook. The balance between supply and demand was effectively managed, despite reduced production influenced by an oversupply and decreased consumer demand in certain sectors.
The price trend for bromine in China for Q4 2023 settled at 3549 USD/MT in December. The market managed to hold steady despite challenges. The balance between production increases and steady demand from key industries allowed for a stable market environment, which is poised to adjust dynamically to future demands.
In the UAE, the bromine prices for Q4 2023 reached 2525 USD/MT in December. The market faced substantial price changes throughout the quarter, primarily due to shifts in domestic and international market dynamics. However, by the end of the period, the market achieved a relative stability, adapting to the prevailing conditions.
The report provides a detailed analysis of the bromine market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the bromine price trend.
The report offers a holistic view of the global bromine pricing trends in the form of bromine price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into bromine historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into bromine price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed bromine demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
The report explores the bromine pricing trends and bromine price chart in Europe, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
This analysis can be extended to include detailed bromine price information for a comprehensive list of countries.
Region | Countries Covered |
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Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
Q4 2024:
As per the bromine price index, in North America, the market saw erratic trends in Q4 2024. Demand was lower in the first several weeks, particularly from end-use industries like chemical intermediates and flame retardants. The market was stretched by import disruptions brought on by Middle Eastern regional instability, especially the Israel-Palestine conflict. Early economic indicators like the public sector provided some impetus, but their influence waned over time. The pricing environment was made worse by Middle Eastern suppliers' supply issues and operational suspensions. Costlier imports later in the quarter caused prices to fall, even though key industries like oilfield chemicals and water treatment continued to use bromine.
Q2 2024:
During FY2024, product rates in North America displayed diverse movements, impacted by a variety of market conditions. A sustained increase in the demand for bromine in intermediate and flame-retardant industries, along with lower imports due to geopolitical concerns, resulted in supply restrictions. Challenges in logistics and heightened freight costs also led to a hike in prices. The United States market witnessed visible changes, with major heightened product demand and rise in industrial activity, thus driving the upward movement in prices. Seasonal demand increases in Asia further stressed supply systems, resulting in an upward trend during the quarter. Despite a major year-on-year (YoY) drop, prices remained reasonably steady when compared to the previous quarter, demonstrating market resiliency.
Q1 2024:
North American bromine prices fell majorly in the first quarter of 2024 due to lowered demand in major intermediate and flame-retardant sectors. It was further accelerated by reduced purchasing activities and increased purchasing of lower-cost items from regions outside North America, which drove prices down. Furthermore, the initial part of the quarter witnessed more dramatic decreases, presumably owing to seasonal reasons like holidays and less manufacturing in several end-use industries. As a result, towards the end, the pricing dynamics in North America seemed to be adverse.
Q4 2023:
In Q4 2023, the North American market exhibited subdued activity, primarily driven by a downward trend in demand across various consumer sectors. The flame retardant and intermediate industries, in particular, saw a notable decline in their requirements, resulting in a surplus of inventory that prompted producers to scale back manufacturing. Despite this, pricing within the local United States market remained the same, reflecting stable market conditions. The importation of bromine, largely from Jordan and Israel, continued at a steady pace. This period also saw a low influx of new orders from international markets, which further influenced the market's overall stability.
Specific bromine historical data within the United States and Canada can also be provided.
Region | Countries Covered |
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North America | United States and Canada |
Q4 2024:
Throughout Q4 2024, bromine prices remained erratic, with Jordan a major supplier at the epicenter of swings. Geopolitical unpredictability and supply constraints, which initially led to price increases, contributed to early-quarter gains. Nonetheless, robust domestic industrial activity and steady production reduced volatility. Limited demand from Asia, particularly from China's flame-retardant business, added bearish pressure as the quarter went on. Sales of flame retardants were hampered by decreased purchases from electronics and construction, even though Dead Sea output recovered. Trade dynamics were nonetheless influenced by ongoing logistical challenges related to regional upheaval, even if China's imports of bromine provided little market assistance.
Q2 2024:
The MEA region experienced a volatile pricing environment for the product in Q2 2024, with a persistent rising trend due to a number of variables. Increased freight charges, disruptions in supply chain, and heightened concerns related to geopolitical environment had a significant influence on logistics. Prices rose due to strong demand in the flame-retardant sector and a regional boom in the construction industry. Seasonal demand changes also coincided with this construction cycle, adding to the total increase. While quarterly adjustments demonstrated resiliency, the region continued to encounter supply restrictions despite strong demand fundamentals.
Q1 2024:
In quarter one of financial year 2024, bromine prices in the Middle East and Africa region remained generally consistent, with some variations noted in the UAE. The market saw initial price drops in January owing to an influx of low-priced imports and slowing consumer demand. However, continuous inquiries from end-user industries helped stabilize prices later in the quarter. Moreover, February also witnessed drops in prices as inventories surpluses and reduced level of procurement continued to impact the market. By March, demand saw a modest uptick owing to a hike in foreign investments coupled with growth in the non-oil industry. Overall, the MEA bromine market-maintained stability, impacted by varying demand and supply factors.
Q4 2023:
The Middle East and Africa saw varied performance, impacted by steady demand from the flame retardant sector and sufficient domestic stock levels to ensure a continuous supply. Seasonal factors like the monsoon season led to reduced production in key exporting countries, impacting import levels. The UAE, in particular, saw notable changes in market prices, although the market managed to stabilize as the quarter progressed. This stabilization points to an adaptation to the ongoing market conditions, maintaining a balance between supply and demand.
In addition to region-wise data, information on bromine prices for countries can also be provided.
Region | Countries Covered |
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Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Q4 2024:
The bromine market displayed fluctuating price patterns in Q4 2024. Stable supply-demand dynamics kept things in balance at first, however pleasant weather raised output and imports, which led to a period of rising prices, especially in China. This rally was aided by the flame-retardant sector's impressive performance. Prices stabilized and then slightly declined as demand cooled later in the quarter. The demand for bromine derivatives was escalated by China's construction recovery, which was aided by policy-backed investments. However, as the year drew to a close, the supply outlook was clouded by ongoing geopolitical tensions in the Middle East that increased freight prices and complicated operations.
Q2 2024:
In Q2 2024, bromine prices in the Asia Pacific region rose significantly due to a combination of factors, like supply constraints, strong demand from the industrial sector, and reduced imports. Challenges related to logistics added to this, prompting a cautious approach from downstream industries in their procurement approach. The rising production rates and hiked freight charges, also led to increased prices. In China, the market saw a notable fluctuation with a quick recovery in rates from last year, despite a decrease compared to the prior quarter. The second half of quarter two showed a sharp rise, boosted by escalating demand and limited supply, indicating a positive pricing environment.
Q1 2024:
The APAC bromine prices saw a major decline in the first quarter of 2024, with the Chinese region experiencing the highest drop. This trend resulted from lowered consumer demand, reduced manufacturing rates, and ample inventories across the region. The ongoing global supply disruptions from conflicts in the Dead Sea region also contributed to this trend. Seasonal influences and sufficient inventory levels further pushed towards the bearish market sentiment. Throughout the quarter, the APAC bromine market remained under pressure, reflecting a stable yet negative pricing trend.
Q4 2023:
Throughout the fourth quarter of 2023, the Asia Pacific region displayed a bearish outlook for the bromine market, affected by diminished demand from key downstream sectors, including pharmaceuticals and flame retardants. The market conditions were characterized by a well-maintained supply chain with adequate domestic stock to meet the current demand. Notably, in China, the market conditions stabilized due to consistent demand from intermediate industries, despite an increase in domestic production that led to higher inventory levels. This stability in demand suggests a potential for market recovery, hinting at a future shift towards more bullish sentiments.
This bromine price analysis can be expanded to include a comprehensive list of countries within the region.
Region | Countries Covered |
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Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America's bromine market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in bromine prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the bromine price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing bromine pricing trends in this region.
This comprehensive review can be extended to include specific countries within the region.
Region | Countries Covered |
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Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC’s newly published report, titled “Bromine Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of bromine pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of bromine at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of bromine price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing bromine price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
The global bromine industry size reached USD 3.65 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 5.33 Billion, at a projected CAGR of 4.09% during 2025-2033
The report covers the latest developments, updates, and trends impacting the global bromine industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in bromine production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the bromine price trend.
Latest developments in the bromine industry:
Bromine is a chemical element with a dark reddish-brown color and a bleach-like odor. It is liquid at room temperature and soluble in water. It occurs naturally and is extracted from brine pools, where it is present in small quantities and separated through processes like aeration. It is known for its versatile properties, including high reactivity and effective heat stabilization.
It is a critical component in the production of flame retardants, which are essential for enhancing fire safety in a variety of consumer products, including electronics, textiles, and construction materials. It also helps to slow down or stop the spread of fire, providing crucial protection and safety. Moreover, bromine is utilized in the production of dyes and pigments, offering a spectrum of vibrant colors for textiles and inks. It is a key component in the manufacture of silver bromide, a compound used in traditional photographic film due to its sensitivity to light, enabling image capture. In agriculture, brominated compounds serve as potent pesticides and fumigants, helping to protect crops and ensure food security.
Key Attributes | Details |
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Product Name | Bromine |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Bromine Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, Greece* North America: United States, Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
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Customization Scope | The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders: