Bromine Pricing Report, Trend, Index and Forecast 2024

The latest report by IMARC, titled "Bromine Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of bromine prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Bromine Prices December 2023:

• United States: 2574/MT
• China: 3549/MT
• United Arab Emirates: 2525/MT

Report Offering:

• Monthly Updates: Annual Subscription
• Quarterly Updates: Annual Subscription
• Biannually Updates:  Annual Subscription

The study delves into the factors affecting bromine price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/bromine-pricing-report/requestsample

Bromine Price Trend- Q4 2023

The bromine market in North America experienced a notable downturn in the fourth quarter of 2023, primarily influenced by lower demand and oversupply in downstream industries like flame retardants. This decline was exacerbated by consumers destocking inventories, leading to decreased production rates by manufacturers within the region. Furthermore, the slow influx of new orders from overseas markets contributed to the decline. While the prices of Bromine remained stable in the US domestic market, imports from Israel and Jordan also exhibited stability. Despite minimal changes in the market outlook and offered quotations, the USA witnessed a slight increase in prices by USD 2574/MT. The North American Bromine market was marked by a low demand-supply scenario, reflecting the trend of decreased consumption in downstream industries and restrained market dynamics.

The global bromine market size reached US$ 3.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.2 Billion, at a projected CAGR of 4.25% during 2023-2032. In the last quarter, several factors influenced the prices of bromine, both globally and regionally. The demand-supply dynamics played a crucial role in determining bromine prices. The balance between supply and demand in the bromine market is influenced by various factors, including industrial activity, regulatory changes, and seasonal trend. In regions where demand for bromine-based products, such as flame retardants and pharmaceuticals, remained robust, prices tended to be higher due to increased competition for limited supply. Conversely, regions experiencing oversupply or reduced demand saw downward pressure on prices as producers sought to offload excess inventory. Additionally, fluctuations in raw material costs, such as the price of brine used in bromine extraction, also impacted bromine prices, as higher input costs could lead to higher selling prices for bromine products.

Moreover, geopolitical and macroeconomic factors contributed to price volatility in the bromine market. Uncertainty surrounding global trade relations, geopolitical tensions, and currency fluctuations can influence the cost of production, transportation, and distribution of bromine products. For example, trade disputes between major bromine-producing countries could disrupt supply chains and lead to price spikes or shortages in certain regions. Similarly, changes in exchange rates can affect the competitiveness of bromine exports and imports, influencing market dynamics and prices. Besides, regulatory developments, such as changes in environmental policies or safety regulations governing the use of bromine-based products, can impact demand and prices by altering market conditions and consumer preferences. A complex interplay of supply-demand dynamics, raw material costs, geopolitical factors, and regulatory changes shapes the pricing of bromine in the global market.

Browse Full Report: https://www.imarcgroup.com/bromine-pricing-report

Key Points Covered in the Bromine Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• Bromine Prices
• Bromine Price Trend
• Bromine Demand & Supply
• Bromine Market Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Bromine Price Analysis
• Bromine Industry Drivers, Restraints, and Opportunities
• Bromine News and Recent developments
• Global Event Analysis
• List of Key Players

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• North America: United States and 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, and Morocco

Browse More Pricing Reports By IMARC Group:

• Propylene Carbonate Pricing Report
• Aluminum Wire Pricing Report

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

About Us:

IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163