APAC Sodium Bromide Price Movement Last Quarter:

Sodium Bromide Prices in India:

In the second quarter of 2024, the price of sodium bromide in India rose to 1,761 USD/MT in June, influenced by several market dynamics. The main driver of this increase was robust demand from the water reclamation sector, which heavily relies on sodium bromide for its operations. Furthermore, an uptick in manufacturing activities across various industries added to the demand. Historical data on sodium bromide prices indicates that global supply chain disruptions and freight issues have led to increased input costs, further pushing prices upward. These factors combined created a tight market environment, resulting in a significant price increase throughout the region.

Get the Real-Time Prices Analysis: https://www.imarcgroup.com/sodium-bromide-pricing-report

Note: The analysis can be tailored to align with the customer's specific needs.

Regional Analysis:  The price analysis can be extended to provide detailed sodium bromide price information for the following list of countries.

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.

Southwestern Europe Sodium Bromide Price Movement Last Quarter:

Sodium Bromide Prices in Spain:

In the second quarter of 2024, sodium bromide prices in Spain also experienced an upward trend, reaching 1,640 USD/MT by the quarter's end, spurred by strong demand from the water treatment and oil industries. Despite facing competition from cheaper imports from Asia, domestic prices climbed due to ongoing consumption in these vital sectors. Forecast data for sodium bromide prices suggests that the water treatment industry, crucial for effective resource management, along with the oil sector, which uses sodium bromide for drilling and extraction, played a significant role in boosting demand. Additionally, rising production costs, driven by higher raw material prices and logistical challenges, further fueled the market's positive trend, signaling continued price increases in Spain.

Regional Analysis:  The price analysis can be expanded to include detailed sodium bromide price data for a wide range of European countries:

such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

Factors Affecting Sodium Bromide Prices and Demand:

The prices and demand for sodium bromide are shaped by various factors, such as the availability of raw materials, industrial needs, and overall economic conditions. Being a significant bromine derivative, changes in bromine prices have a notable effect on the production costs of sodium bromide. There is a strong demand from sectors like oil and gas (for drilling fluids), pharmaceuticals, and water treatment, which greatly influences market trends. Moreover, regulatory policies, environmental restrictions, and trade regulations can impact the dynamics of the supply chain and pricing. Seasonal fluctuations in demand, transportation expenses, and global economic conditions also play a role in price changes. Any disruptions in bromine extraction or supply shortages can lead to further increases in sodium bromide prices.

Get the Real-Time Prices Analysis: https://www.imarcgroup.com/sodium-bromide-pricing-report

Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors Influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Sodium Bromide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Sodium Bromide price trend, offering key insights into global Sodium Bromide market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Sodium Bromide demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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