Bromine Price Trend and Forecast

Regional Market Overview

Get the latest insights on price movement and trend analysis of Bromine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Bromine Price Trend for the H1 of 2023


The Asian Bromine market mostly witnessed lower fluctuating price trends in the first half of 2023, given the high inventory stocks and dull demands from the downstream fire retardant and pesticide industries. The spot prices of Bromine started with an average of about 6205 USD/MT in the Chinese domestic market in January’23.

The first quarter ended with an average spot price of around 4012 USD/MT in March’23, after a quarterly declination of approximately 35%. As June arrived, Bromine prices declined further as the market demands didn’t revive, and almost nil new queries led spot prices to average at about 2640 USD/MT, registering an overall decline of 57% since January’23.


The European bromine market, too, exhibited dull price sentiments owing to low downstream demands amidst good inventory levels. Moreover, the arrival of cheap products from China and reduced freight costs further aided the declining trajectory. Overall, the bromine prices remained low, swinging throughout the concerned period.

North America

The American Bromine market had a slow start in January as there were sufficient stocks to support existing demands. The demands decreased around mid-Q1. Hence, prices declined further, following the global trends.

Moderate queries at the time of the quarter shift helped the market stabilize a little, but dull global sentiments easily saturated the market with cheap supplies, and the prices declined again as the second quarter concluded. Overall, market sentiments remained bearish.

Analyst Insight

According to the Procurement Resource, the Bromine price trends are expected to continue similar bearish trends for the upcoming months. High inventory levels can easily assist the current market demands, given all the other variables keep constant.

Bromine Price Trend for Q2, Q3 and Q4 of 2022


The Bromine market in the Asian-Pacific region witnessed a see-saw trend due to the fluctuating supply-demand dynamics. The rising inflation and uncertainties in demand attributing to the increasing covid cases led to the decline in the prices of bromine. The covid uncertainties continued to play a significant role in declining the price trend in the fourth quarter too. The Chinese government-imposed restrictions on trade which negatively impacted the export to overseas markets and thus caused the fall in the prices of bromine.

Middle East and Africa

The bromine market fluctuated in the Middle East and African regions as a result of the decreased run rates by the European producers amid lowered demand. The profit margins thus declined and given the soaring energy prices; the supply-demand equilibrium dipped. At the end of the fourth quarter, the market had fewer offtakes as demand declined significantly and the consumers' confidence was subdued which played a combined effect in keeping the price trends of bromine downwards.

North America

The second and third quarters of 2022 were favourable in terms of prices of bromine in the North American region. The traders looked towards the restocking of the product given the hurricane alerts. This trend was followed till the initial months of the fourth quarter after which the prices started declining given the slow economic activities, weak demand, and rising energy production costs due to soaring inflation which aided the decline in the price trend of bromine in the region.

Analyst Insight

According to Procurement Resource, the price trends for bromine are expected to show a declining trend in the upcoming quarter as the end-user demand and energy production costs will remain uncertain and soaring inflation will prove to be a challenge for the bromine market.

Bromine Price Trend For the First Quarter of 2022


In the first quarter of 2022, bromine prices in Asia-Pacific remained erratic. They fell in March due to low demand from the downstream flame retardant business and a ban on international shipments due to the return of Covid 19 in China.

During the month of March, bromine prices were estimated to be around 8876 USD/MT FOB Qingdao. To prevent a drop in offtakes within China, manufacturers were forced to lower prices. Prior to the last week of February, the price had been trending upward due to limited supplies and increased demand from downstream agricultural and pharmaceutical companies.


In the month of January, bromine prices in Europe remained stable due to sustained demand from the downstream flame retardant business. Geopolitical tensions between Russia and Ukraine resulted in production cuts and an energy crisis in Europe.

To make up for the conflict-related losses, traders and salespeople in the region were heard offering the product at a lower price to spot purchasers. Due to an inability to meet foreign demand, manufacturers were forced to lower prices in order to maintain stable offtakes in the domestic market. In Q1-2022, the price in Europe changed by about 2%.

North America

Bromine prices in North America remained steady in Q1-2022, owing to stable offtakes and abundant material availability in the US market. In the first quarter, stability in Chinese enquiries was seen due to market closures as a result of strong Covid restrictions, notwithstanding Covid's return in China.

Due to declining demand from China, bromine traders and manufacturers in the United States lowered prices to preserve stable offtakes in the domestic market. Throughout the first quarter of 2022, the demand-supply imbalance in the country remained tight. During the latter week of March, bromine prices were estimated at 4590 USD/MT FOB Houston.

For the Fourth Quarter of 2021


Bromine market sentiments remained mixed in the fourth quarter of 2021 in Asia. Prices soared in October as a result of a supply constraint and increased downstream demand. In China, the effects of the dual energy norms, such as increased traffic at Chinese ports and tightened freight vessel availability, have pushed up the price of elemental Bromine.

This was mostly due to the brisk trade following the holidays, which caught spot market participants off guard. Bromine prices, on the other hand, fell sharply by late-Q4 as purchasers resisted buying cargoes to absorb the significant surge in the price. Although it has been reported that bromine is readily available in India, significant cost pressure has made it difficult for specialised consumers to get cargoes.


In Q4 2021, the European market saw a large increase in bromine prices, owing to a lack of imports and strong demand from downstream industries. Climate disturbances continued to put a strain on the product's availability during times of high demand. Because Europe imports the majority of its bromine from other countries, incremental reductions in freight costs and increased supply resulted in a small decrease in prices at the end of the quarter. Prices, on the other hand, remained high in contrast to previous quarters.

North America

Bromine prices in the North American region followed the same pattern as the previous quarter, as rising freight and energy costs continued to put upward pressure on non-fuel mineral prices. Throughout the first two weeks of Q4, demand from downstream Hydrogen Bromide markets remained high.

Bromine prices were relatively low in November, owing to the United States' considerable investment in oil and gas drilling. Surging demand for Bromine derivatives from the flame retardants industry has kept sales volume robust in Q3, according to a leading manufacturer's quarterly reports, and the trend is set to continue into Q4. In late December, bromine FOB bulk prices in the United States hit 4580 USD/MT.

Procurement Resource provides latest prices of Bromine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Bromine is a chemical element having atomic number 35. A naturally occurring element, it is the third-lightest member of the halogen series in the periodic table. At room temperature, it appears as a fuming red-brown liquid with a pungent odour that evaporates quickly to produce a similar coloured gas.

Its properties are intermediate between the two adjacent halogens, that is, chlorine and iodine. Elemental Bromine is represented by the symbol Br. Commercially, the element is extracted from brine pools across several nations, including the US and others.

Product Details

Report Features Details
Product Name Bromine
Industrial Uses Chemical intermediate, Fuel additives and fire retardants, Pesticides, Oil well drilling fluids, Brominating agent, Water and surface disinfectant, Pharmaceuticals, Bleaching agent
Chemical Formula Br2
Synonyms 7726-95-6, Br
Molecular Weight 159.808 g/mol
Supplier Database ICL Group Ltd, Albemarle Corporation, Lanxess AG, Tosoh Corporation, Tata Chemicals Ltd
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and 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 and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Bromine via Extraction and Purification

Bromine is more abundant in the oceans, and salt lakes and brine wells also have higher bromine concentrations. Thus, Bromine is extracted from these sources due to its economic feasibility.

In order to liberate Bromine, the process of halogen exchange is utilised, which involves the use of chlorine gas to produce Br2. It is then separated with a blast of steam or air, followed by condensation and purification. 


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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