Sodium Bromide Price Trend and Forecast

Regional Price Overview

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

Sodium Bromide Price Trend for the H1 of 2023


In the Asia Pacific region, the price trend of sodium bromide showcased a falling trajectory in both the first and second quarters of 2023. Due to the weak demand from the water treatment, pharmaceuticals, and drilling industries, the import rates fell, and the domestic manufacturers were also forced to reduce their production outputs. The supply chain in the region was also dampened amid the high availability of the product in the market.


In the initial months of the first quarter of 2023, sodium bromide prices were inclined with the rise in energy production costs and the low supply of the product in the region. However, from the second month of the year, the trend declined significantly. The major factors that affected the regional dynamics were the drop in overseas inquiries, slow demand from water treatment industries and rising stockpiles of inventories. In addition to these, the second quarter was also negatively impacted by the dooming recession and high inflation and soaring energy costs that ultimately drove the price trend of sodium bromide in a negative direction.

North America

The trend of prices of sodium bromide in North America was similar to that observed in the European and Asia Pacific region. Sodium bromide prices inclined in the first month of the first quarter and then fell regularly throughout the second quarter. A cumulative effect of several factors, such as falling demand from the end-user industries, the slow purchasing potential of consumers, import of cheaper products from Asian countries and rising economic uncertainties pushed sodium bromide prices in a negative direction.

Analyst Insight

According to Procurement Resource, the price trend of Sodium Bromide is expected to showcase a southward trajectory as the demand from the water treatment and end-user industries seems weak.

Procurement Resource provides latest prices of Sodium Bromide. 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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Sodium bromide is an inorganic compound with the chemical formula NaBr. It is a white, crystalline salt that is highly soluble in water. Sodium bromide is commonly used in various applications, including the oil and gas industry as a completion and workover fluid, in photography as a restrainer, in water treatment processes, and as a reactant or catalyst in chemical synthesis. It is essential to handle sodium bromide with care due to its potential health and environmental hazards.

Product Details

Report Features Details
Product Name Sodium Bromide
Chemical Formula NaBr
Industrial Uses Photography, Water treatment, Pharmaceuticals, Chemical Synthesis, Oil and gas industry
HS Code 28275110
CAS Number 7647-15-6
Molecular Weight 102.89 g/mol
Supplier Database Thermo Fischer Scientific, Tata Chemicals Ltd, Chemtura Corporation, Alfa Aesar, LANXESS, ICL Industrial Products, Shandong Haiwang Chemical Co 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

This procedure involves direct bromination of sodium hydroxide salt in the presence of excess bromide solution.


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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