Bromides and bromide oxides: other than item no. 2827.51

In 2024, bromides and bromide oxides: other than item no. 2827.51 trade exhibited significant decline, with global flows reaching $565,556,130 and a three-year compound annual growth rate of +12.2% (five-year: +7.4%). The all-time peak of $682,281,786 was recorded in 2023; the current level is 17% below that high-water mark.

Over the 30-year observation window (1995–2024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+5.2% acceleration).

The World Trade Flows Characterization classifies bromides and bromide oxides: other than item no. 2827.51 as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.245). The three largest exporters — Jordan ($244.1M), Israel ($131.1M), and United States ($54.0M) — collectively dominate supply flows. The leading exporter has grown at +13.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.080). The three largest import markets are Saudi Arabia ($96.3M), United States ($91.3M), and China ($57.2M). The largest importing market sources from 11 different supplying countries.

Estimated substitution elasticity: -39.99. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Israel → United States at $79.1M, representing 86.7% of the importer's total demand.

The volatility score for bromides and bromide oxides: other than item no. 2827.51 is 12 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.