Israel Increased Bromine Production in 2011, Exports Grew
20 Apr 2012 • by Natalie Aster
Israel is defined as the second largest bromine manufacturer around the globe and the key one in the Middle East. The country’s output amounted to 200,000 tonnes in 2011, thus indicating a rise by 15,000 tonnes, or 8.1%, year on year.
The bromine consumption of Israeli purchasers is also relatively high. It almost reached 160,000 tonnes in 2011, in comparison with 150,000 tonnes in 2010.
Bromine production and consumption trends in Israel, 2006-2011, metric tons
The country sells certain amount of the material to overseas users. Its yearly bromine exports were evaluated at USD 77 million in 2010, up by USD 21 million, or 37.5%, from a year earlier.
Israeli consumers import some bromine despite high domestic capacity. However, import volumes are insignificant.
Jordan is the second Middle Eastern bromine major. Its output exceeded 74,500 million tonnes in 2011. However, it was 5,000 tonnes, or 6% lower than in 2010.
The country’s demand for bromine does not surpass its capacity. The consumption level rested at about 65,000 tonnes in 2011, opposing to 75,000 tonnes a year earlier.
Jordan’s bromine exports were about 10,000 tonnes in 2011, demonstrating a twofold increase from 2010. Imports volumes of the country are tiny.
Largest bromine reserves are situated in the USA. The country produces world largest volumes of the material on an annual basis.
Considerably high reserves are also situated in Spain, Turkmenistan and Ukraine.
World structure of Bromine reserves, 2011
Global bromine companies generated about 690,000 tonnes in 2011 in total, up by 10,000 tonnes, or 1.5%, year on year. The production volumes will possibly mount to 705,000 tonnes in 2012.
The bromine output is set to enhance by up to 2 percent each year within a 4-year period. It is forecast to escalate by 60,000 tonnes, or 8.4%, by 2016.
The demand is expected to grow, as well. This will push bromine prices upward. The latter ones may go up by USD 200 per tonne from 2012 through 2016 in the US market.
More information on the bromine market can be found in the report "Bromine Market Review".