Bromine Price Trends and Forecast Report 2025 Edition

The Expert Market Research pricing report on n-Hexane provides insights into the top 10 leading trading countries and regions.

Bromine price trends experienced fluctuations throughout 2024, driven by changes in demand, supply constraints, and geopolitical tensions in major producing regions. Regional price trends varied across North America, Asia-Pacific, the Middle East, and Europe, reflecting local supply-demand dynamics, production capacities, and logistical challenges. The price outlook for Bromine in 2025 is expected to be mixed, with some regions seeing stable prices due to ongoing industrial demand, while others may face continued price pressure owing to supply chain disruptions, geopolitical policies, and fluctuating freight costs.

In China, bromine prices witnessed a decline in the last quarter of 2024 compared to the same period in 2023. This price drop was primarily driven by weakened demand from key downstream sectors such as flame retardants and drilling fluids, along with increased inventory levels in the region. Broader macroeconomic factors affecting bromine price forecast suggests that increasing pressure from competitive landscape and reduced export activity contributed to the decline. The global economic slowdown, particularly in manufacturing and construction sectors, along with cutdown of seasonal production costs and increasing adoption toward alternative, non-halogenated chemicals, further exerted downward pressure on price.

Bromine Price Forecast

In 2024, Bromine prices fluctuated across regions with factors such as shifting demand, supply chain disruptions, and geopolitical tensions contributing to these variations. In Asia-Pacific, Bromine prices rose in the first half of 2024, initially affected by factors such as ample supply and weak demand, especially in China. Prices began rebounding in April due to lower inventories and pre-holiday restocking, with upward price movements observed in May amid limited imports. Mid-year saw stable pricing as supply and demand were balanced. Another price rise occurred in October, driven by low stock and stronger buying sentiment, with prices stabilizing again towards the end of the year owing to reduced production and subdued demand from key downstream sectors. In North America, prices rose in the first half of 2024 due to strong demand from flame retardant industries and supply constraints, before declining mid-year. In late 2024, a mixed price trajectory, influenced by reduced demand and geopolitical tensions, was observed. In MEA, the trend remained negative after the first half in with prices declining by the end of the year due to reduced demand from Asia and geopolitical challenges. In 2024, bromine prices in Europe fluctuated, with prices rising in October amid concerns over Middle East disruptions.

The global bromine market outlook in 2025 is projected to experience moderate price fluctuations, shaped by regional production and consumption dynamics, economy-wide growth and inflation pressures, and worldwide trade dynamics. In China, one of the largest producers of bromine, prices are expected to fluctuate within a limited range in early 2025, shaped by a demand recovery in key end-use industries, a balanced increase in supply, and large-scale economic stabilization. While the European market might witness stable to slightly rigid pricing, depending on energy costs, sustainability, and environment compliance regulations, and imports from major producing countries such as China and Israel. Geopolitical conflicts in the Middle East might impact the volume of bromine exports in regions such as Israel and Jordan, which may lead to price volatility. Overall, the price trends of Bromine in 2025 are expected to be stable to slightly bullish, especially in the second half of the year, assuming industrial activity recovers and global logistics remain tight.

Global Trade and Supply Chain Implications

The bromine market is currently facing significant challenges and opportunities impacted by cross-border tensions, economic dynamics, and environmental regulations. The ongoing Israel-Hamas conflict has disrupted the global bromine supply chain, affected Israeli producers, and prompted a reliance on alternative sources like Jordan. This geopolitical instability has also led to rerouted shipping operations around the Cape of Good Hope, adding time and costs to deliveries.

However, in the U.S., the bromine market was stable despite these external forces in play, with prices remaining steady throughout January 2024. However, the conflict’s impact on Israeli production, in 2024, coupled with the need to rely on alternative sources like Jordan, has contributed to a gradual decrease in bromine prices due to increased product availability at lower rates. Therefore, the bromine price trend is shaped by a combination of factors such as the state of the international political landscape, regulatory pressures, and market shifts towards sustainability.

Feedstock Analysis

In 2024, bromine production costs were slightly influenced by fluctuations in brine availability and energy inputs, especially in China and Israel, the key producers. During the first half of 2024, constrained brine extraction in China's Shandong province due to environmental controls and water management policies tightened supply, elevating bromine production costs. Meanwhile, stable brine extraction in Israel kept production steady, although energy price fluctuations along with political instability still imposed marginal cost pressures. Overall, feedstock-related fluctuations did not significantly impact bromine pricing analysis, as downstream demand and supply dynamics played a more dominant role.

Demand and Supply Outlook for Bromine

The outlook for bromine in 2025 is expected to be moderately optimistic, with steady growth in demand driven by key applications in flame retardants, oil and gas drilling fluids, water treatment, and emerging sectors like energy storage. Econometric market analysis also suggests that the flame-retardant segment, with a focus on construction and electronics, is expected to remain a major demand driver due to stringent fire safety regulations, especially in Asia and North America. The use of bromine in clear brine fluids for oil field operations is also projected to rise in line with increased global drilling activity. In addition, bromine's role in energy storage technologies, such as zinc-bromine flow batteries, is gaining traction along with the global transition to renewable energy, adding a potential new stream of demand.

On the supply side, production is expected to remain stable, from major producers in the USA, Jordan, and growing capacities in China and India. However, environmental regulations in Europe and increasing focus on sustainable chemicals may constrain certain brominated product lines. Moreover, logistical disruptions and international policy developments could influence bromine delivery, particularly for suppliers using maritime transport as transit. Overall, the market is likely to remain balanced, with producers cautiously optimistic about meeting rising global demand.

Gain a competitive edge with Expert Market Research's comprehensive price forecasting reports. Dive deep into the latest market dynamics and price outlook for your specific materials, ensuring you stay ahead of the curve with actionable insights and strategic foresight.

What Our Reports Include:

Historical Price Data and Analysis:

• In-depth review of prices (including feedstock) over the past 5 years.
• Visualizations and trend analysis to identify historical patterns and seasonality.

Supply and Demand Analysis:

• Detailed industry analysis of current supply and demand trends shaping the market, along with projections for how these dynamics are expected to evolve during the forecast period.
• Insights from our extensive supplier and trader network, government websites, industry bodies, and global trade data.

Latest Industry News:

• Up-to-date information on recent developments and geopolitical events.
• Pricing analysis of how these events are likely to impact future prices.

Key Macroeconomic Indicators:

• Evaluation of economic indicators such as GDP growth, inflation rates, and PMI.
• Insights into how these indicators affect prices.

Price Outlook:

• Forecasted price trends analysis for the next 2 years using statistical modelling and fundamental & technical price analysis.
• Scenario analysis and potential price fluctuations.

Why Choose Our Reports?

• Accurate Data: Our reports are based on reliable data sources, including primary interviews, government websites, and industry bodies.
• Comprehensive Insights: We offer a holistic view of the market, considering all factors related to demand, supply, macroeconomic environment, and input costs.
• Timely Updates: Reports are updated monthly, with options for quarterly or semi-annual subscriptions.
• Expert Support: Our team of analysts is available for consultations and customized requirements.

Key Benefits:

• Informed Procurement Decisions: Gain insights on when to buy and how to negotiate better, mitigating the impact of price volatility.
• Competitive Advantage: Leverage our robust and time-tested forecasting methodology to stay ahead in the market.
• Actionable Insights: Make better market decisions with detailed market forecasts and analysis.