Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $5,277 per ton, with an increase of 1.8% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for borates; disodium tetraborate (refined borax), other than anhydroi increased by +33.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 36% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,388 per ton), while the price for Italy ($2,517 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $27,249 per ton, with a decrease of -3.6% against the previous year. Over the period under review, the export price, however, posted a prominent increase. Over the period under review, the average export prices attained the peak figure at $28,263 per ton in 2021, and then fell slightly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($27,520 per ton), while the average price for exports to Slovenia amounted to $27,163 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-3.9%).
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland
In 2022, overseas purchases of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -39.3% to 70 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 44%. As a result, imports attained the peak of 157 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi contracted sharply to $368K in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports attained the peak of $620K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 510 | 412 | 295 | -23.9% |
| United States | 26.8 | 10.7 | 32.3 | 34.3 | 8.6% |
| Spain | 68.5 | 92.1 | 136 | 20.3 | -33.3% |
| United Kingdom | N/A | 1.6 | 4.8 | 9.2 | 139.8% |
| Italy | 426 | N/A | 4.6 | 4.0 | -78.9% |
| Others | 1.5 | 5.8 | 5.9 | 4.5 | 44.2% |
| Total | 522 | 620 | 595 | 368 | -11.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Ireland in 2022:
- Poland (53.7 tons)
- Spain (7.8 tons)
- United States (4.9 tons)
- Italy (1.6 tons)
- United Kingdom (1.1 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland
Exports of borates; disodium tetraborate (refined borax), other than anhydroi from Ireland soared to 105 kg in 2022, rising by 40% compared with the previous year. Over the period under review, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +40.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $2.9K in 2022. The total export value increased at an average annual rate of +35.0% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Slovenia | 2.1 | 2.2 | 4.8% | ||
| Spain | N/A | 0.7 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2.1 | 2.9 | 38.1% | ||
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Ireland in 2022:
- Slovenia (80.0 kg)
- Spain (25.0 kg)
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