Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $581 per ton in 2022, increasing by 25% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $600 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,625 per ton), while the price for France ($468 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into Israel surged to 298 tons, jumping by 19% against the previous year's figure. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $173K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 104 | 75.4 | 100 | 121 | 5.2% |
South Africa | N/A | 19.1 | N/A | 33.8 | 33.0% |
Netherlands | 7.4 | 7.3 | 7.1 | 7.0 | -1.8% |
Germany | 1.8 | 6.4 | 3.9 | 4.7 | 37.7% |
Others | 6.6 | 2.8 | 4.7 | 6.5 | -0.5% |
Total | 120 | 111 | 116 | 173 | 13.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Israel in 2022:
- Turkey (206.4 tons)
- South Africa (57.6 tons)
- Netherlands (14.4 tons)
- Germany (8.0 tons)
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