Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia - 2024
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $678 per ton, rising by 42% against the previous year. In general, the import price enjoyed a measured expansion. The pace of growth appeared the most rapid in 2013 an increase of 78%. As a result, import price attained the peak level of $899 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($689 per ton), while the price for the United States stood at $587 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%).
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $649 per ton in 2022, surging by 26% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,139 per ton), while the average price for exports to India ($411 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia
In 2022, approx. 25K tons of borates; disodium tetraborate (refined borax), other than anhydroi were imported into Malaysia; picking up by 9.2% compared with 2021 figures. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $17M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.0 | 5.5 | 9.9 | 14.8 | 35.1% |
| United States | 0.2 | 0.2 | 0.7 | 1.9 | 111.8% |
| Argentina | N/A | 0.2 | 0.4 | 0.2 | 0.0% |
| Others | 0.3 | 0.2 | 0.1 | 0.4 | 10.1% |
| Total | 6.5 | 6.1 | 11.1 | 17.3 | 38.6% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Malaysia in 2022:
- Turkey (21.5K tons)
- United States (3.2K tons)
- Argentina (0.3K tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia
In 2022, approx. 5.7K tons of borates; disodium tetraborate (refined borax), other than anhydroi were exported from Malaysia; waning by -69.1% against the year before. Over the period under review, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi contracted markedly to $3.7M in 2022. Overall, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 134% against the previous year.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 796 | 985 | 994 | 1,132 | 12.5% |
| Vietnam | 165 | 105 | 753 | 664 | 59.1% |
| Australia | 295 | 308 | 570 | 581 | 25.3% |
| New Zealand | 252 | 92.1 | 433 | 326 | 9.0% |
| Philippines | 287 | 136 | 145 | 262 | -3.0% |
| India | 777 | 1,505 | 3,965 | 258 | -30.8% |
| Singapore | N/A | 3.0 | 63.4 | 254 | 820.1% |
| China | 29.9 | 90.4 | 780 | 77.6 | 37.4% |
| Indonesia | 11,006 | 83.4 | 123 | 38.5 | -84.8% |
| South Korea | 105 | 33.4 | 285 | N/A | 64.8% |
| Japan | N/A | 268 | 750 | N/A | 179.9% |
| Others | 730 | 414 | 535 | 73.2 | -53.5% |
| Total | 14,443 | 4,024 | 9,397 | 3,666 | -36.7% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Malaysia in 2022:
- Thailand (1889.5 tons)
- Vietnam (1284.8 tons)
- Australia (676.9 tons)
- India (628.2 tons)
- New Zealand (348.1 tons)
- Philippines (296.3 tons)
- Singapore (223.2 tons)
- China (104.7 tons)
- Indonesia (83.0 tons)
339
This report provides an in-depth analysis of the borates and perborates market in Malaysia.
660
This report provides an in-depth analysis of the escalator market in Malaysia.
546
This report provides an in-depth analysis of the borates market in Malaysia.
304
This report provides an in-depth analysis of the market for hot-rolled tool steel bar in Malaysia.
462
This report provides an in-depth analysis of the global borates and perborates market.
1510
This report provides an in-depth analysis of the global escalator market.
987
This report provides an in-depth analysis of the global borates market.
373
Global Hot-Rolled Tool Steel Bar Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled tool steel bar.
339
This report provides an in-depth analysis of the borates and perborates market in Malaysia.
462
This report provides an in-depth analysis of the global borates and perborates market.
680
In value terms, moving, grading, levelling, scraping equipment imports amounted to $X in 2016. Overall, moving, grading, levelling, scraping equipment imports continue to indicate a pronounced decl...
764
In value terms, moving, grading, levelling, scraping equipment exports stood at $X in 2016. In general, moving, grading, levelling, scraping equipment exports continue to indicate a temperate desce...
864
In 2016, the global escalator imports totaled X tons, moving up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1686
In 2016, the global escalator imports totaled X tons, moving up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1432
China dominates in the global escalator and moving walkway trade. In 2014, China exported X thousand tons of escalators and moving walkways totaling X million USD, X% under the previous year. Its primary trading partner was the Republic of Korea,
789
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
901
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
1042
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...
1181
In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...
1292
Borates are used in the production of glass, ceramics, agriculture, detergents and bleaches. From 2007 to 2016, global borate consumption displayed a mixed dynamic. Between 2015 and 2016, global borate market remained relatively stable. As of the end o
