Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria - 2023

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria (CIF) - 2022

The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,454 per ton in 2022, reducing by -12.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2013 an increase of 74% against the previous year. As a result, import price reached the peak level of $1,927 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Germany ($2,041 per ton), while the price for the Netherlands ($1,275 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria (FOB) - 2022

In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $27,000 per ton, with an increase of 296% against the previous year. Over the period under review, the export price saw a significant expansion. The growth pace was the most rapid in 2020 when the average export price increased by 1,352%. As a result, the export price reached the peak level of $27,801 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($72,250 per ton), while the average price for exports to Romania ($4,000 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 Bosnia and Herzegovina (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria

For the third consecutive year, Austria recorded decline in supplies from abroad of borates; disodium tetraborate (refined borax), anhydroi, which decreased by -29.1% to 61 tons in 2022. In general, imports continue to indicate a precipitous contraction. The smallest decline of -16.5% was in 2020.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi declined dramatically to $88K in 2022. Overall, imports saw a sharp decrease. The smallest decline of -22.4% was in 2021.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A41.761.246.8%
Germany88.327.594.025.7-33.7%
United Kingdom141131N/AN/A-7.1%
ItalyN/A18.93.2N/A-83.1%
United States27.9N/AN/AN/A0%
Others1.24.92.91.57.7%
Total25818314288.4-30.0%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Austria in 2022:

  1. Netherlands (48.0 tons)
  2. Germany (12.6 tons)

Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria

In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi exported from Austria dropped significantly to 30 kg, which is down by -95.9% on the previous year's figure. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 52%.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi contracted remarkably to $810 in 2022. Overall, exports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 83% against the previous year. As a result, the exports reached the peak of $14K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/A1.30.50.3-52.0%
AzerbaijanN/AN/AN/A0.20%
GreeceN/AN/AN/A0.10%
Bosnia and HerzegovinaN/A0.40.20.1-50.0%
Serbia2.1N/AN/AN/A0%
ChinaN/AN/A1.8N/A0%
GermanyN/AN/AN/AN/A0%
MontenegroN/AN/AN/AN/A0%
OmanN/A4.7N/AN/A0%
YemenN/A6.1N/AN/A0%
Romania1.8N/A0.2N/A-66.7%
Others3.51.12.3N/A-18.9%
Total7.413.55.00.8-52.4%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Austria in 2022:

  1. Romania (8.0 kg)
  2. Azerbaijan (8.0 kg)
  3. Bosnia and Herzegovina (4.0 kg)
  4. Greece (4.0 kg)
  5. Switzerland (4.0 kg)
  6. Montenegro (1.0 kg)
  7. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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