Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Pakistan - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Pakistan (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Pakistan
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Pakistan (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $1,687 per ton, with a decrease of -59.2% against the previous year. In general, the import price, however, posted a moderate increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 159% against the previous year. Over the period under review, average import prices hit record highs at $4,133 per ton in 2021, and then reduced sharply in the following year.
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 ($7,241 per ton), while the price for South Korea ($1,117 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Pakistan
In 2022, approx. 1.5 tons of borates; disodium tetraborate (refined borax), anhydroi were imported into Pakistan; rising by 9,727% compared with the previous year. In general, imports continue to indicate a significant increase. 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), anhydroi surged to $2.5K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 117 | 51.0 | 3.0 | 1,295 | 122.9% |
| Germany | 9.0 | 35.0 | 2.0 | 782 | 342.9% |
| South Korea | 3.0 | 4.0 | 1.0 | 409 | 414.7% |
| Turkey | N/A | 201 | N/A | N/A | 0% |
| Others | 9.0 | 25.0 | 56.0 | N/A | 149.4% |
| Total | 138 | 316 | 62.0 | 2,486 | 162.1% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Pakistan in 2022:
- United Arab Emirates (1000.0 kg)
- South Korea (366.0 kg)
- Germany (108.0 kg)
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