Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $381 per ton, shrinking by -62.9% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs at $1,027 per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($1,067 per ton), while the average price for exports to Oman ($276 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 Free Zones (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $9,568 per ton in 2022, with an increase of 127% against the previous year. Overall, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($22,471 per ton), while the price for the United States totaled $3,870 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates
After two years of decline, overseas shipments of borates; disodium tetraborate (refined borax), anhydroi increased by 1,035% to 32 tons in 2022. Over the period under review, exports recorded significant growth. 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), anhydroi surged to $12K in 2022. Overall, exports recorded a significant expansion. 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), Anhydrous in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 6.3 | 0% |
| Bahrain | 0.8 | 0.4 | 0.3 | 2.7 | 50.0% |
| Qatar | N/A | N/A | N/A | 2.0 | 0% |
| Pakistan | N/A | N/A | N/A | 1.2 | 0% |
| Free Zones | 4.1 | 2.9 | 1.9 | N/A | -31.9% |
| India | 1.4 | 0.9 | 0.6 | N/A | -34.5% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 6.4 | 4.3 | 2.9 | 12.1 | 23.7% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from the United Arab Emirates in 2022:
- Oman (22.7 tons)
- Bahrain (4.1 tons)
- Qatar (3.9 tons)
- Pakistan (1.1 tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates
In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi imported into the United Arab Emirates fell sharply to 111 kg, with a decrease of -89% on the previous year's figure. Overall, imports showed a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 330% against the previous year. As a result, imports reached the peak of 1 tons, and then shrank rapidly in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi dropped markedly to $1.1K in 2022. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 697% against the previous year. As a result, imports reached the peak of $4.2K, and then fell rapidly in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 5.0 | 44.0 | 764 | 533.9% |
| United States | 929 | 314 | 2,441 | 298 | -31.5% |
| Spain | 176 | 59.0 | 455 | N/A | 60.8% |
| South Korea | 335 | 121 | 1,011 | N/A | 73.7% |
| Others | 113 | 32.0 | 283 | N/A | 58.3% |
| Total | 1,556 | 531 | 4,234 | 1,062 | -12.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to the United Arab Emirates in 2022:
- United States (77.0 kg)
- Germany (34.0 kg)
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