Borates; Peroxoborates (Perborates) Price in Argentina - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Argentina (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Argentina (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Argentina
- Borates; Peroxoborates (Perborates) Exports in Argentina
Borates; Peroxoborates (Perborates) Price in Argentina (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $1,916 per ton in 2022, remaining stable against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, borates; peroxoborates (perborates) import price increased by +116.2% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual 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 ($12,729 per ton), while the price for Slovenia ($947 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Price in Argentina (FOB) - 2022
The average borates; peroxoborates (perborates) export price stood at $715 per ton in 2022, declining by -1.8% against the previous year. In general, the export price recorded a noticeable decrease. The growth pace was the most rapid in 2021 when the average export price increased by 20% against the previous year. The export price peaked at $928 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,218 per ton), while the average price for exports to Egypt ($403 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 Chile (-0.8%), while the prices for the other major destinations experienced a decline.
Borates; Peroxoborates (Perborates) Imports in Argentina
In 2022, the amount of borates; peroxoborates (perborates)s imported into Argentina fell remarkably to 262 tons, declining by -47.3% on the previous year's figure. Overall, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 14%.
In value terms, borates; peroxoborates (perborates) imports shrank significantly to $502K in 2022. In general, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year.
| Import of Borates; Peroxoborates (Perborates) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 691 | 277 | 578 | 246 | -29.1% |
| Turkey | 62.4 | 28.9 | 53.3 | 100 | 17.0% |
| Slovenia | 66.4 | 44.0 | 124 | 52.6 | -7.5% |
| United States | 241 | 225 | 131 | 36.7 | -46.6% |
| Chile | 5.8 | 65.2 | 13.2 | 31.5 | 75.8% |
| Brazil | 19.9 | 22.4 | 0.1 | 12.2 | -15.0% |
| Italy | N/A | 48.0 | 6.3 | 8.3 | -58.4% |
| Others | 58.0 | 35.8 | 35.7 | 15.1 | -36.1% |
| Total | 1,145 | 746 | 942 | 502 | -24.0% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Argentina in 2022:
- China (104.8 tons)
- Turkey (57.4 tons)
- Slovenia (55.6 tons)
- United States (17.3 tons)
- Chile (13.7 tons)
- Brazil (5.0 tons)
- Italy (4.5 tons)
Borates; Peroxoborates (Perborates) Exports in Argentina
In 2022, shipments abroad of borates; peroxoborates (perborates)s decreased by -9.6% to 14K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 7.2%. As a result, the exports reached the peak of 15K tons, and then declined in the following year.
In value terms, borates; peroxoborates (perborates) exports shrank to $10M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of $11M, and then dropped in the following year.
| Export of Borates; Peroxoborates (Perborates) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 970 | 945 | 4,647 | 4,839 | 70.9% |
| Chile | 1,109 | 409 | 418 | 744 | -12.5% |
| United States | 1,087 | 1,246 | 859 | 591 | -18.4% |
| India | 742 | 599 | 453 | 376 | -20.3% |
| Malaysia | 74.1 | 312 | 442 | 367 | 70.5% |
| Honduras | 91.9 | 170 | 285 | 294 | 47.3% |
| Bangladesh | 445 | 491 | 271 | 240 | -18.6% |
| Pakistan | 60.1 | 68.4 | 43.2 | 219 | 53.9% |
| Egypt | 306 | 461 | 238 | 198 | -13.5% |
| Colombia | 243 | 224 | 228 | 189 | -8.0% |
| Russia | 355 | 321 | 130 | 179 | -20.4% |
| Vietnam | 386 | 432 | 54.5 | 132 | -30.1% |
| Bolivia | 270 | 174 | 183 | 91.9 | -30.2% |
| Others | 2,982 | 2,889 | 3,012 | 1,543 | -19.7% |
| Total | 9,121 | 8,741 | 11,264 | 10,003 | 3.1% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Argentina in 2022:
- Brazil (7028.0 tons)
- Chile (1052.9 tons)
- India (573.2 tons)
- Honduras (553.7 tons)
- Malaysia (513.2 tons)
- Egypt (491.3 tons)
- United States (485.3 tons)
- Russia (418.6 tons)
- Colombia (297.6 tons)
- Bangladesh (260.1 tons)
- Vietnam (239.6 tons)
- Pakistan (229.8 tons)
- Bolivia (105.7 tons)
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