Borates; Peroxoborates (Perborates) Price in Chile - 2023

Contents:

  1. Borates; Peroxoborates (Perborates) Price in Chile (CIF) - 2022
  2. Borates; Peroxoborates (Perborates) Price in Chile (FOB) - 2022
  3. Borates; Peroxoborates (Perborates) Imports in Chile
  4. Borates; Peroxoborates (Perborates) Exports in Chile

Borates; Peroxoborates (Perborates) Price in Chile (CIF) - 2022

The average borates; peroxoborates (perborates) import price stood at $1,529 per ton in 2022, picking up by 40% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. 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 the United States ($2,522 per ton), while the price for Argentina ($818 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Price in Chile (FOB) - 2022

In 2022, the average borates; peroxoborates (perborates) export price amounted to $535 per ton, waning by -69.4% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 123%. The export price peaked at $2,720 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($2,274 per ton), while the average price for exports to Malaysia stood at $335 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.6%).

Borates; Peroxoborates (Perborates) Imports in Chile

In 2022, approx. 3.8K tons of borates; peroxoborates (perborates)s were imported into Chile; with an increase of 66% against 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, borates; peroxoborates (perborates) imports skyrocketed to $5.9M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Borates; Peroxoborates (Perborates) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,6252,5781,4523,59930.3%
Turkey1291662121,042100.6%
Argentina63422845397715.5%
PeruN/A58.515113149.6%
Others15276.6257116-8.6%
Total2,5413,1072,5265,86532.2%

Top Suppliers of Borates; Peroxoborates (Perborates) to Chile in 2022:

  1. United States (1427.3 tons)
  2. Argentina (1194.7 tons)
  3. Turkey (1092.9 tons)
  4. Peru (82.0 tons)

Borates; Peroxoborates (Perborates) Exports in Chile

In 2022, approx. 349 tons of borates; peroxoborates (perborates)s were exported from Chile; growing by 1,104% against the year before. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, borates; peroxoborates (perborates) exports skyrocketed to $187K in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 596% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Borates; Peroxoborates (Perborates) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A1050%
Argentina5.773.213.676.9138.1%
Bolivia2.12.15.05.437.0%
AustraliaN/AN/A32.0N/A0%
Others3.41.7N/AN/A-50.0%
Total11.177.150.7187156.4%

Top Export Markets for Borates; Peroxoborates (Perborates) from Chile in 2022:

  1. Malaysia (312.0 tons)
  2. Argentina (33.8 tons)
  3. Bolivia (3.4 tons)

Source: IndexBox Market Intelligence Platform

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