Borates; Peroxoborates (Perborates) Price in Denmark - 2023

Contents:

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

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

The average borates; peroxoborates (perborates) import price stood at $618 per ton in 2022, picking up by 33% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $717 per ton in 2013; however, from 2014 to 2022, 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 ($2,837 per ton), while the price for the UK ($232 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average borates; peroxoborates (perborates) export price stood at $2,797 per ton in 2022, rising by 22% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% 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) export price decreased by -6.0% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 64% against the previous year. The export price peaked at $2,974 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($2,984 per ton), while the average price for exports to Norway totaled $2,561 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Imports in Denmark

Borates; peroxoborates (perborates) imports into Denmark contracted modestly to 4.5K tons in 2022, almost unchanged from 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports reached the peak of 4.6K tons, leveling off in the following year.

In value terms, borates; peroxoborates (perborates) imports skyrocketed to $2.8M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Borates; Peroxoborates (Perborates) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1,7131,5521,9951,8983.5%
LuxembourgN/AN/AN/A5130%
Netherlands12312836.825327.2%
Germany21221910.910.4-63.4%
Others15412676.8119-8.2%
Total2,2022,0262,1202,7948.3%

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

  1. Finland (3542.0 tons)
  2. Luxembourg (789.8 tons)
  3. Netherlands (147.2 tons)
  4. Germany (3.7 tons)

Borates; Peroxoborates (Perborates) Exports in Denmark

In 2022, shipments abroad of borates; peroxoborates (perborates)s decreased by -64.4% to 9.7 tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 2.8%. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, borates; peroxoborates (perborates) exports shrank markedly to $27K in 2022. Over the period under review, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $85K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Borates; Peroxoborates (Perborates) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland31.111.210.416.2-19.5%
Norway36.268.950.411.0-32.8%
OthersN/A4.51.7N/A-62.2%
Total67.384.662.427.2-26.1%

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

  1. Finland (5.4 tons)
  2. Norway (4.3 tons)

Source: IndexBox Market Intelligence Platform

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