Borates; Peroxoborates (Perborates) Price in Iran - 2021

Contents:

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

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

The average borates; peroxoborates (perborates) import price stood at $567 per ton in 2022, falling by -11.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable decline. The growth pace was the most rapid in 2013 an increase of 11%. The import price peaked at $1,066 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 China ($943 per ton), while the price for Turkey ($371 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average borates; peroxoborates (perborates) export price amounted to $2,526 per ton, with an increase of 12% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 77%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($4,669 per ton), while the average price for exports to Azerbaijan totaled $419 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+54.2%), while the prices for the other major destinations experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Imports in Iran

In 2022, borates; peroxoborates (perborates) imports into Iran contracted remarkably to 3.6K tons, which is down by -43% against the previous year. Over the period under review, imports faced a sharp descent. The growth pace was the most rapid in 2021 with an increase of 29%.

In value terms, borates; peroxoborates (perborates) imports fell notably to $2M in 2022. Overall, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year.

Import of Borates; Peroxoborates (Perborates) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3,7201,3962,801909-37.5%
China6067407846220.9%
Canada206191185150-10.0%
United Arab Emirates51.840497.766.98.9%
SerbiaN/AN/AN/A47.70%
Others279266197245-4.2%
Total4,8632,9974,0642,041-25.1%

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

  1. Turkey (2451.0 tons)
  2. China (659.8 tons)
  3. Canada (179.0 tons)
  4. United Arab Emirates (86.0 tons)
  5. Serbia (75.2 tons)

Borates; Peroxoborates (Perborates) Exports in Iran

For the third year in a row, Iran recorded decline in shipments abroad of borates; peroxoborates (perborates)s, which decreased by -12.7% to 829 kg in 2022. Over the period under review, exports showed a abrupt descent.

In value terms, borates; peroxoborates (perborates) exports contracted slightly to $2.1K in 2022. In general, exports continue to indicate a perceptible reduction. The smallest decline of -2.4% was in 2020.

Export of Borates; Peroxoborates (Perborates) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia1.91.91.91.90.0%
Azerbaijan0.30.30.20.2-12.6%
OthersN/AN/AN/AN/A0%
Total2.32.22.12.1-3.0%

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

  1. Azerbaijan (418.0 kg)
  2. Armenia (411.0 kg)

Source: IndexBox Market Intelligence Platform

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