Borates; Peroxoborates (Perborates) Price in Norway - 2023

Contents:

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

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

The average borates; peroxoborates (perborates) export price stood at $64,893 per ton in 2022, surging by 1,228% against the previous year. Over the period under review, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2016 to 2022, the rate of growth in terms of prices for Sweden amounted to +25.5% per year.

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

In 2022, the average borates; peroxoborates (perborates) import price amounted to $9,118 per ton, rising by 147% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $10,850 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 France ($55,012 per ton), while the price for Denmark ($1,930 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.4%), while the prices for the other major suppliers experienced a decline.

Borates; Peroxoborates (Perborates) Exports in Norway

In 2022, borates; peroxoborates (perborates) exports from Norway shrank sharply to 31 kg, waning by -99.9% compared with the previous year. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 11,620%. As a result, the exports reached the peak of 28 tons, and then contracted remarkably in the following year.

In value terms, borates; peroxoborates (perborates) exports reduced markedly to $2K in 2022. Overall, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 53,426%. As a result, the exports reached the peak of $139K, and then reduced rapidly in the following year.

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

1. Sweden (31.0 kg)

Borates; Peroxoborates (Perborates) Imports in Norway

In 2022, purchases abroad of borates; peroxoborates (perborates)s decreased by -68.5% to 8.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 50% against the previous year. As a result, imports reached the peak of 30 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, borates; peroxoborates (perborates) imports fell significantly to $75K in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 decreased by -38.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. As a result, imports reached the peak of $124K. From 2021 to 2022, the growth of imports failed to regain momentum.

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

1. Denmark (4.8 tons)
2. Germany (2.6 tons)
3. Turkey (0.5 tons)
4. France (0.2 tons)

Source: IndexBox Market Intelligence Platform