Borates; Peroxoborates (Perborates) Price in Peru - 2021

Contents:

1. Borates; Peroxoborates (Perborates) Price in Peru (FOB) - 2022
2. Borates; Peroxoborates (Perborates) Price in Peru (CIF) - 2021
3. Borates; Peroxoborates (Perborates) Exports in Peru
4. Borates; Peroxoborates (Perborates) Imports in Peru

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

The average borates; peroxoborates (perborates) export price stood at $1,134 per ton in 2022, which is down by -3.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 28% against the previous year. The export price peaked at $1,171 per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($1,901 per ton), while the average price for exports to India ($993 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 Malaysia (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Price in Peru (CIF) - 2021

The average borates; peroxoborates (perborates) import price stood at $715 per ton in April 2020, which is down by -44.2% against the previous month. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in March 2020 when the average import price increased by 37% against the previous month. As a result, import price attained the peak level of $1,282 per ton, and then shrank sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was the United States ($756 per ton), while the price for Argentina stood at $367 per ton.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Turkey (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Borates; Peroxoborates (Perborates) Exports in Peru

In 2022, shipments abroad of borates; peroxoborates (perborates)s decreased by -10.4% to 7.5K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports reached the peak of 8.3K tons, and then declined in the following year.

In value terms, borates; peroxoborates (perborates) exports dropped to $8.5M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, the exports attained the peak of $9.8M, and then fell in the following year.

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

1. United States (1203.9 tons)
2. China (904.5 tons)
3. Brazil (872.5 tons)
4. India (823.6 tons)
5. South Africa (639.8 tons)
6. Colombia (522.0 tons)
7. Italy (386.0 tons)
8. Australia (327.5 tons)
9. Bangladesh (293.4 tons)
10. Pakistan (214.1 tons)
11. Costa Rica (200.6 tons)
12. Poland (171.9 tons)

Borates; Peroxoborates (Perborates) Imports in Peru

In 2022, borates; peroxoborates (perborates) imports into Peru reached 1.6K tons, flattening at 2021. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, borates; peroxoborates (perborates) imports contracted to $1.2M in 2022. Overall, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6% against the previous year.

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

1. United States (824.1 tons)
2. Turkey (718.5 tons)
3. Guatemala (43.0 tons)

Source: IndexBox Market Intelligence Platform