Borates; Peroxoborates (Perborates) Price in Serbia - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Serbia (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Serbia (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Serbia
- Borates; Peroxoborates (Perborates) Exports in Serbia
Borates; Peroxoborates (Perborates) Price in Serbia (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $1,060 per ton in 2022, growing by 27% against the previous year. Overall, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,057 per ton), while the price for Slovenia totaled $1,025 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+6.4%).
Borates; Peroxoborates (Perborates) Price in Serbia (FOB) - 2022
The average borates; peroxoborates (perborates) export price stood at $723 per ton in 2022, shrinking by -15.2% against the previous year. Over the period under review, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices hit record highs at $1,089 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($861 per ton), while the average price for exports to North Macedonia ($694 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 Bosnia and Herzegovina (-0.9%), while the prices for the other major destinations experienced a decline.
Borates; Peroxoborates (Perborates) Imports in Serbia
In 2022, borates; peroxoborates (perborates) imports into Serbia skyrocketed to 348 tons, surging by 16% compared with the year before. In general, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, borates; peroxoborates (perborates) imports soared to $369K in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 75%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Borates; Peroxoborates (Perborates) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 132 | 40.7 | 53.6 | 223 | 19.1% |
| Turkey | 63.8 | 90.9 | 180 | 133 | 27.7% |
| Others | 7.3 | 11.5 | 16.8 | 12.9 | 20.9% |
| Total | 203 | 143 | 251 | 369 | 22.0% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Serbia in 2022:
- Slovenia (217.4 tons)
- Turkey (126.2 tons)
Borates; Peroxoborates (Perborates) Exports in Serbia
In 2022, approx. 95 tons of borates; peroxoborates (perborates)s were exported from Serbia; with an increase of 950% on 2021 figures. In general, exports, however, continue to indicate a abrupt contraction.
In value terms, borates; peroxoborates (perborates) exports surged to $69K in 2022. Over the period under review, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Borates; Peroxoborates (Perborates) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | N/A | N/A | 59.6 | 0% |
| Bosnia and Herzegovina | 4.4 | 5.5 | 6.8 | 6.5 | 13.9% |
| North Macedonia | N/A | N/A | N/A | 2.2 | 0% |
| Poland | 54.4 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.3 | 0.9 | 0.3 | -9.1% |
| Total | 59.2 | 5.8 | 7.7 | 68.5 | 5.0% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Serbia in 2022:
- Iran (84.0 tons)
- Bosnia and Herzegovina (7.6 tons)
- North Macedonia (3.1 tons)
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