Borates; Peroxoborates (Perborates) Price in Venezuela - 2022

Contents:

  1. Borates; Peroxoborates (Perborates) Price in Venezuela (CIF) - 2022
  2. Borates; Peroxoborates (Perborates) Imports in Venezuela

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

In 2022, the average borates; peroxoborates (perborates) import price amounted to $1,910 per ton, with an increase of 40% against the previous year. Overall, the import price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Colombia ($2,188 per ton), while the price for the United States ($493 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Imports in Venezuela

After two years of decline, purchases abroad of borates; peroxoborates (perborates)s increased by 81% to 46 tons in 2022. Over the period under review, imports, however, continue to indicate a precipitous contraction.

In value terms, borates; peroxoborates (perborates) imports surged to $88K in 2022. In general, imports, however, saw a relatively flat trend pattern.

Import of Borates; Peroxoborates (Perborates) in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama53.236.821.951.7-0.9%
Italy6.76.35.116.434.8%
Turkey8.15.53.27.3-3.4%
Colombia9.14.31.04.6-20.3%
Slovenia1.71.10.61.4-6.3%
United States5.52.51.21.1-41.5%
Canada0.70.50.30.84.6%
Others3.22.21.44.713.7%
Total88.359.334.888.1-0.1%

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

  1. Panama (25.0 tons)
  2. Italy (7.9 tons)
  3. Turkey (4.6 tons)
  4. United States (2.3 tons)
  5. Colombia (2.1 tons)
  6. Canada (1.6 tons)
  7. Slovenia (0.7 tons)

Source: IndexBox Market Intelligence Platform

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