Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $1,325 per ton, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,918 per ton), while the price for Turkey ($1,008 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $13,567 per ton in 2022, reducing by -56.3% against the previous year. Over the period under review, the export price, however, showed a tangible increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 670%. Over the period under review, the average export prices reached the peak figure at $54,261 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Eritrea ($110,194 per ton), while the average price for exports to Thailand ($2,745 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 Brazil (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia
In 2022, imports of borates; disodium tetraborate (refined borax), anhydroi into Australia surged to 2.1K tons, jumping by 62% against the previous year's figure. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.0% 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 increased by +68.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi surged to $2.8M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 834 | 1,128 | 915 | 1,959 | 32.9% |
| Turkey | 78.6 | 58.5 | 186 | 387 | 70.1% |
| Argentina | 77.2 | 29.9 | 66.6 | 189 | 34.8% |
| India | N/A | N/A | 3.0 | 164 | 5366.7% |
| China | N/A | 14.6 | 45.1 | 140 | 209.7% |
| Italy | 226 | N/A | N/A | N/A | 0% |
| Others | 17.9 | N/A | 208 | N/A | 240.9% |
| Total | 1,234 | 1,231 | 1,424 | 2,838 | 32.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Australia in 2022:
- United States (1421.3 tons)
- Turkey (384.0 tons)
- Argentina (144.0 tons)
- India (120.0 tons)
- China (72.8 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia
In 2022, exports of borates; disodium tetraborate (refined borax), anhydroi from Australia soared to 22 tons, jumping by 154% compared with the year before. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 205% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi rose markedly to $295K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 253% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.5 | N/A | 65.4 | 1043.7% |
| Brazil | 17.4 | 20.6 | 74.1 | 65.2 | 55.3% |
| Eritrea | 15.2 | N/A | 27.5 | 39.8 | 37.8% |
| Thailand | N/A | 2.0 | 2.2 | 6.9 | 85.7% |
| New Zealand | 5.6 | 6.7 | N/A | 4.2 | -9.1% |
| Papua New Guinea | N/A | N/A | N/A | 2.6 | 0% |
| United Kingdom | N/A | N/A | 11.3 | 1.8 | -84.1% |
| Djibouti | N/A | N/A | 13.2 | N/A | 0% |
| United States | N/A | 104 | 7.2 | N/A | -93.1% |
| New Caledonia | N/A | 29.7 | 53.9 | N/A | 81.5% |
| Egypt | N/A | 2.8 | N/A | N/A | 0% |
| Others | 20.1 | 39.0 | 76.3 | 109 | 75.7% |
| Total | 58.2 | 205 | 266 | 295 | 71.8% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Australia in 2022:
- China (16.2 tons)
- Thailand (2.5 tons)
- Brazil (1.2 tons)
- Papua New Guinea (0.8 tons)
- Eritrea (0.4 tons)
- United Kingdom (0.4 tons)
- New Zealand (0.2 tons)
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