Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil - 2024

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil (CIF) - 2022

In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $1,479 per ton, jumping by 21% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for borates; disodium tetraborate (refined borax), anhydroi increased by +62.3% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 43% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($1,857 per ton) and the United States ($1,508 per ton), while the price for Turkey ($1,299 per ton) and Argentina ($1,428 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil (FOB) - 2022

The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $6,291 per ton in 2022, flattening at the previous year. Over the period under review, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2020 a decrease of -2.8% against the previous year. The export price peaked at $9,805 per ton in 2012; however, from 2013 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 Argentina ($6,868 per ton), while the average price for exports to Canada stood at $909 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+31.6%).

Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil

In 2022, overseas purchases of borates; disodium tetraborate (refined borax), anhydroi decreased by -46% to 529 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a noticeable expansion. The growth pace was the most rapid in 2020 with an increase of 132% against the previous year. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi declined significantly to $783K in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 120%.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina11012516830840.9%
United States3861,001944295-8.6%
Turkey1.10.90.893.5339.7%
Australia16.724.959.078.967.8%
Others15.711.127.96.7-24.7%
Total5291,1621,19978314.0%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Brazil in 2022:

  1. Argentina (216.0 tons)
  2. United States (195.7 tons)
  3. Turkey (72.0 tons)
  4. Australia (42.5 tons)

Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil

In 2022, overseas shipments of borates; disodium tetraborate (refined borax), anhydroi decreased by 0% to 103 kg, falling for the second year in a row after two years of growth. Overall, exports enjoyed a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, the exports attained the peak of 120 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi stood at $648 in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 23%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Brazil (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina283N/AN/A62530.2%
CanadaN/AN/AN/A10.00%
HondurasN/A350N/AN/A0%
Others2.0N/AN/A13.086.6%
Total285350N/A64831.5%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Brazil in 2022:

  1. Argentina (91.0 kg)
  2. Canada (11.0 kg)

Source: IndexBox Market Intelligence Platform

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