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

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Colombia (CIF) - 2022
  2. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Colombia

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

In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $81,077 per ton, with an increase of 1,009% against the previous year. In general, the import price recorded a significant expansion. As a result, import price attained 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 Germany ($96,143 per ton), while the price for Spain ($44,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi imported into Colombia fell sharply to 13 kg, with a decrease of -97.6% against 2021. Overall, imports showed a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 44%.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi fell significantly to $1.1K in 2022. Over the period under review, imports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 68% against the previous year.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany42515746667316.6%
United States24034.010233712.0%
Spain20.011.015.044.030.1%
Turkey3,0021,7352,560N/A-7.7%
Others935470900N/A-1.9%
Total4,6222,4074,0431,054-38.9%

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

  1. Germany (7.0 kg)
  2. United States (5.0 kg)
  3. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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