Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Egypt - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Egypt (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Egypt
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Egypt (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $953 per ton, rising by 26% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 100% against the previous year. Over the period under review, average import prices attained the maximum at $1,347 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($953 per ton), while the price for China amounted to $953 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.5%).
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Egypt
In 2022, after three years of growth, there was significant decline in purchases abroad of borates; disodium tetraborate (refined borax), anhydroi, when their volume decreased by -84.7% to 66 tons. In general, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 212%. As a result, imports attained the peak of 433 tons, and then shrank significantly in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi dropped sharply to $63K in 2022. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 202%. As a result, imports attained the peak of $329K, and then reduced notably in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.5 | N/A | 101 | 61.5 | -4.0% |
| Turkey | 15.1 | 74.1 | 41.3 | 1.1 | -58.2% |
| Argentina | N/A | 21.2 | N/A | N/A | 0% |
| Slovenia | 12.8 | N/A | N/A | N/A | 0% |
| France | N/A | 5.4 | N/A | N/A | 0% |
| Others | N/A | 8.0 | 186 | 0.4 | -77.6% |
| Total | 97.4 | 109 | 329 | 63.0 | -13.5% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Egypt in 2022:
- China (64.5 tons)
- Turkey (1.2 tons)
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