Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Iran - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Iran (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Iran
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Iran (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $661 per ton, flattening at the previous year. Over the period under review, the import price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $6,407 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -18.9% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Iran
In 2022, imports of borates; disodium tetraborate (refined borax), anhydroi into Iran was estimated at 322 tons, therefore, remained relatively stable against the previous year. The total import volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi amounted to $213K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 125 | 138 | 74.6 | 192 | 15.4% |
| China | N/A | N/A | 125 | N/A | 0% |
| Others | 12.8 | 20.8 | 11.7 | 20.6 | 17.2% |
| Total | 138 | 159 | 212 | 213 | 15.6% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Iran in 2022:
- Turkey (319.9 tons)
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