Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Latvia - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Latvia (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Latvia
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Latvia (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $42,000 per ton, surging by 2,905% against the previous year. Over the period under review, the import price saw resilient growth. Over the period under review, average import prices hit record highs at $69,250 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to -9.4% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Latvia
After three years of growth, purchases abroad of borates; disodium tetraborate (refined borax), anhydroi decreased by 99.9% to 1 kg in 2022. Overall, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 247%. As a result, imports reached the peak of 14 tons, and then contracted markedly in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi fell remarkably to $42 in 2022. In general, imports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.4 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | 0.2 | N/A | 0% |
| Turkey | N/A | 13.7 | 18.8 | N/A | 37.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | 13.7 | 19.1 | N/A | 60.7% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Latvia in 2022:
- Germany (1.0 kg)
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