Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Lithuania - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Lithuania (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Lithuania
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Lithuania (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $5,345 per ton in 2022, jumping by 146% against the previous year. In general, the import price, however, showed a dramatic slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 1,560%. The import price peaked at $124,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($6,176 per ton), while the price for Germany amounted to $4,402 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-28.4%).
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Lithuania
For the fourth year in a row, Lithuania recorded growth in overseas purchases of borates; disodium tetraborate (refined borax), anhydroi, which increased by 21% to 116 kg in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 154%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi surged to $620 in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Lithuania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 139 | 155 | 151 | 427 | 45.4% |
| Hungary | N/A | N/A | N/A | 105 | 0% |
| Austria | N/A | 63.0 | N/A | 63.0 | 0.0% |
| Spain | N/A | N/A | 58.0 | N/A | 0% |
| Belgium | 12.0 | N/A | N/A | N/A | 0% |
| Others | 12.0 | N/A | N/A | 25.0 | 27.7% |
| Total | 163 | 218 | 209 | 620 | 56.1% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Lithuania in 2022:
- Germany (97.0 kg)
- Hungary (17.0 kg)
- Austria (1.0 kg)
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