Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Luxembourg - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Luxembourg (FOB) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Luxembourg
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Luxembourg (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $771 per ton in 2022, picking up by 58% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,251 per ton), while the average price for exports to Belgium totaled $765 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.9%), while the prices for the other major destinations experienced a decline.
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Luxembourg
After three years of growth, overseas shipments of borates; disodium tetraborate (refined borax), anhydroi decreased by -60% to 1.4K tons in 2022. Over the period under review, exports, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 64% against the previous year.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi dropped significantly to $1.1M in 2022. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 74% against the previous year.
| Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 785 | 1,323 | 1,496 | 1,061 | 10.6% |
| Netherlands | N/A | 93.8 | N/A | 0.1 | -96.7% |
| Hungary | 59.5 | 75.6 | 19.7 | N/A | -42.5% |
| Italy | 20.0 | N/A | 170 | N/A | 191.5% |
| Others | 0.2 | 12.7 | 30.0 | 21.0 | 371.8% |
| Total | 865 | 1,505 | 1,716 | 1,082 | 7.7% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Luxembourg in 2022:
- Belgium (1386.9 tons)
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