Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Morocco - 2023

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Morocco (CIF) - 2022
  2. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Morocco

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Morocco (CIF) - 2022

The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $26,500 per ton in 2022, picking up by 6,238% against the previous year. Overall, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -5.4% per year.

Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Morocco

In 2022, purchases abroad of borates; disodium tetraborate (refined borax), anhydroi decreased by 99.9% to 2 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 7.8%. As a result, imports reached the peak of 66 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi fell rapidly to $53 in 2022. In general, imports continue to indicate a dramatic decline. The smallest decline of -0.4% was in 2021.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.20.70.20.1-56.3%
Spain2.45.010.5N/A109.2%
Turkey22.820.615.7N/A-17.0%
Others1.00.90.8N/A-10.6%
Total27.427.327.20.1-84.6%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Morocco in 2022:

  1. India (2.0 kg)

Source: IndexBox Market Intelligence Platform

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