Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in New Zealand - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in New Zealand (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in New Zealand
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in New Zealand (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,720 per ton in 2022, picking up by 6.6% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure at $4,710 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($6,400 per ton), while the price for China ($1,698 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.8%), while the prices for the other major suppliers experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in New Zealand
In 2022, approx. 10 tons of borates; disodium tetraborate (refined borax), anhydroi were imported into New Zealand; growing by 158% against the previous year. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,845% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi skyrocketed to $17K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 6,298%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | N/A | 2.8 | 17.0 | 157.1% |
| United States | 0.5 | N/A | N/A | 0.1 | -41.5% |
| Turkey | N/A | N/A | 0.4 | N/A | 0% |
| Others | 0.9 | N/A | 3.1 | 0.3 | -30.7% |
| Total | 2.4 | 0.1 | 6.3 | 17.4 | 93.5% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to New Zealand in 2022:
- China (10.0 tons)
- United States (0.1 tons)
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