Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Norway - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Norway (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Norway
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Norway (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $745 per ton, reducing by -11.6% against the previous year. Over the period under review, the import price recorded a pronounced setback. The growth pace was the most rapid in 2018 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $1,034 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -2.9% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Norway
In 2022, imports of borates; disodium tetraborate (refined borax), anhydroi into Norway contracted modestly to 2.3K tons, declining by -4.1% compared with 2021 figures. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports reached the peak of 2.4K tons, and then declined modestly in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi shrank sharply to $1.7M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of $2.1M, and then shrank sharply in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.6 | 1.4 | 2.1 | 1.7 | 2.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 1.4 | 2.1 | 1.7 | 2.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Norway in 2022:
- Sweden (2.3K tons)
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