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

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal

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

In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $1,403 per ton, dropping by -12.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 119% against the previous year. The import price peaked at $2,400 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,447 per ton), while the price for the UK ($872 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-4.2%), while the prices for the other major suppliers experienced a decline.

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal (FOB) - 2022

In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $9,100 per ton, jumping by 682% against the previous year. In general, the export price recorded significant growth. The export price peaked at $50,889 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +39.6% per year.

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

In 2022, purchases abroad of borates; disodium tetraborate (refined borax), anhydroi increased by 69% to 2.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a sharp curtailment.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi skyrocketed to $2.9K in 2022. Overall, imports, however, continue to indicate a precipitous shrinkage.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.13.01.51.9166.8%
United Kingdom163N/AN/A0.5-85.5%
Germany0.1N/A0.30.226.0%
Others0.10.10.20.344.2%
Total1633.12.02.9-73.9%

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

  1. Spain (1418.0 kg)
  2. United Kingdom (531.0 kg)
  3. Germany (94.0 kg)

Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal

In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi exported from Portugal shrank dramatically to 20 kg, waning by 99.9% compared with 2021 figures. In general, exports saw a significant decrease.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi fell remarkably to $182 in 2022. Over the period under review, exports recorded a sharp curtailment.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Portugal (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
NetherlandsN/A0.20%
Spain119N/A0%
France26.6N/A0%
OthersN/AN/A0%
Total1450.2-99.9%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Portugal in 2022:

  1. Netherlands (20.0 kg)

Source: IndexBox Market Intelligence Platform

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