Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,407 per ton in 2022, increasing by 33% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 37% against the previous year. Over the period under review, the average export prices attained the maximum at $2,504 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($1,370 per ton), while the average price for exports to Belarus stood at $1,369 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+7.3%), while the prices for the other major destinations experienced a decline.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $2,261 per ton in 2022, growing by 157% against the previous year. Overall, the import price showed a buoyant 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 Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.9% per year.
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia
In 2022, approx. 231 tons of borates; disodium tetraborate (refined borax), anhydroi were exported from Russia; waning by -25.6% on 2021 figures. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. As a result, the exports reached the peak of 310 tons, and then shrank notably in the following year.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi reduced modestly to $324K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 81%. As a result, the exports reached the peak of $327K, leveling off in the following year.
Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 36.7 | 47.9 | 60.3 | 303 | 102.1% |
Belarus | 13.7 | 12.6 | 16.0 | 11.5 | -5.7% |
Uzbekistan | 181 | 112 | 241 | N/A | 15.4% |
Others | 15.8 | 8.6 | 9.7 | 10.0 | -14.1% |
Total | 247 | 181 | 327 | 324 | 9.5% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Russia in 2022:
- Kazakhstan (221.1 tons)
- Belarus (8.4 tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia
In 2022, overseas purchases of borates; disodium tetraborate (refined borax), anhydroi decreased by -58.7% to 311 tons, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. As a result, imports attained the peak of 3.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi expanded significantly to $703K in 2022. Over the period under review, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 115%. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.4 | 1.1 | 3.0 | 468 | 594.0% |
United States | 163 | 1,310 | 40.7 | N/A | -50.0% |
Turkey | 1,365 | 1,980 | 618 | N/A | -32.7% |
Others | 1.7 | 2.3 | 0.8 | 235 | 417.1% |
Total | 1,531 | 3,293 | 662 | 703 | -22.9% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Russia in 2022:
- Germany (311.0 tons)
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