Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sri Lanka - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sri Lanka (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sri Lanka
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sri Lanka (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $1,689 per ton, waning by -17.7% against the previous year. Over the period under review, the import price recorded a deep slump. The growth pace was the most rapid in 2017 when the average import price increased by 46%. Over the period under review, average import prices hit record highs at $2,952 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 China ($8,250 per ton), while the price for India stood at $1,656 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.6%), while the prices for the other major suppliers experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sri Lanka
In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), anhydroi was finally on the rise to reach 1 tons after two years of decline. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi soared to $1.7K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.0 | 6.0 | 2.0 | 1,697 | 496.4% |
| United Kingdom | 575 | 333 | 97.0 | N/A | -58.9% |
| Others | 19.0 | 7.0 | 18.0 | 51.0 | 39.0% |
| Total | 602 | 346 | 117 | 1,748 | 42.7% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Sri Lanka in 2022:
- India (1025.0 kg)
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