Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Dominican Republic - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Dominican Republic (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Dominican Republic
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Dominican Republic (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,254 per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 26% against the previous year. Over the period under review, average import prices attained the peak figure at $1,424 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +12.9% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Dominican Republic
In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), anhydroi decreased by 0% to 20 tons, falling for the second year in a row after two years of growth. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 100% against the previous year. As a result, imports reached the peak of 39 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 amounted to $25K in 2022. In general, imports continue to indicate modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 98%. As a result, imports attained the peak of $47K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.5 | 42.5 | 20.2 | 24.6 | 8.1% |
| Germany | 4.3 | 4.7 | 4.3 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.8 | 47.2 | 24.5 | 24.6 | 1.1% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to the Dominican Republic in 2022:
- United States (19.6 tons)
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