Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands (FOB) - 2023
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $782 per ton in 2022, picking up by 6.5% against the previous year. Overall, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2015 an increase of 65% against the previous year. Over the period under review, average import prices hit record highs at $1,147 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($852 per ton), while the price for the United States amounted to $782 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands (FOB) - 2023
The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $2,620 per ton in October 2023, rising by 111% against the previous month. In general, the export price recorded a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +4.1% per month.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands
In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), anhydroi decreased by -13.8% to 6.6K tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 3,346%. As a result, imports reached the peak of 8.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi declined to $5.1M in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 2,742%. As a result, imports reached the peak of $6.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 6.3 | N/A | 5.1 | -10.0% |
United Kingdom | 0.2 | 0.2 | N/A | N/A | 0.0% |
Others | N/A | 0.1 | 5.6 | N/A | 5500.0% |
Total | 0.2 | 6.6 | 5.6 | 5.1 | 194.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to the Netherlands in 2022:
- United States (6.5K tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands
In 2022, after three years of growth, there was significant decline in shipments abroad of borates; disodium tetraborate (refined borax), anhydroi, when their volume decreased by -87.5% to 1.7K tons. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,388% against the previous year.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi plummeted to $1.5M in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,048% against the previous year.
Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in the Netherlands (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | 714 | N/A | 1,010 | 18.9% |
Spain | N/A | 242 | 280 | 462 | 38.2% |
United Kingdom | 14.8 | 163 | 254 | 0.4 | -70.0% |
Russia | N/A | 757 | N/A | N/A | 0% |
India | 155 | N/A | N/A | N/A | 0% |
Italy | 236 | N/A | 603 | N/A | 59.8% |
Others | 40.7 | 7,718 | 9,571 | 73.2 | 21.6% |
Total | 447 | 9,594 | 10,708 | 1,546 | 51.2% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from the Netherlands in 2022:
- Germany (952.7 tons)
- Spain (658.5 tons)
- United Kingdom (0.5 tons)
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