Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey (FOB) - 2023
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey (FOB) - 2023
The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,221 per ton in November 2023, surging by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 30% m-o-m. As a result, the export price reached the peak level of $1,242 per ton; afterwards, it flattened through to November 2023.
Average prices varied noticeably for the major external markets. In November 2023, the countries with the highest prices were Cote d'Ivoire ($1,310 per ton) and Malaysia ($1,213 per ton), while the average price for exports to Chile ($1,210 per ton) and Spain ($1,210 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $93,308 per ton, picking up by 5.2% against the previous year. In general, the import price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2017 an increase of 2,816% against the previous year. The import price peaked at $110,000 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Germany ($102,138 per ton), while the price for the UK ($26,167 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 (+85.8%), while the prices for the other major suppliers experienced a decline.
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey
In 2022, exports of borates; disodium tetraborate (refined borax), anhydroi from Turkey expanded sharply to 33K tons, picking up by 7.4% on the previous year. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi soared to $28M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.4 | 4.2 | 3.9 | 4.5 | 9.8% |
| United States | 4.3 | 2.6 | 3.7 | 3.8 | -4.0% |
| China | 2.2 | 1.7 | 3.4 | 3.7 | 18.9% |
| Italy | 1.9 | 1.9 | 2.0 | 2.6 | 11.0% |
| Sweden | 1.1 | 1.1 | 1.5 | 2.0 | 22.1% |
| Japan | 0.4 | 0.3 | 0.7 | 1.8 | 65.1% |
| South Korea | 0.5 | 0.8 | 0.8 | 1.5 | 44.2% |
| Finland | 0.5 | 0.3 | 0.3 | 1.3 | 37.5% |
| Russia | 1.3 | 1.8 | 0.6 | 1.3 | 0.0% |
| India | N/A | 0.6 | 0.2 | 1.1 | 35.4% |
| Spain | 0.4 | 0.7 | 0.6 | 0.9 | 31.0% |
| Malaysia | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
| Others | 0.6 | 0.9 | 2.2 | 2.7 | 65.1% |
| Total | 16.6 | 16.9 | 20.1 | 27.8 | 18.8% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Turkey in 2022:
- Netherlands (5.9K tons)
- United States (5.3K tons)
- China (4.0K tons)
- Italy (3.2K tons)
- Sweden (2.5K tons)
- Japan (1.6K tons)
- South Korea (1.6K tons)
- Finland (1.5K tons)
- India (1.1K tons)
- Russia (1.1K tons)
- Spain (1.0K tons)
- Malaysia (0.6K tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Turkey
In 2022, imports of borates; disodium tetraborate (refined borax), anhydroi into Turkey skyrocketed to 182 kg, increasing by 70% on the previous year's figure. Overall, imports, however, saw a significant curtailment.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi soared to $17K in 2022. Over the period under review, imports posted 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.7 | 5.9 | 8.6 | 16.2 | 112.0% |
| United States | N/A | 0.3 | 0.2 | 0.3 | 0.0% |
| Spain | 2.5 | 0.2 | 0.1 | 0.3 | -50.7% |
| United Kingdom | 0.6 | 0.4 | 0.4 | 0.2 | -30.7% |
| Australia | 3.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | 0.3 | N/A | 0.0% |
| Total | 8.4 | 7.1 | 9.5 | 17.0 | 26.5% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Turkey in 2022:
- Germany (159.0 kg)
- United States (11.0 kg)
- United Kingdom (6.0 kg)
- Spain (6.0 kg)
324
This report provides an in-depth analysis of the borates and perborates market in Turkey.
533
This report provides an in-depth analysis of the escalator market in Turkey.
719
This report provides an in-depth analysis of the borates market in Turkey.
283
This report provides an in-depth analysis of the market for hot-rolled tool steel bar in Turkey.
454
This report provides an in-depth analysis of the global borates and perborates market.
1495
This report provides an in-depth analysis of the global escalator market.
973
This report provides an in-depth analysis of the global borates market.
365
Global Hot-Rolled Tool Steel Bar Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled tool steel bar.
324
This report provides an in-depth analysis of the borates and perborates market in Turkey.
454
This report provides an in-depth analysis of the global borates and perborates market.
566
In September 2022, the borates price stood at $444 per ton (FOB, Turkey), picking up by 9.8% against the previous month.
665
In value terms, moving, grading, levelling, scraping equipment imports amounted to $X in 2016. Overall, moving, grading, levelling, scraping equipment imports continue to indicate a pronounced decl...
750
In value terms, moving, grading, levelling, scraping equipment exports stood at $X in 2016. In general, moving, grading, levelling, scraping equipment exports continue to indicate a temperate desce...
853
In 2016, the global escalator imports totaled X tons, moving up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1653
In 2016, the global escalator imports totaled X tons, moving up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1410
China dominates in the global escalator and moving walkway trade. In 2014, China exported X thousand tons of escalators and moving walkways totaling X million USD, X% under the previous year. Its primary trading partner was the Republic of Korea,
769
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
885
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
1024
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...
1160
In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...
