Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Venezuela - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Venezuela (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Venezuela
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Venezuela (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $14,272 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 1,246%. The import price peaked at $25,413 per ton in 2013; however, from 2014 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 China amounted to +161.1% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Venezuela
Imports of borates; disodium tetraborate (refined borax), anhydroi into Venezuela amounted to 456 kg in 2022, picking up by 2.7% against the year before. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 3.7% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi totaled $6.5K in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 1.3%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.6 | 5.7 | 5.8 | 5.9 | 1.8% |
| United States | 0.7 | 0.6 | 0.6 | 0.6 | -5.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.3 | 6.3 | 6.4 | 6.5 | 1.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Venezuela in 2022:
- United States (451.0 kg)
- Germany (5.0 kg)
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