Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus (CIF) - 2022
In March 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $678 per ton, therefore, remained relatively stable against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in February 2022 when the average import price increased by 14% against the previous month. The import price peaked in March 2022.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Turkey ($724 per ton), while the price for Russia amounted to $672 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.3%).
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,704 per ton in 2022, flattening at the previous year. Overall, the export price recorded temperate growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 132%. Over the period under review, the average export prices reached the peak figure at $2,283 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,729 per ton), while the average price for exports to Kazakhstan totaled $1,330 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus
In 2022, after three years of growth, there was significant decline in overseas purchases of borates; disodium tetraborate (refined borax), other than anhydroi, when their volume decreased by -82.7% to 416 tons. In general, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of 2.4K tons, and then shrank significantly in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi contracted notably to $331K in 2022. Overall, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of $1.4M, and then declined rapidly in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 990 | 1,085 | 1,273 | 263 | -35.7% |
| Lithuania | 6.5 | 2.7 | 8.3 | 28.6 | 63.9% |
| Poland | 68.0 | 43.2 | 22.3 | 16.0 | -38.3% |
| Turkey | 65.8 | 48.0 | 31.3 | 10.4 | -45.9% |
| Latvia | 54.9 | 34.8 | 21.8 | 1.7 | -68.6% |
| Others | 51.4 | 34.4 | 47.4 | 11.1 | -40.0% |
| Total | 1,236 | 1,248 | 1,405 | 331 | -35.5% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Belarus in 2022:
- Russia (348.3 tons)
- Lithuania (28.3 tons)
- Poland (14.8 tons)
- Turkey (13.1 tons)
- Latvia (1.8 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus
Exports of borates; disodium tetraborate (refined borax), other than anhydroi from Belarus shrank rapidly to 4.2 tons in 2022, reducing by -26% on 2021. In general, exports showed a significant decline. The growth pace was the most rapid in 2021 with an increase of 120%.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi fell markedly to $7.1K in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.6 | 4.5 | 4.6 | 6.8 | 37.8% |
| Kazakhstan | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Ukraine | 9.7 | N/A | 4.6 | N/A | -31.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.4 | 4.7 | 9.5 | 7.1 | -17.0% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Belarus in 2022:
- Russia (3.9 tons)
- Kazakhstan (0.3 tons)
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