Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $542 per ton in 2022, which is down by -21.1% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2021 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $751 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Peru ($725 per ton) and Argentina ($538 per ton), while the price for China ($538 per ton) and Turkey ($538 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced a decline.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $735 per ton in 2022, rising by 30% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $737 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +0.8% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into Bolivia surged to 833 tons, jumping by 514% compared with 2021. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $452K in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | 3.7 | 385 | 10305.4% |
Argentina | 89.6 | 56.6 | 66.3 | 50.9 | -17.2% |
China | 6.8 | 14.2 | 7.9 | 4.2 | -14.8% |
Others | 6.0 | 6.3 | 15.4 | 11.5 | 24.2% |
Total | 102 | 77.2 | 93.3 | 452 | 64.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Bolivia in 2022:
- Turkey (716.7 tons)
- Argentina (94.6 tons)
- China (7.8 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi exported from Bolivia shrank to 451 tons, declining by -5.3% compared with the previous year. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 192,613%. As a result, the exports attained the peak of 476 tons, and then shrank in the following year.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $331K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 186,701%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 15.4 | 0.1 | 269 | 331 | 178.0% |
Peru | 34.4 | N/A | N/A | N/A | 0% |
Philippines | 54.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 104 | 0.1 | 269 | 331 | 47.1% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Bolivia in 2022:
- Colombia (450.8 tons)
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