Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon - 2022

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon

Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon (CIF) - 2022

The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $631 per ton in 2022, with an increase of 18% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. Over the period under review, average import prices attained the maximum at $907 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,867 per ton), while the price for the Netherlands ($544 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon (FOB) - 2022

In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $1,411 per ton, picking up by 2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 83% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Gabon.

From 2012 to 2022, the rate of growth in terms of prices for Gabon amounted to +0.0% per year.

Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon

In 2022, purchases abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -97.8% to 19 tons, falling for the second year in a row after two years of growth. In general, imports saw a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi shrank markedly to $12K in 2022. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. As a result, imports attained the peak of $596K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands21.17.31737.7-28.5%
United States4345752653.9-79.2%
Others24.313.311.60.2-79.8%
Total48059645011.8-70.9%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Cameroon in 2022:

  1. Netherlands (14.2 tons)
  2. United States (4.5 tons)

Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon

In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi exported from Cameroon skyrocketed to 6.7 tons, picking up by 17% compared with 2021 figures. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 17%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $9.5K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon5.56.67.99.520.0%
OthersN/AN/AN/AN/A0%
Total5.56.67.99.520.0%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Cameroon in 2022:

  1. Gabon (6.7 tons)

Source: IndexBox Market Intelligence Platform

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