Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France (CIF) - 2023
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France (FOB) - 2023
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France (CIF) - 2023
In September 2023, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $700 per ton, jumping by 18% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +4.1%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 20% against the previous month. The import price peaked in September 2023.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to September 2023, the rate of growth in terms of prices for Turkey amounted to +15.9% per month.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France (FOB) - 2023
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $689 per ton in September 2023, with a decrease of -7% against the previous month. In general, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in June 2023 an increase of 35% m-o-m. The export price peaked at $1,081 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($21,937 per ton), while the average price for exports to Madagascar ($1,445 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into France skyrocketed to 42K tons, growing by 35% compared with the year before. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 104%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $18M in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 101%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.1 | 0.2 | 4.6 | 10.2 | 35.5% |
| Luxembourg | 0.6 | 4.2 | 6.6 | 6.0 | 115.4% |
| Netherlands | 0.3 | 0.7 | 0.8 | 0.8 | 38.7% |
| Belgium | 0.7 | 0.6 | 0.2 | 0.1 | -47.7% |
| United Kingdom | 0.2 | 0.3 | N/A | N/A | 50.0% |
| United States | 0.8 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.4 | 0.4 | 1.0 | 49.4% |
| Total | 6.9 | 6.2 | 12.6 | 18.1 | 37.9% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to France in 2022:
- Turkey (25.3K tons)
- Luxembourg (13.9K tons)
- Netherlands (1.8K tons)
- Belgium (0.2K tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France
In 2022, approx. 7K tons of borates; disodium tetraborate (refined borax), other than anhydroi were exported from France; jumping by 59% on the previous year. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 59,021% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi skyrocketed to $4.5M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 67,110% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.6 | 1.4 | 690 | 1,396 | 529.4% |
| Spain | N/A | N/A | 1,328 | 1,226 | -7.7% |
| Portugal | 0.1 | 0.1 | 82.0 | 714 | 1825.6% |
| United States | N/A | N/A | 326 | 536 | 64.4% |
| Germany | 0.2 | 0.1 | 145 | 359 | 1115.3% |
| Belgium | 14.0 | N/A | 334 | 58.5 | 61.1% |
| Others | 5.3 | 3.1 | 290 | 260 | 266.1% |
| Total | 25.1 | 4.8 | 3,195 | 4,549 | 465.9% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from France in 2022:
- Netherlands (2862.0 tons)
- Spain (2104.2 tons)
- Portugal (1133.4 tons)
- Germany (465.0 tons)
- United States (160.0 tons)
- Belgium (22.7 tons)
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