Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,421 per ton in 2022, increasing by 1.7% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 114%. The export price peaked at $3,098 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($3,315 per ton), while the average price for exports to Kazakhstan ($1,152 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $1,158 per ton, surging by 77% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2018 when the average import price increased by 77% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,172 per ton), while the price for the Czech Republic ($651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary
After three years of growth, shipments abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -83% to 88 tons in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,143% against the previous year. As a result, the exports attained the peak of 521 tons, and then contracted remarkably in the following year.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi contracted markedly to $126K in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 868% against the previous year. As a result, the exports reached the peak of $728K, and then fell dramatically in the following year.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 48.4 | 0% |
| Russia | 8.1 | 36.2 | 366 | 32.7 | 59.2% |
| Germany | N/A | 34.8 | 354 | 31.4 | -5.0% |
| Saudi Arabia | N/A | N/A | N/A | 6.2 | 0% |
| Belarus | 0.5 | 0.5 | 0.3 | 5.0 | 115.4% |
| Others | 3.3 | 3.7 | 7.2 | 1.9 | -16.8% |
| Total | 11.9 | 75.2 | 728 | 126 | 119.6% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Hungary in 2022:
- Kazakhstan (42.0 tons)
- Germany (20.0 tons)
- Russia (20.0 tons)
- Saudi Arabia (4.0 tons)
- Belarus (1.5 tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into Hungary fell rapidly to 87 tons, reducing by -68.2% compared with 2021. Over the period under review, imports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 89%. As a result, imports reached the peak of 273 tons, and then contracted rapidly in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi reduced dramatically to $100K in 2022. Overall, imports faced a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports attained the peak of $179K, and then contracted remarkably in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 38.1 | 25.0 | 89.6 | 55.5 | 13.4% |
| Czech Republic | 35.4 | 2.8 | 1.6 | 10.8 | -32.7% |
| Italy | 25.3 | 5.7 | 37.2 | 10.4 | -25.6% |
| Netherlands | 14.7 | 10.7 | 8.8 | 4.6 | -32.1% |
| Germany | 48.9 | 64.5 | 14.8 | 4.6 | -54.5% |
| Luxembourg | N/A | 3.6 | 16.7 | N/A | 363.9% |
| Others | 0.3 | 19.7 | 9.9 | 14.4 | 263.4% |
| Total | 163 | 132 | 179 | 100 | -15.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Hungary in 2022:
- Poland (47.4 tons)
- Czech Republic (16.6 tons)
- Italy (15.9 tons)
- Netherlands (5.8 tons)
- Germany (0.5 tons)
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