Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel - 2023

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel (CIF) - 2022
  2. Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel

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

The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $581 per ton in 2022, increasing by 25% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $600 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,625 per ton), while the price for France ($468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into Israel surged to 298 tons, jumping by 19% against the previous year's figure. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 $173K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey10475.41001215.2%
South AfricaN/A19.1N/A33.833.0%
Netherlands7.47.37.17.0-1.8%
Germany1.86.43.94.737.7%
Others6.62.84.76.5-0.5%
Total12011111617313.0%

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

  1. Turkey (206.4 tons)
  2. South Africa (57.6 tons)
  3. Netherlands (14.4 tons)
  4. Germany (8.0 tons)

Source: IndexBox Market Intelligence Platform

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