Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy (FOB) - 2023
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $410 per ton, picking up by 5.1% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2021 an increase of 5.9%. The import price peaked at $523 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Luxembourg ($704 per ton), while the price for Turkey ($403 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+1.8%), 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 Italy (FOB) - 2023
In September 2023, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $856 per ton, increasing by 18% against the previous month. Overall, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in April 2023 an increase of 76% against the previous month. Over the period under review, the average export prices hit record highs at $1,599 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($4,858 per ton), while the average price for exports to Switzerland amounted to $714 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+19.4%), 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 Italy
In 2022, imports of borates; disodium tetraborate (refined borax), other than anhydroi into Italy surged to 26K tons, with an increase of 22% against the previous year's figure. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $11M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +60.3% against 2020 indices. 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.9 | 6.2 | 7.4 | 10.0 | 13.2% |
| Netherlands | 0.4 | 0.2 | 0.5 | 0.2 | -20.6% |
| Others | 0.4 | 0.1 | 0.2 | 0.3 | -9.1% |
| Total | 7.7 | 6.6 | 8.2 | 10.5 | 10.9% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Italy in 2022:
- Turkey (24.8K tons)
- Netherlands (0.3K tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy
In 2022, exports of borates; disodium tetraborate (refined borax), other than anhydroi from Italy surged to 10K tons, increasing by 106% against 2021 figures. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $6.1M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 93.8 | 106 | 114 | 1,365 | 144.1% |
| Switzerland | 1,340 | 1,066 | 1,385 | 1,306 | -0.9% |
| Saudi Arabia | 133 | 176 | 375 | 887 | 88.2% |
| Czech Republic | 0.3 | N/A | 139 | 451 | 1045.6% |
| Austria | 48.9 | 45.4 | 29.6 | 282 | 79.3% |
| France | 111 | 26.6 | 156 | 259 | 32.6% |
| Slovakia | N/A | N/A | 37.3 | 235 | 530.0% |
| Croatia | 149 | 167 | 158 | 112 | -9.1% |
| Others | 468 | 538 | 650 | 1,176 | 36.0% |
| Total | 2,343 | 2,125 | 3,043 | 6,072 | 37.4% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Italy in 2022:
- Slovenia (3.2K tons)
- Switzerland (2.9K tons)
- Czech Republic (1.0K tons)
- Saudi Arabia (0.7K tons)
- Austria (0.7K tons)
- Slovakia (0.7K tons)
- France (0.4K tons)
- Croatia (0.2K tons)
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