Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $786 per ton in 2022, surging by 23% against the previous year. Overall, the export price showed slight growth. The growth pace was the most rapid in 2014 an increase of 80% against the previous year. Over the period under review, the average export prices attained the maximum at $1,663 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,352 per ton), while the average price for exports to Latvia ($592 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 Poland (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $759 per ton in 2022, declining by -49.9% against the previous year. Over the period under review, the import price, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2021 an increase of 164%. As a result, import price reached the peak level of $1,517 per ton, and then dropped notably in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($772 per ton), while the price for Finland ($659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania
In 2022, exports of borates; disodium tetraborate (refined borax), other than anhydroi from Lithuania surged to 196 tons, jumping by 985% on 2021 figures. Over the period under review, 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 surged to $154K in 2022. In general, exports recorded 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 Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 0.1 | 3.0 | 8.8 | 148 | 1039.6% |
| Latvia | 1.7 | 0.1 | 2.5 | 2.2 | 9.0% |
| Russia | 9.8 | 6.2 | 0.1 | 0.1 | -78.3% |
| Others | N/A | N/A | 0.2 | 4.5 | 2150.0% |
| Total | 11.6 | 9.4 | 11.6 | 154 | 136.8% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Lithuania in 2022:
- Belarus (190.0 tons)
- Latvia (3.7 tons)
- Russia (0.1 tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania
In 2022, overseas purchases of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -24.5% to 99 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 131 tons, and then fell dramatically in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi reduced notably to $75K in 2022. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 224% against the previous year. As a result, imports reached the peak of $198K, and then shrank remarkably in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 12.7 | 20.5 | 7.9 | 58.6 | 66.5% |
| Finland | 35.6 | 37.4 | 48.8 | 6.8 | -42.4% |
| Poland | 1.5 | 1.6 | 1.5 | 2.7 | 21.6% |
| Sweden | N/A | N/A | 13.9 | N/A | 0% |
| Others | 3.1 | 1.7 | 126 | 6.9 | 30.6% |
| Total | 53.0 | 61.3 | 198 | 75.0 | 12.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Lithuania in 2022:
- Latvia (87.3 tons)
- Finland (10.4 tons)
- Poland (3.5 tons)
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