Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Nepal - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Nepal (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Nepal
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Nepal (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $932 per ton, increasing by 42% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for borates; disodium tetraborate (refined borax), other than anhydroi increased by +65.2% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,547 per ton), while the price for China ($630 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), 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 Nepal
In 2022, approx. 107 tons of borates; disodium tetraborate (refined borax), other than anhydroi were imported into Nepal; almost unchanged from the previous year. Overall, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 24%. As a result, imports reached the peak of 232 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $100K in 2022. Over the period under review, imports, however, continue to indicate a mild setback.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 45.6 | 40.3 | 40.7 | 48.4 | 2.0% |
| Turkey | 11.4 | 20.9 | 16.6 | 22.6 | 25.6% |
| United States | 12.7 | 20.6 | 11.5 | 17.6 | 11.5% |
| China | 12.5 | 15.1 | 1.5 | 11.5 | -2.7% |
| Argentina | 23.8 | 40.4 | N/A | N/A | 69.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 106 | 137 | 70.3 | 100 | -1.9% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Nepal in 2022:
- Turkey (33.1 tons)
- India (31.3 tons)
- United States (24.8 tons)
- China (18.2 tons)
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