Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand - 2024
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $878 per ton, increasing by 54% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +85.8% against 2019 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 China ($2,136 per ton), while the price for the United States ($763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), 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 New Zealand (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,050 per ton in 2022, almost unchanged from the previous year. Overall, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 29%. The export price peaked at $1,467 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Samoa ($1,400 per ton), while the average price for exports to Fiji ($1,000 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 Australia (-2.9%), while the prices for the other major destinations experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand
In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -5.3% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.9% 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 +43.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 2.7K tons, and then reduced in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $2.3M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 52%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 225 | 164 | 855 | 1,261 | 77.6% |
| United States | 560 | 749 | 524 | 468 | -5.8% |
| China | 9.8 | 59.7 | 121 | 264 | 199.8% |
| Vietnam | N/A | N/A | N/A | 147 | 0% |
| Argentina | 23.3 | 26.9 | 35.3 | 99.0 | 62.0% |
| Others | 27.0 | 21.9 | 15.0 | 21.3 | -7.6% |
| Total | 845 | 1,021 | 1,550 | 2,259 | 38.8% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to New Zealand in 2022:
- Turkey (1545.4 tons)
- United States (612.8 tons)
- Vietnam (174.1 tons)
- China (123.4 tons)
- Argentina (106.3 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand
In 2022, shipments abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by 0% to 181 kg, falling for the second year in a row after two years of growth. Overall, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 479% against the previous year. As a result, the exports attained the peak of 14 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi amounted to $190 in 2022. In general, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 519%. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1.9 | 11.8 | N/A | 0.2 | -52.8% |
| Fiji | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Samoa | 0.1 | 0.4 | N/A | N/A | 300.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 12.5 | N/A | 0.2 | -53.6% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from New Zealand in 2022:
- Australia (174.0 kg)
- Samoa (5.0 kg)
- Fiji (1.0 kg)
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