Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Oman - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Oman (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Oman
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Oman (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $718 per ton, declining by -35.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 11% against the previous year. Over the period under review, average import prices reached the maximum at $1,708 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 the UK ($4,162 per ton), while the price for Turkey ($345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Oman
In 2022, after two years of decline, there was significant growth in supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi, when their volume increased by 155% to 57 tons. In general, imports enjoyed a significant expansion. 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 $41K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some 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.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.7 | 9.2 | 8.8 | 14.7 | 29.9% |
| Turkey | 21.6 | 12.7 | 10.2 | 14.3 | -12.8% |
| United Arab Emirates | 3.0 | 3.2 | 4.4 | 8.7 | 42.6% |
| Others | 3.5 | 2.4 | 1.7 | 3.3 | -1.9% |
| Total | 34.7 | 27.5 | 25.0 | 41.0 | 5.7% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Oman in 2022:
- Turkey (41.6 tons)
- United Arab Emirates (8.2 tons)
- France (6.1 tons)
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