Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru - 2022

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru

Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru (CIF) - 2022

The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $843 per ton in 2022, increasing by 40% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Ecuador ($2,296 per ton), while the price for Argentina ($488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+6.0%), 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 Peru (FOB) - 2022

The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,534 per ton in 2022, with an increase of 34% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 80% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,253 per ton), while the average price for exports to the Netherlands ($792 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 Germany (+18.4%), 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 Peru

In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into Peru rose significantly to 1.4K tons, surging by 9.3% on 2021 figures. Overall, imports, however, faced a deep contraction.

In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $1.2M in 2022. In general, imports showed a relatively flat trend pattern. 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 Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey14217042962163.5%
United States897548264206-38.8%
EcuadorN/AN/AN/A1640%
Argentina5.46.613.3118179.6%
Guatemala31.831.338.739.77.7%
Bolivia52.6N/AN/AN/A0%
Others27.17.37.46.5-37.9%
Total1,1567637531,1560.0%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Peru in 2022:

  1. Turkey (756.0 tons)
  2. United States (244.7 tons)
  3. Argentina (242.8 tons)
  4. Ecuador (71.5 tons)
  5. Guatemala (51.5 tons)

Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru

For the third consecutive year, Peru recorded decline in overseas shipments of borates; disodium tetraborate (refined borax), other than anhydroi, which decreased by -47% to 175 tons in 2022. Over the period under review, exports showed a significant decrease. The smallest decline of -7% was in 2021.

In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi dropped remarkably to $268K in 2022. Overall, exports continue to indicate a abrupt setback. The smallest decline of -5.2% was in 2020.

Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia99.196.190.065.3-13.0%
United States35.466.928.733.5-1.8%
Belgium41.641.840.530.4-9.9%
India19.518.963.022.14.3%
Germany20.022.224.020.00.0%
Vietnam16.418.820.717.72.6%
Guatemala16.317.417.814.2-4.5%
Netherlands28.924.820.613.2-23.0%
South Africa16.616.815.110.8-13.3%
Thailand10.911.812.510.1-2.5%
Mexico11.210.910.37.5-12.5%
Colombia11.810.38.16.6-17.6%
United Arab Emirates58.2N/AN/AN/A0%
Others51.558.125.716.8-31.2%
Total437415377268-15.0%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Peru in 2022:

  1. Malaysia (57.8 tons)
  2. Belgium (19.4 tons)
  3. Netherlands (16.7 tons)
  4. Vietnam (15.5 tons)
  5. United States (12.2 tons)
  6. Thailand (9.6 tons)
  7. Guatemala (7.4 tons)
  8. India (7.0 tons)
  9. Germany (6.1 tons)
  10. Mexico (4.8 tons)
  11. South Africa (3.8 tons)
  12. Colombia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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