Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Slovakia - 2023

Contents:

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

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

The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $466 per ton in 2022, almost unchanged from the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 9.3%. Over the period under review, average import prices reached the peak figure at $828 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Czech Republic ($685 per ton), while the price for Luxembourg totaled $444 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+85.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $2,779 per ton in 2022, with a decrease of -14.8% against the previous year. Over the period from 2014 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2016 an increase of 33%. The export price peaked at $3,261 per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($2,798 per ton), while the average price for exports to Poland amounted to $2,759 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+11.6%).

Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Slovakia

In 2022, imports of borates; disodium tetraborate (refined borax), other than anhydroi into Slovakia declined to 2.3K tons, falling by -7% on 2021 figures. In general, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. As a result, imports reached the peak of 2.4K tons, and then fell in the following year.

In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi shrank to $1.1M in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of $1.1M, and then contracted in the following year.

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

1. Luxembourg (2169.9 tons)
2. Czech Republic (51.9 tons)

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

In 2022, exports of borates; disodium tetraborate (refined borax), other than anhydroi from Slovakia skyrocketed to 226 kg, jumping by 23% on 2021 figures. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.9% against 2020 indices. 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 totaled $628 in 2022. The total export value increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. Czech Republic (114.0 kg)
2. Poland (112.0 kg)

Source: IndexBox Market Intelligence Platform