Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine (CIF) - 2023
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine (CIF) - 2023
In August 2023, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $964 per ton, with an increase of 4.1% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 13% month-to-month. As a result, import price reached the peak level of $1,012 per ton. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($963 per ton), while the price for Argentina totaled $955 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Argentina (+2.1%).
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $16,087 per ton in 2022, approximately equating the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 178% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($15,538 per ton), while the average price for exports to Turkey ($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 Russia (+21.4%), while the prices for the other major destinations experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine
In 2022, approx. 858 tons of borates; disodium tetraborate (refined borax), other than anhydroi were imported into Ukraine; with a decrease of -69.1% against the previous year. Overall, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 2.8K tons, and then contracted notably in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi contracted rapidly to $682K in 2022. In general, imports faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of $1.6M, and then fell dramatically in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,011 | 891 | 1,442 | 456 | -23.3% |
| Poland | 9.3 | 19.2 | 29.1 | 183 | 170.0% |
| Argentina | 33.4 | 29.5 | 43.6 | 14.2 | -24.8% |
| United States | 69.9 | 10.9 | 3.3 | 2.7 | -66.2% |
| Others | -1,123.8 | -950.9 | -1,518.3 | -655.3 | -16.5% |
| Total | N/A | N/A | N/A | N/A | 0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Ukraine in 2022:
- Turkey (567.9 tons)
- Poland (243.9 tons)
- Argentina (18.2 tons)
- United States (5.2 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine
For the third year in a row, Ukraine recorded decline in overseas shipments of borates; disodium tetraborate (refined borax), other than anhydroi, which decreased by 0% to 17 kg in 2022. Over the period under review, exports showed a precipitous contraction. The smallest decline of -67.4% was in 2020.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi totaled $206 in 2022. In general, exports continue to indicate a sharp reduction. The smallest decline of -85.9% was in 2020.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Ukraine (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,041 | 145 | N/A | 202 | -42.1% |
| Turkey | N/A | N/A | N/A | 1.0 | 0% |
| Kyrgyzstan | 4.0 | 1.0 | N/A | 1.0 | -37.0% |
| Georgia | 1.0 | 1.0 | N/A | 1.0 | 0.0% |
| Moldova | 1.0 | 1.0 | N/A | 1.0 | 0.0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 1,048 | 148 | N/A | 206 | -41.9% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Ukraine in 2022:
- Russia (13.0 kg)
- Turkey (1.0 kg)
- Kyrgyzstan (1.0 kg)
- Georgia (1.0 kg)
- Moldova (1.0 kg)
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