Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uruguay - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uruguay (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uruguay
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uruguay (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $1,741 per ton, increasing by 99% against the previous year. Overall, the import price showed a prominent increase. 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 Argentina ($15,736 per ton), while the price for Brazil ($237 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-0.1%).
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uruguay
For the fourth year in a row, Uruguay recorded growth in purchases abroad of borates; disodium tetraborate (refined borax), other than anhydroi, which increased by 12% to 41 tons in 2022. The total import volume increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi skyrocketed to $71K in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 27.4 | 28.8 | 29.2 | 41.7 | 15.0% |
| China | N/A | N/A | N/A | 20.0 | 0% |
| Brazil | 1.2 | 2.6 | 1.5 | 7.7 | 85.8% |
| Others | 1.4 | 1.5 | 1.2 | 1.9 | 10.7% |
| Total | 30.1 | 33.0 | 31.9 | 71.3 | 33.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Uruguay in 2022:
- Brazil (32.5 tons)
- China (4.6 tons)
- Argentina (2.6 tons)
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