Price for Boron Oxide and Boric Acid in Paraguay - 2023
Contents:
- Price for Boron Oxide and Boric Acid in Paraguay (CIF) - 2022
- Imports of Boron Oxide and Boric Acid in Paraguay
Price for Boron Oxide and Boric Acid in Paraguay (CIF) - 2022
In 2022, the average import price for oxides of boron and boric acids amounted to $1,209 per ton, growing by 38% against the previous year. Overall, the import price, however, continues to indicate a slight reduction. Over the period under review, average import prices hit record highs at $1,360 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,455 per ton), while the price for Argentina ($998 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Boron Oxide and Boric Acid in Paraguay
In 2022, boron oxide and boric acid imports into Paraguay skyrocketed to 324 tons, picking up by 31% compared with 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +73.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, boron oxide and boric acid imports surged to $391K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Boron Oxide and Boric Acid in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 83.5 | 75.3 | 84.4 | 174 | 27.7% |
| Peru | 16.4 | 2.0 | 23.9 | 144 | 106.3% |
| United States | 51.0 | 34.4 | 30.5 | 35.6 | -11.3% |
| Brazil | 17.6 | 15.3 | 36.9 | 15.3 | -4.6% |
| Others | 48.5 | 47.1 | 41.1 | 22.4 | -22.7% |
| Total | 217 | 174 | 217 | 391 | 21.7% |
Top Suppliers of Boron Oxide and Boric Acid to Paraguay in 2022:
- Argentina (174.0 tons)
- Peru (125.0 tons)
- Brazil (10.2 tons)
- United States (8.0 tons)
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