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

Contents:

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

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

In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $665 per ton, rising by 2.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 7.9% against the previous year. The import price peaked at $745 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($703 per ton), while the price for Peru ($459 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 (-1.0%).

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

In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $780 per ton, dropping by -2.5% against the previous year. Over the period under review, the export price, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 143% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,951 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 El Salvador ($2,211 per ton), while the average price for exports to Nicaragua amounted to $416 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+89.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -3.5% to 95 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports attained the peak of 104 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi fell modestly to $63K in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports attained the peak of $68K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuatemalaN/AN/AN/A45.60%
TurkeyN/AN/AN/A7.80%
Peru22.631.736.15.5-37.6%
United States21.028.726.02.0-54.3%
Others14.67.31.82.6-43.7%
Total58.367.663.963.52.9%

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

  1. Guatemala (64.9 tons)
  2. Turkey (15.2 tons)
  3. Peru (12.0 tons)
  4. United States (3.0 tons)

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

In 2022, exports of borates; disodium tetraborate (refined borax), other than anhydroi from Costa Rica skyrocketed to 3 tons, increasing by 50% on 2021 figures. Overall, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 146% against the previous year. As a result, the exports attained the peak of 4.7 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $2.3K in 2022. In general, exports, however, showed a abrupt descent.

Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador1.31.71.11.30.0%
Nicaragua1.72.00.51.0-16.2%
OthersN/AN/AN/AN/A0%
Total3.03.61.62.3-8.5%

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

  1. Nicaragua (2.4 tons)
  2. El Salvador (0.6 tons)

Source: IndexBox Market Intelligence Platform

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