Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $451 per ton, growing by 12% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $496 per ton in 2013; however, from 2014 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 UK ($665 per ton), while the price for Turkey ($413 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $1,037 per ton, rising by 11% against the previous year. In general, the export price saw noticeable growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 141% against the previous year. The export price peaked at $3,422 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,450 per ton), while the average price for exports to Austria ($560 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 Switzerland (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany
In 2022, after three years of growth, there was significant decline in overseas purchases of borates; disodium tetraborate (refined borax), other than anhydroi, when their volume decreased by -32.7% to 80K tons. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of 119K tons, and then shrank significantly in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi dropped dramatically to $36M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 60%. As a result, imports attained the peak of $48M, and then fell significantly in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | 13.2 | 18.0 | 20.1 | 23.4% |
| Turkey | 18.2 | 6.3 | 26.4 | 7.4 | -25.9% |
| Poland | 0.7 | 1.7 | 0.7 | 2.7 | 56.8% |
| Luxembourg | N/A | 1.1 | N/A | 2.5 | 50.8% |
| Netherlands | 0.1 | 1.7 | 2.0 | 1.9 | 166.8% |
| United States | 8.2 | 0.2 | 0.7 | 0.9 | -52.1% |
| United Kingdom | 0.1 | 5.4 | N/A | N/A | 5300.0% |
| Others | 0.6 | 0.5 | 0.5 | 0.7 | 5.3% |
| Total | 27.9 | 30.1 | 48.2 | 36.1 | 9.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Germany in 2022:
- Finland (46.9K tons)
- Turkey (18.0K tons)
- Poland (5.5K tons)
- Luxembourg (3.9K tons)
- Netherlands (3.3K tons)
- United States (1.9K tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany
In 2022, approx. 3.6K tons of borates; disodium tetraborate (refined borax), other than anhydroi were exported from Germany; falling by -53.8% against 2021 figures. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 956%. As a result, the exports attained the peak of 7.8K tons, and then dropped dramatically in the following year.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi contracted rapidly to $3.7M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 489%. As a result, the exports reached the peak of $7.3M, and then fell remarkably in the following year.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 69.7 | 210 | 4,300 | 1,621 | 185.4% |
| Czech Republic | 21.9 | 19.4 | 1,078 | 270 | 131.0% |
| Netherlands | 234 | 43.3 | 84.7 | 89.8 | -27.3% |
| Malaysia | 71.7 | 86.0 | 50.8 | 59.6 | -6.0% |
| Austria | 28.1 | 44.5 | 74.2 | 25.5 | -3.2% |
| Luxembourg | 0.6 | 0.7 | 668 | 0.4 | -12.6% |
| Others | 818 | 828 | 1,004 | 1,655 | 26.5% |
| Total | 1,244 | 1,232 | 7,260 | 3,721 | 44.1% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Germany in 2022:
- Poland (2361.1 tons)
- Czech Republic (451.9 tons)
- Netherlands (83.7 tons)
- Malaysia (68.3 tons)
- Austria (45.6 tons)
- Luxembourg (0.3 tons)
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