Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Panama - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Panama (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Panama
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Panama (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,727 per ton in 2022, picking up by 72% against the previous year. Over the period under review, the import price posted a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,125 per ton), while the price for China ($1,182 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Panama
In 2022, purchases abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -98.6% to 231 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 16 tons, and then dropped notably in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi contracted remarkably to $399 in 2022. Overall, imports saw a precipitous decrease. The smallest decline of -18.3% was in 2021.
Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
United States | 8.7 | 4.6 | 0.2 | -84.8% | |
Netherlands | 3.1 | 4.3 | 0.1 | -82.0% | |
Spain | N/A | 4.4 | N/A | 0% | |
Free Zones | 3.9 | 0.4 | N/A | -89.7% | |
China | 1.2 | 0.4 | N/A | -66.7% | |
Germany | 3.2 | 2.0 | N/A | -37.5% | |
Guatemala | N/A | 0.3 | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 20.1 | 16.4 | 0.4 | -85.9% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Panama in 2022:
- Netherlands (117.0 kg)
- United States (94.0 kg)
- China (11.0 kg)
- Germany (8.0 kg)
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