Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Algeria - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Algeria (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Algeria
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Algeria (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $2,171 per ton in 2022, approximately equating the previous year. Overall, the import price, however, posted resilient growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 123% against the previous year. The import price peaked at $2,725 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,837 per ton), while the price for Turkey ($688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Algeria
In 2022, approx. 5 tons of borates; disodium tetraborate (refined borax), anhydroi were imported into Algeria; approximately equating the previous year. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 129% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi stood at $11K in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 250%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.9 | 3.5 | 4.7 | 6.8 | 96.2% |
| Germany | 0.4 | 1.6 | 2.1 | 2.9 | 93.5% |
| Turkey | 0.3 | 0.8 | 0.7 | 0.7 | 32.6% |
| United States | 0.1 | 0.3 | 0.3 | 0.4 | 58.7% |
| Saudi Arabia | N/A | N/A | 2.9 | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 1.8 | 6.3 | 10.8 | 10.9 | 82.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Algeria in 2022:
- Belgium (2.4 tons)
- Germany (1.3 tons)
- Turkey (1.0 tons)
- United States (0.2 tons)
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