Borates; Peroxoborates (Perborates) Price in Azerbaijan - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Azerbaijan (CIF) - 2022
- Borates; Peroxoborates (Perborates) Imports in Azerbaijan
Borates; Peroxoborates (Perborates) Price in Azerbaijan (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $1,186 per ton in 2022, declining by -3.7% against the previous year. Overall, the import price, however, recorded temperate growth. The pace of growth was the most pronounced in 2014 an increase of 259%. As a result, import price reached the peak level of $5,822 per ton. From 2015 to 2022, the average 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 Spain ($11,256 per ton), while the price for Turkey totaled $943 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+2,385.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Borates; Peroxoborates (Perborates) Imports in Azerbaijan
After three years of growth, purchases abroad of borates; peroxoborates (perborates)s decreased by -7.2% to 80 tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +45.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of 86 tons, and then dropped in the following year.
In value terms, borates; peroxoborates (perborates) imports declined to $95K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +39.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year.
| Import of Borates; Peroxoborates (Perborates) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 40.6 | 44.2 | 78.5 | 73.3 | 21.8% |
| Spain | N/A | N/A | 7.7 | 18.6 | 141.6% |
| United Kingdom | 12.9 | 21.8 | N/A | N/A | 69.0% |
| Poland | N/A | 8.7 | N/A | N/A | 0% |
| Brazil | 13.6 | 13.8 | 4.5 | N/A | -42.5% |
| Others | 0.8 | 1.0 | 15.3 | 2.8 | 51.8% |
| Total | 67.9 | 89.5 | 106 | 94.7 | 11.7% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Azerbaijan in 2022:
- Turkey (77.8 tons)
- Spain (1.6 tons)
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