Borates; Peroxoborates (Perborates) Price in Belgium - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Belgium (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Belgium (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Belgium
- Borates; Peroxoborates (Perborates) Exports in Belgium
Borates; Peroxoborates (Perborates) Price in Belgium (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $692 per ton in 2022, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2013 an increase of 40% against the previous year. As a result, import price attained the peak level of $750 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($2,537 per ton), while the price for Luxembourg ($504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Price in Belgium (FOB) - 2022
In 2022, the average borates; peroxoborates (perborates) export price amounted to $1,780 per ton, with an increase of 7.6% against the previous year. Overall, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,786 per ton in 2019; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3,423 per ton), while the average price for exports to Malaysia ($410 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 the UK (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Belgium
Borates; peroxoborates (perborates) imports into Belgium stood at 29K tons in 2022, stabilizing at the previous year. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 11% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, borates; peroxoborates (perborates) imports expanded notably to $20M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Peroxoborates (Perborates) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 8.5 | 8.7 | 8.3 | 8.8 | 1.2% |
| Netherlands | 2.0 | 2.9 | 4.1 | 5.0 | 35.7% |
| United States | 0.5 | 1.1 | 1.1 | 2.1 | 61.3% |
| United Kingdom | 3.7 | 2.4 | 0.1 | 0.1 | -70.0% |
| Others | 2.9 | 2.9 | 4.1 | 4.1 | 12.2% |
| Total | 17.6 | 18.0 | 17.7 | 20.1 | 4.5% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Belgium in 2022:
- United Kingdom (undefinedK tons)
- Luxembourg (17.4K tons)
- Netherlands (8.1K tons)
- United States (2.1K tons)
Borates; Peroxoborates (Perborates) Exports in Belgium
In 2022, overseas shipments of borates; peroxoborates (perborates)s decreased by -23% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume 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. The most prominent rate of growth was recorded in 2020 with an increase of 52%.
In value terms, borates; peroxoborates (perborates) exports fell remarkably to $6.7M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports reached the peak of $8.1M, and then declined significantly in the following year.
| Export of Borates; Peroxoborates (Perborates) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 909 | 1,357 | 1,578 | 1,831 | 26.3% |
| Germany | 569 | 1,141 | 1,666 | 1,494 | 38.0% |
| Ukraine | 1,480 | 1,660 | 2,277 | 464 | -32.1% |
| United Kingdom | 682 | 489 | 436 | 448 | -13.1% |
| Austria | 153 | 178 | 250 | 323 | 28.3% |
| Malaysia | 0.6 | 0.3 | 0.2 | 281 | 676.6% |
| Italy | 41.7 | 57.9 | 252 | 232 | 77.2% |
| Netherlands | 105 | 134 | 211 | 192 | 22.3% |
| Slovenia | 23.0 | 233 | 245 | 150 | 86.8% |
| China | 181 | 127 | 68.7 | 11.9 | -59.6% |
| Others | 693 | 643 | 1,122 | 1,284 | 22.8% |
| Total | 4,837 | 6,019 | 8,106 | 6,709 | 11.5% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Belgium in 2022:
- France (1020.2 tons)
- Germany (823.0 tons)
- Malaysia (684.5 tons)
- Ukraine (287.0 tons)
- Slovenia (134.5 tons)
- United Kingdom (130.9 tons)
- Austria (127.1 tons)
- Italy (94.0 tons)
- Netherlands (63.9 tons)
- China (11.3 tons)
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