Borates; Peroxoborates (Perborates) Price in Brazil - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Brazil (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Brazil (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Brazil
- Borates; Peroxoborates (Perborates) Exports in Brazil
Borates; Peroxoborates (Perborates) Price in Brazil (CIF) - 2022
In 2022, the average borates; peroxoborates (perborates) import price amounted to $1,254 per ton, jumping by 41% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, borates; peroxoborates (perborates) import price increased by +37.0% against 2018 indices. 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 China ($3,301 per ton), while the price for the United States ($747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Price in Brazil (FOB) - 2022
The average borates; peroxoborates (perborates) export price stood at $2,446 per ton in 2022, picking up by 21% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $3,556 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($5,215 per ton), while the average price for exports to Bolivia ($704 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 Taiwan (Chinese) (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Brazil
In 2022, purchases abroad of borates; peroxoborates (perborates)s decreased by -13% to 30K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 15%. As a result, imports attained the peak of 34K tons, and then dropped in the following year.
In value terms, borates; peroxoborates (perborates) imports surged to $37M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.2% 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 +87.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Borates; Peroxoborates (Perborates) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.6 | 4.8 | 16.4 | 21.6 | 67.5% |
| Argentina | 4.0 | 3.7 | 5.0 | 6.4 | 17.0% |
| United States | 8.9 | 9.4 | 7.0 | 5.6 | -14.3% |
| China | 1.2 | 5.0 | 0.5 | 2.1 | 20.5% |
| Peru | 0.7 | 0.7 | 1.2 | 1.3 | 22.9% |
| Others | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Total | 19.9 | 23.8 | 30.4 | 37.2 | 23.2% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Brazil in 2022:
- Turkey (12.7K tons)
- Argentina (8.0K tons)
- United States (7.5K tons)
- Peru (0.9K tons)
- China (0.6K tons)
Borates; Peroxoborates (Perborates) Exports in Brazil
Borates; peroxoborates (perborates) exports from Brazil expanded significantly to 200 tons in 2022, with an increase of 9.5% on the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, borates; peroxoborates (perborates) exports soared to $488K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Borates; Peroxoborates (Perborates) in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 103 | 133 | 123 | 124 | 6.4% |
| Paraguay | 1.7 | 1.7 | 0.1 | 62.2 | 232.0% |
| Taiwan (Chinese) | 5.4 | 11.0 | 23.7 | 55.2 | 117.0% |
| Mexico | N/A | N/A | N/A | 46.9 | 0% |
| United States | 35.8 | 32.6 | 46.3 | 46.4 | 9.0% |
| Argentina | 65.7 | 90.8 | 60.4 | 29.8 | -23.2% |
| Germany | 19.4 | 21.3 | 24.0 | 27.1 | 11.8% |
| Malaysia | N/A | 2.2 | 6.0 | 16.4 | 173.0% |
| Chile | 33.9 | 25.7 | 46.0 | 13.4 | -26.6% |
| Uruguay | 1.4 | 2.9 | 1.9 | 11.6 | 102.4% |
| Bolivia | N/A | N/A | 2.9 | 6.8 | 134.5% |
| Philippines | 1.8 | 5.7 | 12.8 | 6.4 | 52.6% |
| Peru | 9.6 | 5.2 | 8.5 | 2.2 | -38.8% |
| Others | 43.7 | 34.0 | 12.5 | 39.7 | -3.1% |
| Total | 321 | 366 | 368 | 488 | 15.0% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Brazil in 2022:
- Turkey (42.7 tons)
- Paraguay (31.0 tons)
- Argentina (24.3 tons)
- Taiwan (Chinese) (17.0 tons)
- United States (16.8 tons)
- Uruguay (10.8 tons)
- Malaysia (10.0 tons)
- Bolivia (9.6 tons)
- Germany (9.4 tons)
- Mexico (9.0 tons)
- Philippines (8.3 tons)
- Chile (4.8 tons)
- Peru (2.4 tons)
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