Borates; Peroxoborates (Perborates) Price in Israel - 2023

Contents:

  1. Borates; Peroxoborates (Perborates) Price in Israel (CIF) - 2022
  2. Borates; Peroxoborates (Perborates) Price in Israel (FOB) - 2022
  3. Borates; Peroxoborates (Perborates) Imports in Israel
  4. Borates; Peroxoborates (Perborates) Exports in Israel

Borates; Peroxoborates (Perborates) Price in Israel (CIF) - 2022

In 2022, the average borates; peroxoborates (perborates) import price amounted to $1,055 per ton, increasing by 2.9% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 decreased by -19.2% against 2019 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 64% against the previous year. The import price peaked at $1,306 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,721 per ton), while the price for Turkey ($543 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Borates; Peroxoborates (Perborates) Price in Israel (FOB) - 2022

In 2022, the average borates; peroxoborates (perborates) export price amounted to $730 per ton, increasing by 9.8% against the previous year. Over the period under review, the export price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 173% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,077 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($646 per ton), while the average price for exports to China stood at $631 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.2%).

Borates; Peroxoborates (Perborates) Imports in Israel

In 2022, the amount of borates; peroxoborates (perborates)s imported into Israel expanded notably to 414 tons, surging by 14% compared with the previous year. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, borates; peroxoborates (perborates) imports skyrocketed to $437K in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor 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 Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15211153.71744.6%
Turkey11786.280.116512.1%
Germany78.411479.486.03.1%
South AfricaN/A19.7N/AN/A0%
Others74.186.115912.0-45.5%
Total4214173724371.3%

Top Suppliers of Borates; Peroxoborates (Perborates) to Israel in 2022:

  1. Turkey (304.1 tons)
  2. China (64.0 tons)
  3. Germany (31.6 tons)

Borates; Peroxoborates (Perborates) Exports in Israel

After two years of decline, shipments abroad of borates; peroxoborates (perborates)s increased by 2.8% to 217 kg in 2022. Over the period under review, exports, however, continue to indicate a sharp descent.

In value terms, borates; peroxoborates (perborates) exports rose significantly to $158 in 2022. Overall, exports, however, faced a precipitous setback.

Export of Borates; Peroxoborates (Perborates) in Israel (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A1340%
China9251411303.0-85.2%
Argentina63.08.07.0N/A-66.7%
Others12.026.03.021.020.5%
Total1,000175140158-45.9%

Top Export Markets for Borates; Peroxoborates (Perborates) from Israel in 2022:

  1. United Kingdom (208.0 kg)
  2. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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