Borates; Peroxoborates (Perborates) Price in Libya - 2022
Contents:
- Borates; Peroxoborates (Perborates) Price in Libya (CIF) - 2022
- Borates; Peroxoborates (Perborates) Imports in Libya
Borates; Peroxoborates (Perborates) Price in Libya (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $743 per ton in 2022, falling by -27.7% against the previous year. Overall, the import price saw a mild setback. The growth pace was the most rapid in 2017 when the average import price increased by 37%. Over the period under review, average import prices attained the peak figure at $1,160 per ton in 2014; however, from 2015 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 Austria ($1,371 per ton), while the price for Turkey ($27 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-3.1%), while the prices for the other major suppliers experienced a decline.
Borates; Peroxoborates (Perborates) Imports in Libya
For the fourth consecutive year, Libya recorded growth in overseas purchases of borates; peroxoborates (perborates)s, which increased by 28% to 44 tons in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 992%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, borates; peroxoborates (perborates) imports dropped to $33K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,229%. As a result, imports reached the peak of $35K, and then contracted in the following year.
| Import of Borates; Peroxoborates (Perborates) in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.2 | 1.6 | 15.9 | 14.7 | 318.9% |
| United Kingdom | 0.1 | 0.5 | 3.0 | 2.8 | 203.7% |
| China | N/A | 0.1 | 0.4 | 0.3 | 73.2% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.5 | 16.1 | 15.0 | 447.7% |
| Total | 0.3 | 2.7 | 35.4 | 32.7 | 377.7% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Libya in 2022:
- Belgium (16.3 tons)
- United Kingdom (10.3 tons)
- China (4.1 tons)
- Turkey (0.7 tons)
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