Borates; Peroxoborates (Perborates) Price in Romania - 2023

Borates; Peroxoborates (Perborates) Price in Romania (CIF) - 2023

The average borates; peroxoborates (perborates) import price stood at $711 per ton in August 2023, waning by -7.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The pace of growth appeared the most rapid in September 2022 an increase of 53% m-o-m. Over the period under review, average import prices reached the peak figure at $833 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($1,940 per ton), while the price for Turkey ($653 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average borates; peroxoborates (perborates) export price stood at $975 per ton in 2022, with a decrease of -58.1% against the previous year. Over the period under review, the export price saw a dramatic slump. The pace of growth appeared the most rapid in 2017 an increase of 124% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,696 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($1,843 per ton), while the average price for exports to Slovakia ($510 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 Czech Republic (+56.0%), while the prices for the other major destinations experienced mixed trend patterns.

Borates; Peroxoborates (Perborates) Imports in Romania

After three years of growth, purchases abroad of borates; peroxoborates (perborates)s decreased by -2.1% to 4.6K tons in 2022. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year.

In value terms, borates; peroxoborates (perborates) imports skyrocketed to $2.7M in 2022. The total import value increased at an average annual rate of +13.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Borates; Peroxoborates (Perborates) in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Luxembourg	519	671	746	1,206	32.5%
Turkey	872	982	1,155	1,121	8.7%
Italy	138	87.2	104	295	28.8%
Netherlands	269	184	181	7.4	-69.8%
Others	83.7	70.4	174	111	9.9%
Total	1,882	1,995	2,359	2,740	13.3%

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

Luxembourg (2271.7 tons)
Turkey (2181.6 tons)
Italy (73.6 tons)
Netherlands (11.1 tons)

Borates; Peroxoborates (Perborates) Exports in Romania

In 2022, approx. 38 tons of borates; peroxoborates (perborates)s were exported from Romania; growing by 215% against 2021. In general, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, borates; peroxoborates (perborates) exports surged to $37K in 2022. Over the period under review, exports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 131%.

Export of Borates; Peroxoborates (Perborates) in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ukraine	10.2	9.2	25.8	18.1	21.1%
Slovakia	N/A	N/A	N/A	8.0	0%
Austria	N/A	N/A	N/A	6.3	0%
Moldova	N/A	0.7	0.5	3.2	113.8%
Bulgaria	N/A	N/A	N/A	0.9	0%
Italy	N/A	N/A	1.8	0.8	-55.6%
Hungary	5.6	N/A	0.1	N/A	-86.6%
Czech Republic	24.6	0.3	N/A	N/A	-98.8%
Others	1.3	2.1	0.1	N/A	-72.3%
Total	41.7	12.3	28.3	37.4	-3.6%