Borates; Peroxoborates (Perborates) Price in Slovakia - 2023

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

In 2022, the average borates; peroxoborates (perborates) import price amounted to $524 per ton, surging by 9.1% against the previous year. Overall, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 45%. As a result, import price attained the peak level of $1,128 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($579 per ton), while the price for Luxembourg stood at $479 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (-1.5%), while the prices for the other major suppliers experienced a decline.

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

The average borates; peroxoborates (perborates) export price stood at $2,057 per ton in 2022, reducing by -36.9% against the previous year. Overall, the export price showed a abrupt decrease. The growth pace was the most rapid in 2015 an increase of 21% against the previous year. As a result, the export price attained the peak level of $4,228 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($2,055 per ton), while the average price for exports to the Czech Republic totaled $1,828 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.2%), while the prices for the other major destinations experienced a decline.

Borates; Peroxoborates (Perborates) Imports in Slovakia

In 2022, imports of borates; peroxoborates (perborates)s into Slovakia contracted slightly to 2.4K tons, which is down by -4% against 2021 figures. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of 2.5K tons, and then fell slightly in the following year.

In value terms, borates; peroxoborates (perborates) imports rose slightly to $1.2M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 8.7%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Borates; Peroxoborates (Perborates) in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Luxembourg	N/A	508	1,047	1,040	43.1%
Czech Republic	27.8	72.9	57.4	57.3	27.3%
Belgium	15.4	465	14.0	15.3	-0.2%
Turkey	1,013	N/A	N/A	N/A	0%
Others	98.6	48.7	71.5	133	10.5%
Total	1,155	1,094	1,190	1,246	2.6%

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

Luxembourg (2170.2 tons)
Czech Republic (98.9 tons)
Belgium (30.1 tons)

Borates; Peroxoborates (Perborates) Exports in Slovakia

In 2022, borates; peroxoborates (perborates) exports from Slovakia soared to 1.6 tons, with an increase of 753% on 2021 figures. In general, exports continue to indicate a significant increase. 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 $3.2K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.