Borates; Peroxoborates (Perborates) Price in Sweden - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Sweden (CIF) - 2023
- Borates; Peroxoborates (Perborates) Price in Sweden (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Sweden
- Borates; Peroxoborates (Perborates) Exports in Sweden
Borates; Peroxoborates (Perborates) Price in Sweden (CIF) - 2023
In August 2023, the average borates; peroxoborates (perborates) import price amounted to $639 per ton, falling by -8.6% against the previous month. Overall, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, borates; peroxoborates (perborates) import price decreased by -20.9% against March 2023 indices. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 28% month-to-month. The import price peaked at $808 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Finland.
From August 2022 to August 2023, the rate of growth in terms of prices for Turkey amounted to +4.8% per month.
Borates; Peroxoborates (Perborates) Price in Sweden (FOB) - 2022
In 2022, the average borates; peroxoborates (perborates) export price amounted to $597 per ton, picking up by 4.4% against the previous year. Overall, the export price, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2021 an increase of 5.2%. The export price peaked at $782 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($675 per ton) and Luxembourg ($625 per ton), while the average price for exports to Denmark ($539 per ton) and Norway ($580 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+9.2%), while the prices for the other major destinations experienced a decline.
Borates; Peroxoborates (Perborates) Imports in Sweden
In 2022, the amount of borates; peroxoborates (perborates)s imported into Sweden declined slightly to 22K tons, with a decrease of -3.9% compared with the previous year. In general, imports showed a abrupt shrinkage. The smallest decline of -3.3% was in 2020.
In value terms, borates; peroxoborates (perborates) imports rose rapidly to $11M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.8 | 7.8 | 7.2 | 7.5 | -1.3% |
| Finland | 2.3 | 2.2 | 2.3 | 3.4 | 13.9% |
| Others | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Total | 10.4 | 10.3 | 9.9 | 11.4 | 3.1% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Sweden in 2022:
- Turkey (14.8K tons)
- Finland (6.7K tons)
Borates; Peroxoborates (Perborates) Exports in Sweden
In 2022, approx. 14K tons of borates; peroxoborates (perborates)s were exported from Sweden; falling by -15.4% against the previous year's figure. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports attained the peak of 16K tons, and then shrank significantly in the following year.
In value terms, borates; peroxoborates (perborates) exports contracted to $8.1M in 2022. The total export value increased at an average annual rate of +5.4% 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 exports increased by 29% against the previous year. As a result, the exports reached the peak of $9.2M, and then fell in the following year.
| Export of Borates; Peroxoborates (Perborates) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 4.6 | 4.8 | 5.9 | 5.3 | 4.8% |
| Denmark | 1.7 | 1.6 | 2.1 | 1.6 | -2.0% |
| Luxembourg | N/A | N/A | N/A | 0.5 | 0% |
| Poland | 0.4 | 0.5 | 0.3 | 0.3 | -9.1% |
| Germany | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Others | 0.1 | 0.1 | 0.6 | 0.4 | 58.7% |
| Total | 6.9 | 7.1 | 9.2 | 8.1 | 5.5% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Sweden in 2022:
- Germany (undefinedK tons)
- Norway (9.2K tons)
- Denmark (2.9K tons)
- Luxembourg (0.8K tons)
- Poland (0.4K tons)
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