Peroxoborates (Perborates) Price in Canada - 2023

Peroxoborates (Perborates) Price in Canada (CIF) - 2023

In June 2023, the average peroxoborates (perborates) import price amounted to $1,317 per ton, increasing by 31% against the previous month. Over the period under review, import price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, peroxoborates (perborates) import price increased by +32.4% against March 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 70% month-to-month. Over the period under review, average import prices hit record highs at $1,687 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was China ($1,353 per ton), while the price for the United States ($937 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.

Peroxoborates (Perborates) Price in Canada (FOB) - 2022

The average peroxoborates (perborates) export price stood at $440 per ton in 2022, stabilizing at the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 32% against the previous year. The export price peaked at $2,635 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -15.5% per year.

Peroxoborates (Perborates) Imports in Canada

In 2022, the amount of peroxoborates (perborates)s imported into Canada surged to 423 tons, increasing by 69% compared with 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, peroxoborates (perborates) imports skyrocketed to $440K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Peroxoborates (Perborates) in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	155	168	186	256	18.2%
China	10.9	14.7	48.1	81.3	95.4%
Germany	36.7	22.2	17.1	32.8	-3.7%
Slovakia	13.5	12.3	18.2	25.1	23.0%
Slovenia	9.8	9.9	17.7	24.5	35.7%
Austria	8.5	7.5	10.2	14.1	18.4%
Others	4.9	3.7	4.2	5.9	6.4%
Total	240	238	301	440	22.4%

Top Suppliers of Peroxoborates (Perborates) to Canada in 2022:

United States (235.2 tons)
China (87.5 tons)
Germany (35.8 tons)
Slovakia (24.4 tons)
Slovenia (24.2 tons)
Austria (14.8 tons)

Peroxoborates (Perborates) Exports in Canada

In 2022, shipments abroad of peroxoborates (perborates)s decreased by -25.2% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 101%. As a result, the exports reached the peak of 19 tons, and then dropped remarkably in the following year.

In value terms, peroxoborates (perborates) exports contracted sharply to $6.4K in 2022. In general, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 99.9% against the previous year. As a result, the exports attained the peak of $8.5K, and then declined rapidly in the following year.