Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark - 2023

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark (CIF) - 2022

In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $10,024 per ton, waning by -86.3% against the previous year. Overall, the import price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 487% against the previous year. The import price peaked at $72,917 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($78,444 per ton), while the price for the United States ($4,491 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+112.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark (FOB) - 2022

In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $27,842 per ton, surging by 483% against the previous year. In general, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2022, the rate of growth in terms of prices for Finland amounted to +82.0% per year.

Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark

In 2022, approx. 125 kg of borates; disodium tetraborate (refined borax), anhydroi were imported into Denmark; picking up by 942% against 2021 figures. Overall, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi surged to $1.3K in 2022. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 811%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany50276.085170612.0%
United StatesN/AN/AN/A4850%
Belgium26.020.024.040.015.4%
United Kingdom434N/AN/A7.0-74.7%
OthersN/AN/AN/A15.00%
Total96296.08751,2539.2%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Denmark in 2022:

  1. United States (108.0 kg)
  2. Germany (9.0 kg)
  3. Belgium (5.0 kg)
  4. United Kingdom (1.0 kg)

Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark

Exports of borates; disodium tetraborate (refined borax), anhydroi from Denmark contracted remarkably to 19 kg in 2022, declining by -66.7% against the previous year. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 84% against the previous year. As a result, the exports reached the peak of 57 kg, and then declined remarkably in the following year.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi skyrocketed to $529 in 2022. In general, exports, however, enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Denmark (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway4522422725295.4%
OthersN/AN/AN/AN/A0%
Total4522422725295.4%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Denmark in 2022:

  1. Norway (19.0 kg)

Source: IndexBox Market Intelligence Platform

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