Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Ethiopia - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Ethiopia (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Ethiopia
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Ethiopia (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $7,112 per ton, increasing by 439% against the previous year. Overall, the import price recorded a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($7,700 per ton), while the price for Turkey totaled $1,025 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Ethiopia
In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi imported into Ethiopia fell significantly to 2.3 tons, reducing by -82.5% against 2021. Overall, imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 412%. As a result, imports attained the peak of 13 tons, and then reduced sharply in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi fell to $16K in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 370% against the previous year. As a result, imports attained the peak of $17K, and then reduced in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 0.4 | N/A | 15.9 | 441.8% |
| Turkey | 1.5 | 0.2 | 0.5 | 0.2 | -48.9% |
| Belgium | 1.8 | 0.7 | 4.0 | N/A | 49.1% |
| United States | 4.8 | 1.8 | 10.1 | N/A | 45.1% |
| Netherlands | 1.0 | 0.4 | 2.0 | N/A | 41.4% |
| Others | 0.2 | 0.1 | 0.5 | N/A | 58.1% |
| Total | 9.4 | 3.7 | 17.2 | 16.2 | 19.9% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Ethiopia in 2022:
- India (2.1 tons)
- Turkey (0.2 tons)
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