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

Contents:

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

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

The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,534 per ton in 2022, dropping by -14.6% against the previous year. Overall, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 1,290% against the previous year. Over the period under review, average import prices attained the peak figure at $31,789 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($2,967 per ton), while the price for Turkey totaled $1,504 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+163.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $2,740 per ton in 2022, remaining stable against the previous year. In general, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 58%. As a result, the export price reached the peak level of $13,000 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -19.6% per year.

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

Imports of borates; disodium tetraborate (refined borax), anhydroi into Greece soared to 1.4 tons in 2022, growing by 1,370% compared with 2021. Over the period under review, imports recorded a significant increase. 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 soared to $2.2K in 2022. In general, imports recorded a significant expansion.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A2.10%
AustriaN/AN/AN/A0.10%
Germany0.61.20.1N/A-59.2%
ItalyN/A4.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.66.00.22.254.2%

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

  1. Turkey (1411.0 kg)
  2. Austria (30.0 kg)

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

In 2022, exports of borates; disodium tetraborate (refined borax), anhydroi from Greece was estimated at 235 kg, approximately equating the previous year's figure. In general, exports saw a dramatic shrinkage. The smallest decline of 99.9% was in 2021.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi amounted to $644 in 2022. Over the period under review, exports showed a sharp descent. The smallest decline of 99.9% was in 2021.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Greece (USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/AN/A6190%
Croatia1,287N/AN/A0%
OthersN/AN/A25.00%
Total1,287N/A644-29.3%

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

  1. Netherlands (234.0 kg)

Source: IndexBox Market Intelligence Platform

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