Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,482 per ton in 2022, rising by 9.9% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $2,993 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Russia ($1,669 per ton), while the price for Argentina stood at $1,106 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $872 per ton in 2022, shrinking by -17.3% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 67% against the previous year. As a result, the export price attained the peak level of $1,054 per ton, and then plummeted in the following year.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2016 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +21.3% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan
In 2022, approx. 73 tons of borates; disodium tetraborate (refined borax), anhydroi were imported into Kazakhstan; surging by 77% against the previous year. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi skyrocketed to $108K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 34.0 | 35.5 | 42.0 | 81.4 | 33.8% |
| Argentina | N/A | N/A | N/A | 27.0 | 0% |
| Poland | 3.0 | 2.3 | 11.3 | N/A | 94.1% |
| Turkey | 3.5 | 2.7 | 2.1 | N/A | -22.5% |
| Others | 3.4 | 2.6 | 0.3 | N/A | -70.3% |
| Total | 43.9 | 43.2 | 55.7 | 108 | 35.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Kazakhstan in 2022:
- Russia (48.8 tons)
- Argentina (24.4 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan
In 2022, shipments abroad of borates; disodium tetraborate (refined borax), anhydroi decreased by -3.2% to 3 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 122% against the previous year. As a result, the exports attained the peak of 28 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi reduced markedly to $2.6K in 2022. In general, exports showed a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 187%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | 6.1 | 17.6 | 3.3 | 2.6 | -24.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | 17.6 | 3.3 | 2.6 | -24.7% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Kazakhstan in 2022:
- Kyrgyzstan (3.0 tons)
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