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

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Nepal (CIF) - 2022
  2. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Nepal

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

The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,125 per ton in 2022, growing by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25%. Over the period under review, average import prices reached the maximum at $1,163 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.9% per year.

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

In 2022, overseas purchases of borates; disodium tetraborate (refined borax), anhydroi decreased by -18.5% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 365%.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi contracted modestly to $1.5K in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 307%.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.41.41.51.555.4%
OthersN/AN/AN/AN/A0%
Total0.41.41.51.555.4%

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

  1. India (1.3 tons)

Source: IndexBox Market Intelligence Platform

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