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

Contents:

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

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

The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $2,424 per ton in 2022, growing by 9.2% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for borates; disodium tetraborate (refined borax), anhydroi increased by +90.1% against 2012 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 14%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,988 per ton), while the price for Peru stood at $2,353 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+7.7%).

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

Imports of borates; disodium tetraborate (refined borax), anhydroi into Panama reduced to 728 kg in 2022, falling by -7.7% against 2021 figures. Over the period under review, imports recorded a significant decrease. The smallest decline of -7.2% was in 2021.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi reached $1.8K in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 0.7%.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A1.50%
GermanyN/AN/AN/A0.20%
South Africa2.9N/AN/AN/A0%
MexicoN/AN/A1.8N/A0%
Chile0.21.7N/AN/A750.0%
OthersN/AN/AN/AN/A0%
Total3.11.71.81.8-16.6%

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

  1. Peru (646.0 kg)
  2. Germany (82.0 kg)

Source: IndexBox Market Intelligence Platform

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