Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $752 per ton in 2022, declining by -8.7% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2018 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $1,036 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($928 per ton), while the average price for exports to Norway amounted to $742 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-0.7%).
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $735 per ton in 2022, almost unchanged from the previous year. In general, the import price saw a mild setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14% against the previous year. As a result, import price reached the peak level of $890 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -1.0% per year.
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden
In 2022, after three years of growth, there was significant decline in shipments abroad of borates; disodium tetraborate (refined borax), anhydroi, when their volume decreased by -21.1% to 2.5K tons. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of 3.2K tons, and then reduced rapidly in the following year.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi fell markedly to $1.9M in 2022. Over the period under review, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $2.6M, and then contracted dramatically in the following year.
| Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,643 | 1,417 | 2,043 | 1,733 | 1.8% |
| Finland | 0.1 | 0.2 | 411 | 78.4 | 822.1% |
| Germany | 2.4 | 222 | 153 | 21.5 | 107.7% |
| Poland | N/A | 105 | 7.1 | 13.3 | -64.4% |
| Others | 2.0 | 4.0 | 6.4 | 41.2 | 174.1% |
| Total | 1,647 | 1,748 | 2,621 | 1,887 | 4.6% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Sweden in 2022:
- Norway (2335.0 tons)
- Finland (84.5 tons)
- Germany (25.0 tons)
- Poland (14.4 tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden
Imports of borates; disodium tetraborate (refined borax), anhydroi into Sweden expanded notably to 2.3K tons in 2022, increasing by 8.6% on the previous year. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 10%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi rose significantly to $1.7M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 17%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.4 | 1.3 | 1.6 | 1.7 | 6.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 1.3 | 1.6 | 1.7 | 6.7% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Sweden in 2022:
- Turkey (2.3K tons)
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