Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,211 per ton in 2022, increasing by 41% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,535 per ton), while the price for Turkey ($989 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%).
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $45,500 per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 a decrease of 99.9%. The export price peaked at $47,400 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.
From 2013 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +16.3% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand
In 2022, overseas purchases of borates; disodium tetraborate (refined borax), anhydroi decreased by -44.5% to 97 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 1%. As a result, imports attained the peak of 291 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi declined sharply to $117K in 2022. Overall, imports recorded a sharp downturn. The smallest decline of -3.6% was in 2020.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 57.8 | 78.3 | 121 | 71.0 | 7.1% |
| United States | 171 | 143 | 28.9 | 26.8 | -46.1% |
| China | N/A | N/A | N/A | 12.3 | 0% |
| Australia | N/A | N/A | N/A | 7.0 | 0% |
| Others | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Total | 229 | 221 | 150 | 117 | -20.1% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Thailand in 2022:
- Turkey (71.8 tons)
- United States (18.8 tons)
- China (4.1 tons)
- Australia (2.0 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand
In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi exported from Thailand amounted to 2 kg, standing approx. at the year before. In general, exports showed a dramatic contraction. The smallest decline of 99.9% was in 2021.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi totaled $91 in 2022. Overall, exports faced a dramatic contraction. The smallest decline of 99.9% was in 2021.
| Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Thailand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Lao People's Democratic Republic | 182 | N/A | 91.0 | -29.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 182 | N/A | 91.0 | -29.3% | |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Thailand in 2022:
- Lao People's Democratic Republic (2.0 kg)
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