Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Algeria - 2022

Contents:

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

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

In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $717 per ton, surging by 29% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $812 per ton in 2013; however, from 2014 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 Belgium ($2,006 per ton), while the price for Spain ($664 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.8%), while the prices for the other major suppliers experienced a decline.

Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Algeria

In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into Algeria dropped remarkably to 88 tons, which is down by -78% against the previous year. Over the period under review, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 12%.

In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi dropped markedly to $63K in 2022. Overall, imports showed a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 16%.

Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey77.766.571.537.7-21.4%
Spain24011313515.2-60.1%
United States13.19.99.44.4-30.5%
Belgium1.11.33.83.242.8%
Others0.81.02.42.750.0%
Total33319222263.2-42.5%

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

  1. Turkey (56.6 tons)
  2. Spain (22.9 tons)
  3. United States (6.0 tons)
  4. Belgium (1.6 tons)

Source: IndexBox Market Intelligence Platform

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