Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $735 per ton, with an increase of 14% against the previous year. Overall, the export price, however, showed a mild decline. The pace of growth was the most pronounced in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices hit record highs at $834 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,714 per ton), while the average price for exports to Pakistan ($611 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+22.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $2,923 per ton, surging by 15% against the previous year. Over the period under review, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 76% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,199 per ton), while the price for Turkey stood at $1,948 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.0%).
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina
In 2022, overseas shipments of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -19% to 9.2K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 2.3% against the previous year. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi shrank to $6.8M in 2022. Over the period under review, exports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by 3.7%. As a result, the exports reached the peak of $7.4M, and then shrank in the following year.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3,324 | 3,146 | 4,148 | 4,074 | 7.0% |
| United States | 622 | 694 | 902 | 776 | 7.7% |
| Chile | 520 | 228 | 423 | 717 | 11.3% |
| Ecuador | N/A | N/A | N/A | 188 | 0% |
| Malaysia | 42.4 | 174 | 450 | 168 | 58.2% |
| Peru | N/A | 520 | 14.1 | 146 | -47.0% |
| Pakistan | 423 | 343 | 18.6 | 14.7 | -67.4% |
| Russia | 386 | 179 | 140 | N/A | -39.8% |
| Colombia | 135 | 125 | 247 | N/A | 35.3% |
| Vietnam | 108 | 169 | 44.8 | N/A | -35.6% |
| India | 347 | 179 | 90.5 | N/A | -48.9% |
| Egypt | 121 | 234 | N/A | N/A | 93.4% |
| Honduras | 472 | 377 | 309 | N/A | -19.1% |
| Others | 810 | 763 | 607 | 719 | -3.9% |
| Total | 7,312 | 7,129 | 7,394 | 6,802 | -2.4% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Argentina in 2022:
- Brazil (6.3K tons)
- Chile (1.0K tons)
- United States (0.5K tons)
- Malaysia (0.3K tons)
- Peru (0.2K tons)
- Ecuador (0.2K tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina
In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi increased by 166% to 55 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a sharp reduction.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi skyrocketed to $160K in 2022. In general, imports, however, recorded a deep contraction.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 223 | 59.2 | 45.0 | 122 | -18.2% |
| Turkey | N/A | N/A | N/A | 31.3 | 0% |
| Others | 4.0 | 3.8 | 7.1 | 6.0 | 14.5% |
| Total | 227 | 63.0 | 52.1 | 160 | -11.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Argentina in 2022:
- United States (38.2 tons)
- Turkey (16.0 tons)
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