Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile - 2024
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $771 per ton, jumping by 37% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue 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 Turkey ($890 per ton), while the price for the United States ($698 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $22,241 per ton in 2022, leveling off at the previous year. In general, the export price saw significant growth. The growth pace was the most rapid in 2013 an increase of 332% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +9.3% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile
In 2022, approx. 2.1K tons of borates; disodium tetraborate (refined borax), other than anhydroi were imported into Chile; rising by 33% against 2021 figures. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $1.6M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 520 | 228 | 423 | 717 | 11.3% |
| Turkey | 125 | 118 | 121 | 653 | 73.5% |
| United States | 87.9 | 525 | 316 | 229 | 37.6% |
| Others | 10.9 | 7.5 | 15.5 | 5.6 | -19.9% |
| Total | 743 | 879 | 876 | 1,603 | 29.2% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Chile in 2022:
- Argentina (1016.2 tons)
- Turkey (732.8 tons)
- United States (327.7 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile
For the third consecutive year, Chile recorded decline in overseas shipments of borates; disodium tetraborate (refined borax), other than anhydroi, which decreased by 0% to 2 tons in 2022. In general, exports recorded a precipitous decline. The smallest decline of -71.9% was in 2020.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi amounted to $44K in 2022. Over the period under review, exports recorded a dramatic contraction. The smallest decline of -83.3% was in 2020.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 84.0 | N/A | N/A | 44.5 | -19.1% |
| Ecuador | 29.6 | N/A | N/A | N/A | 0% |
| Colombia | 30.6 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | 24.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 144 | 24.1 | N/A | 44.5 | -32.4% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Chile in 2022:
- Poland (2.0 tons)
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