Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $581 per ton, jumping by 17% against the previous year. In general, the import price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 23%. As a result, import price attained the peak level of $712 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($735 per ton), while the price for Turkey ($557 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $502 per ton, dropping by -5.3% against the previous year. Over the period under review, the export price showed a abrupt downturn. Over the period under review, the average export prices reached the maximum at $530 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Syrian Arab Republic.
From 2021 to 2022, the rate of growth in terms of prices for Syrian Arab Republic amounted to -5.3% per year.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan
In 2022, purchases abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -6.8% to 234 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 119% against the previous year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi stood at $136K in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 90%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 29.4 | 58.1 | 61.2 | 101 | 50.9% |
China | 1.4 | 1.7 | 2.0 | 17.3 | 131.2% |
India | 7.6 | 12.6 | 12.0 | 13.8 | 22.0% |
Slovenia | N/A | N/A | 43.7 | N/A | 0% |
Others | 2.5 | 5.4 | 5.3 | 3.6 | 12.9% |
Total | 40.9 | 77.8 | 124 | 136 | 49.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Jordan in 2022:
- Turkey (182.0 tons)
- India (24.7 tons)
- China (23.6 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan
In 2022, exports of borates; disodium tetraborate (refined borax), other than anhydroi from Jordan stood at 54 tons, leveling off at 2021. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 1.6% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi contracted slightly to $27K in 2022. Overall, exports, however, recorded a abrupt slump. The smallest decline of -4.2% was in 2020.
Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Jordan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Syrian Arab Republic | 28.5 | 27.2 | -4.6% | ||
Others | N/A | N/A | 0% | ||
Total | 28.5 | 27.2 | -4.6% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Jordan in 2022:
- Syrian Arab Republic (54.1 tons)
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