Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $464 per ton in 2022, declining by -11% against the previous year. Overall, the import price showed a perceptible decrease. The growth pace was the most rapid in 2018 when the average import price increased by 5.6% against the previous year. Over the period under review, average import prices attained the maximum at $587 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($684 per ton), while the price for Sweden stood at $447 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%).
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $2,072 per ton in 2022, rising by 2.9% against the previous year. Overall, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 165%. As a result, the export price reached the peak level of $2,692 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($4,682 per ton), while the average price for exports to Sweden amounted to $377 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+185.4%), while the prices for the other major destinations experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway
In 2022, after three years of growth, there was significant decline in supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi, when their volume decreased by -8% to 6.9K tons. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 12% against the previous year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi fell rapidly to $3.2M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports attained the peak of $3.9M, and then contracted sharply in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.0 | 3.4 | 3.7 | 2.8 | -2.3% |
| Netherlands | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 3.4 | 3.9 | 3.2 | 2.2% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Norway in 2022:
- Sweden (6.4K tons)
- Netherlands (0.5K tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway
In 2022, exports of borates; disodium tetraborate (refined borax), other than anhydroi from Norway skyrocketed to 11 tons, rising by 37% against the previous year. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 140%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $23K in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 41%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 5.3 | 4.6 | N/A | 20.0 | 55.7% |
| Sweden | 3.0 | 2.8 | N/A | 2.5 | -5.9% |
| United Kingdom | N/A | 4.2 | N/A | N/A | 0% |
| Lithuania | N/A | N/A | 7.5 | N/A | 0% |
| Netherlands | N/A | N/A | 8.7 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.5 | 0% |
| Total | 8.3 | 11.6 | 16.3 | 23.0 | 40.5% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Norway in 2022:
- Sweden (6.7 tons)
- Denmark (4.3 tons)
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