Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic - 2023

Contents:

1. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic (CIF) - 2022
2. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic (FOB) - 2022
3. Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic
4. Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic

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

The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $510 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9%. Over the period under review, average import prices hit record highs at $530 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($608 per ton) and the Netherlands ($539 per ton), while the price for Luxembourg ($458 per ton) and Austria ($471 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic (FOB) - 2022

The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $2,238 per ton in 2022, declining by -23.4% against the previous year. Overall, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 260% against the previous year. As a result, the export price attained the peak level of $3,041 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($36,727 per ton), while the average price for exports to Slovakia ($883 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 Poland (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic

In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into the Czech Republic reached 16K tons, remaining relatively unchanged against the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi stood at $8M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. Luxembourg (8.6K tons)
2. Slovenia (4.7K tons)
3. Netherlands (0.9K tons)
4. Austria (0.8K tons)
5. Poland (0.4K tons)

Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Czech Republic

In 2022, exports of borates; disodium tetraborate (refined borax), other than anhydroi from the Czech Republic soared to 20 tons, picking up by 63% compared with the previous year. Overall, exports, however, continue to indicate a slight shrinkage.

In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $44K in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 86%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from the Czech Republic in 2022:

1. Slovakia (8.0 tons)
2. Italy (7.8 tons)
3. Poland (3.2 tons)
4. El Salvador (0.4 tons)

Source: IndexBox Market Intelligence Platform