Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Dominican Republic - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Dominican Republic (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Dominican Republic
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Dominican Republic (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $913 per ton, declining by -4.4% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for borates; disodium tetraborate (refined borax), other than anhydroi decreased by -4.4% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 26%. The import price peaked at $955 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,632 per ton), while the price for Germany ($393 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Dominican Republic
For the third year in a row, the Dominican Republic recorded decline in supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi, which decreased by -16.4% to 1 tons in 2022. In general, imports faced a abrupt downturn.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi shrank notably to $939 in 2022. Overall, imports saw a sharp curtailment. The smallest decline of -19.9% was in 2020.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 274 | 251 | 165 | 359 | 9.4% |
| Guatemala | 1,376 | 746 | 795 | 318 | -38.6% |
| United States | 43.0 | 288 | 191 | 131 | 45.0% |
| China | 2.0 | 4.0 | 7.0 | 69.0 | 225.5% |
| Netherlands | 35.0 | 21.0 | 11.0 | 34.0 | -1.0% |
| Germany | 95.0 | 2.0 | 2.0 | 22.0 | -38.6% |
| Argentina | N/A | 150 | N/A | N/A | 0% |
| Others | 8.0 | 6.0 | 4.0 | 6.0 | -9.1% |
| Total | 1,833 | 1,468 | 1,175 | 939 | -20.0% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to the Dominican Republic in 2022:
- Guatemala (432.0 kg)
- Turkey (429.0 kg)
- Germany (56.0 kg)
- United States (40.0 kg)
- Netherlands (36.0 kg)
- China (19.0 kg)
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