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

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Netherlands (FOB) - 2023
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Netherlands (CIF) - 2023
  3. Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Netherlands
  4. Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Netherlands

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

The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $622 per ton in September 2023, which is down by -2.2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 8.5% month-to-month. As a result, the export price reached the peak level of $705 per ton. From July 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($1,528 per ton), while the average price for exports to Switzerland ($732 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,249 per ton in September 2023, picking up by 143% against the previous month. Overall, the import price showed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From December 2022 to September 2023, the rate of growth in terms of prices for Switzerland amounted to +14.2% per month.

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

In 2022, overseas shipments of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -71.5% to 22K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 2,366% against the previous year. As a result, the exports reached the peak of 80K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi contracted significantly to $12M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,593%. As a result, the exports reached the peak of $32M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6018,0302317,050127.2%
Poland0.11812199822041.4%
France50555958381117.1%
Spain0.81,342729597807.0%
Belgium372314416363-0.8%
Czech Republic167260241122-9.9%
United Kingdom1.014846359.4290.2%
Others21420,67528,1451,59695.4%
Total1,86131,50731,02811,57983.9%

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

  1. Germany (13.0K tons)
  2. Poland (2.0K tons)
  3. Spain (1.7K tons)
  4. France (0.9K tons)
  5. Belgium (0.5K tons)
  6. Czech Republic (0.2K tons)
  7. United Kingdom (0.1K tons)

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

After three years of growth, supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -75.5% to 21K tons in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 308% against the previous year.

In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi fell dramatically to $9.5M in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 260% against the previous year.

Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A10.5N/A3.6-41.4%
Luxembourg2.22.02.12.65.7%
Turkey1.61.92.51.3-6.7%
FranceN/AN/AN/A1.10%
Others0.30.527.50.944.2%
Total4.114.932.19.532.3%

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

  1. United States (9.6K tons)
  2. Luxembourg (5.6K tons)
  3. France (2.5K tons)
  4. Turkey (2.4K tons)

Source: IndexBox Market Intelligence Platform

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