Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Turkey - 2024
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Turkey (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Turkey
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Turkey (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $2,074 per ton, falling by -90.7% against the previous year. Overall, the import price recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 1,517% against the previous year. Over the period under review, average import prices hit record highs at $41,345 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($29,073 per ton), while the price for Brazil ($434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Turkey
In 2022, imports of borates; disodium tetraborate (refined borax), other than anhydroi into Turkey skyrocketed to 28 tons, growing by 3,411% against the previous year's figure. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $58K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.5 | 11.4 | 12.0 | 17.1 | 21.6% |
| Italy | N/A | N/A | N/A | 11.5 | 0% |
| Brazil | N/A | N/A | N/A | 10.4 | 0% |
| India | N/A | N/A | 3.2 | 4.1 | 28.1% |
| Ukraine | N/A | N/A | N/A | 2.3 | 0% |
| Others | 6.0 | 4.1 | 2.4 | 12.1 | 26.3% |
| Total | 15.6 | 15.6 | 17.6 | 57.5 | 54.5% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Turkey in 2022:
- Brazil (24.0 tons)
- Ukraine (1.0 tons)
- Italy (0.9 tons)
- Germany (0.6 tons)
- India (0.5 tons)
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