Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uganda - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uganda (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uganda
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uganda (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $874 per ton in 2022, remaining stable against the previous year. Overall, the import price enjoyed slight growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 143%. The import price peaked at $1,149 per ton in 2018; however, from 2019 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 India ($3,147 per ton), while the price for Kenya ($662 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.8%), 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 Uganda
In 2022, overseas purchases of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -29.9% to 33 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 386% against the previous year. As a result, imports attained the peak of 48 tons, and then plummeted in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi declined rapidly to $29K in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 297%. As a result, imports reached the peak of $41K, and then fell dramatically in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.2 | 6.9 | 19.5 | 13.6 | 47.9% |
| China | 3.7 | 1.8 | 19.3 | 12.6 | 50.4% |
| India | 1.0 | 0.6 | 1.1 | 1.8 | 21.6% |
| Kenya | 0.3 | 0.4 | 0.8 | 0.8 | 38.7% |
| Others | 0.1 | 0.7 | 0.3 | 0.3 | 44.2% |
| Total | 9.3 | 10.3 | 41.0 | 29.1 | 46.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Uganda in 2022:
- Turkey (19.6 tons)
- China (11.8 tons)
- Kenya (1.2 tons)
- India (0.6 tons)
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