Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Venezuela - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Venezuela (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Venezuela
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Venezuela (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $1,718 per ton, increasing by 48% against the previous year. Overall, the import price enjoyed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Colombia ($2,131 per ton), while the price for the United States ($1,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+16.9%), 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 Venezuela
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi imported into Venezuela declined rapidly to 27 tons, waning by -38.5% against the previous year. Over the period under review, imports faced a dramatic downturn. The smallest decline of -27.8% was in 2021.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi declined to $47K in 2022. In general, imports showed a sharp reduction. The smallest decline of -8.5% was in 2021.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 134 | 46.5 | 43.5 | 40.1 | -33.1% |
| Turkey | 19.0 | 4.7 | 3.1 | 2.1 | -52.0% |
| Spain | 7.3 | 2.4 | 2.1 | 1.9 | -36.2% |
| United States | 7.1 | 2.0 | 1.8 | 1.6 | -39.1% |
| Colombia | 21.3 | 0.4 | 0.7 | 0.8 | -66.5% |
| Others | 1.2 | 0.3 | 0.3 | 0.4 | -30.7% |
| Total | 190 | 56.4 | 51.6 | 46.8 | -37.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Venezuela in 2022:
- Mexico (22.5 tons)
- United States (1.5 tons)
- Spain (1.4 tons)
- Turkey (1.3 tons)
- Colombia (0.4 tons)
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