Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile - 2023

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile (CIF) - 2022

In 2022, the average import price for borates; disodium tetraborate (refined borax), anhydroi amounted to $1,201 per ton, jumping by 18% against the previous year. Over the period under review, the import price, however, showed a slight decline. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $1,359 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,442 per ton), while the price for Turkey ($1,083 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile (FOB) - 2022

In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $2,594 per ton, surging by 45% against the previous year. In general, the export price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2016 an increase of 126% against the previous year. The export price peaked at $2,881 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($2,621 per ton), while the average price for exports to Bolivia totaled $2,431 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+2.2%).

Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile

In 2022, imports of borates; disodium tetraborate (refined borax), anhydroi into Chile skyrocketed to 613 tons, jumping by 275% compared with 2021 figures. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi skyrocketed to $736K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.619.330.0390339.3%
Argentina88.8N/AN/A22135.5%
United States77.617512711313.3%
Others11.47.08.612.22.3%
Total18220116673659.3%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Chile in 2022:

  1. Turkey (360.0 tons)
  2. Argentina (153.3 tons)
  3. United States (99.8 tons)

Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile

In 2022, overseas shipments of borates; disodium tetraborate (refined borax), anhydroi decreased by -73.1% to 7 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 539%. As a result, the exports reached the peak of 32 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi dropped rapidly to $18K in 2022. Over the period under review, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by 596%. As a result, the exports attained the peak of $77K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina5.773.212.615.840.5%
Bolivia2.12.12.12.44.6%
Panama3.41.7N/AN/A-50.0%
AustraliaN/AN/A32.0N/A0%
OthersN/AN/AN/AN/A0%
Total11.177.146.718.217.9%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Chile in 2022:

  1. Argentina (6.0 tons)
  2. Bolivia (1.0 tons)

Source: IndexBox Market Intelligence Platform

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