Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Egypt - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Egypt (CIF) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Egypt
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Egypt (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $543 per ton in 2022, surging by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 25%. Over the period under review, average import prices attained the maximum at $587 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($543 per ton) and Turkey ($543 per ton), while the price for Argentina ($494 per ton) and China ($543 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Egypt
In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -35.5% to 3.4K tons, falling for the second consecutive year after two years of growth. In general, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 158%. As a result, imports attained the peak of 5.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi reduced dramatically to $1.9M in 2022. Over the period under review, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 104%.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 824 | 1,829 | 1,591 | 1,354 | 18.0% |
| Argentina | 114 | 144 | 204 | 200 | 20.6% |
| United States | 54.7 | 115 | 173 | 173 | 46.8% |
| China | 31.3 | 9.6 | 36.5 | 80.9 | 37.2% |
| Others | 152 | 299 | 458 | 49.2 | -31.3% |
| Total | 1,176 | 2,396 | 2,463 | 1,857 | 16.4% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Egypt in 2022:
- Turkey (2491.8 tons)
- Argentina (405.4 tons)
- United States (317.5 tons)
- China (148.9 tons)
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