Borates; Peroxoborates (Perborates) Price in Finland - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Finland (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Finland (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Finland
- Borates; Peroxoborates (Perborates) Exports in Finland
Borates; Peroxoborates (Perborates) Price in Finland (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $526 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 35%. As a result, import price attained the peak level of $574 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +0.5% per year.
Borates; Peroxoborates (Perborates) Price in Finland (FOB) - 2022
In 2022, the average borates; peroxoborates (perborates) export price amounted to $531 per ton, reducing by -47.9% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 193%. The export price peaked at $4,569 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($3,740 per ton), while the average price for exports to Sweden ($316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Finland
In 2022, the amount of borates; peroxoborates (perborates)s imported into Finland soared to 13K tons, increasing by 123% against the year before. Overall, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, borates; peroxoborates (perborates) imports soared to $7M in 2022. Over the period under review, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Peroxoborates (Perborates) in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.8 | 3.6 | 2.3 | 6.5 | 19.6% |
| Others | 0.6 | 0.5 | 0.8 | 0.4 | -12.6% |
| Total | 4.4 | 4.1 | 3.1 | 7.0 | 16.7% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Finland in 2022:
- Turkey (13.1K tons)
Borates; Peroxoborates (Perborates) Exports in Finland
In 2022, the amount of borates; peroxoborates (perborates)s exported from Finland surged to 196 tons, jumping by 64% compared with the year before. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 947% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, borates; peroxoborates (perborates) exports contracted to $104K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 131%. As a result, the exports reached the peak of $122K, and then contracted in the following year.
| Export of Borates; Peroxoborates (Perborates) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 50.5 | 0% |
| Sweden | N/A | N/A | N/A | 38.8 | 0% |
| Denmark | 0.5 | 0.5 | 0.5 | 11.6 | 185.2% |
| Russia | 10.4 | 12.0 | 96.9 | 1.8 | -44.3% |
| Norway | 13.2 | 32.6 | 23.1 | 0.8 | -60.7% |
| Malaysia | N/A | 7.6 | N/A | N/A | 0% |
| Canada | 4.9 | N/A | 1.7 | N/A | -41.1% |
| Others | 3.7 | N/A | N/A | 0.8 | -40.0% |
| Total | 32.6 | 52.8 | 122 | 104 | 47.2% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Finland in 2022:
- Sweden (122.9 tons)
- Poland (67.2 tons)
- Denmark (3.1 tons)
- Norway (1.6 tons)
- Russia (0.8 tons)
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