Borates; Peroxoborates (Perborates) Price in Germany - 2023

Contents:

  1. Borates; Peroxoborates (Perborates) Price in Germany (CIF) - 2022
  2. Borates; Peroxoborates (Perborates) Price in Germany (FOB) - 2023
  3. Borates; Peroxoborates (Perborates) Imports in Germany
  4. Borates; Peroxoborates (Perborates) Exports in Germany

Borates; Peroxoborates (Perborates) Price in Germany (CIF) - 2022

The average borates; peroxoborates (perborates) import price stood at $562 per ton in 2022, jumping by 20% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 32%. As a result, import price attained the peak level of $638 per ton. From 2021 to 2022, the average 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 the United States ($1,695 per ton), while the price for Turkey ($424 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Borates; Peroxoborates (Perborates) Price in Germany (FOB) - 2023

In August 2023, the average borates; peroxoborates (perborates) export price amounted to $5,080 per ton, with an increase of 8.1% against the previous month. In general, the export price showed a resilient increase. The growth pace was the most rapid in October 2022 an increase of 78% m-o-m. The export price peaked at $5,289 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Poland ($9,427 per ton), while the average price for exports to Serbia ($1,770 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Imports in Germany

In 2022, approx. 83K tons of borates; peroxoborates (perborates)s were imported into Germany; shrinking by -32.6% against the year before. Over the period under review, imports, however, saw a measured increase. The pace of growth was the most pronounced in 2021 with an increase of 104% against the previous year. As a result, imports attained the peak of 123K tons, and then fell rapidly in the following year.

In value terms, borates; peroxoborates (perborates) imports fell notably to $47M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $58M, and then shrank remarkably in the following year.

Import of Borates; Peroxoborates (Perborates) in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/A13.418.121.827.5%
Turkey18.46.327.07.8-24.9%
Netherlands0.22.64.54.0171.4%
LuxembourgN/A1.2N/A3.058.1%
Poland0.71.70.72.960.6%
United States10.60.30.71.1-53.0%
Others5.713.06.76.12.3%
Total35.638.657.746.79.5%

Top Suppliers of Borates; Peroxoborates (Perborates) to Germany in 2022:

  1. Finland (48.1K tons)
  2. Turkey (18.5K tons)
  3. Poland (5.7K tons)
  4. Luxembourg (4.3K tons)
  5. Netherlands (3.9K tons)
  6. United States (0.6K tons)

Borates; Peroxoborates (Perborates) Exports in Germany

In 2022, exports of borates; peroxoborates (perborates)s from Germany contracted rapidly to 7.8K tons, reducing by -34.1% compared with the previous year's figure. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 294%. As a result, the exports attained the peak of 12K tons, and then shrank markedly in the following year.

In value terms, borates; peroxoborates (perborates) exports reduced dramatically to $11M in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $14M, and then fell rapidly in the following year.

Export of Borates; Peroxoborates (Perborates) in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4946894,7922,06961.2%
Netherlands1,0197658561,2958.3%
Czech Republic2743281,48974239.4%
France52054481770010.4%
Belgium4173754414764.5%
Sweden3202222184169.1%
United Kingdom381297367368-1.2%
Italy1981631432426.9%
Slovakia20489.750.1141-11.6%
Malaysia75.389.559.667.6-3.5%
Others3,0323,4324,7074,25011.9%
Total6,9356,99613,94010,76715.8%

Top Export Markets for Borates; Peroxoborates (Perborates) from Germany in 2022:

  1. Poland (4113.6 tons)
  2. Netherlands (1057.0 tons)
  3. Czech Republic (746.3 tons)
  4. France (286.0 tons)
  5. Sweden (230.2 tons)
  6. Malaysia (162.7 tons)
  7. Belgium (161.1 tons)
  8. United Kingdom (141.4 tons)
  9. Italy (121.1 tons)
  10. Slovakia (87.6 tons)

Source: IndexBox Market Intelligence Platform

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