Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $2,364 per ton, surging by 2.8% against the previous year. Overall, the export price saw buoyant growth. The growth pace was the most rapid in 2018 when the average export price increased by 53% against the previous year. As a result, the export price reached the peak level of $3,310 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Sudan.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +7.9% per year.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,209 per ton in 2022, falling by -6.3% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2017 when the average import price increased by 104%. As a result, import price reached the peak level of $4,167 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 Germany ($16,000 per ton), while the price for the United States ($800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus
In 2022, exports of borates; disodium tetraborate (refined borax), anhydroi from Belarus rose notably to 13 tons, with an increase of 10% against 2021 figures. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi rose significantly to $31K in 2022. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 26%.
| Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 44.0 | 21.8 | 27.6 | 31.1 | -10.9% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 44.1 | 21.9 | 27.6 | 31.2 | -10.9% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Belarus in 2022:
- Sudan (13.2 tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus
For the fourth year in a row, Belarus recorded growth in supplies from abroad of borates; disodium tetraborate (refined borax), anhydroi, which increased by 8.9% to 86 kg in 2022. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. 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 amounted to $104 in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 3% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.0 | 23.0 | 33.0 | 32.0 | 3.3% |
| Germany | 29.0 | 23.0 | 33.0 | 32.0 | 3.3% |
| Russia | 24.0 | 17.0 | 23.0 | 21.0 | -4.4% |
| Belgium | 18.0 | 17.0 | 13.0 | 19.0 | 1.8% |
| Spain | N/A | 23.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 100 | 103 | 102 | 104 | 1.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Belarus in 2022:
- United States (40.0 kg)
- Belgium (22.0 kg)
- Russia (22.0 kg)
- Germany (2.0 kg)
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