Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kuwait - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kuwait (FOB) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kuwait
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kuwait (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $689 per ton, waning by -51.1% against the previous year. Over the period under review, the export price recorded a dramatic downturn. The pace of growth was the most pronounced in 2021 a decrease of -30% against the previous year. Over the period under review, the average export prices hit record highs at $2,877 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,518 per ton), while the average price for exports to Qatar totaled $131 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-25.5%).
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kuwait
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi exported from Kuwait declined dramatically to 3.6 tons, with a decrease of -27.6% against 2021 figures. In general, exports saw a deep contraction. The smallest decline of -14.9% was in 2020.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi contracted rapidly to $2.5K in 2022. Overall, exports showed a sharp reduction. The smallest decline of -40.5% was in 2021.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 13.1 | 11.8 | 7.0 | 2.2 | -44.8% |
| Qatar | N/A | N/A | N/A | 0.3 | 0% |
| Russia | 2.6 | N/A | N/A | N/A | 0% |
| Germany | 2.0 | N/A | N/A | N/A | 0% |
| Brunei Darussalam | 2.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.8 | 11.8 | 7.0 | 2.5 | -49.8% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Kuwait in 2022:
- Qatar (2.1 tons)
- United Arab Emirates (1.4 tons)
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