Borates; Peroxoborates (Perborates) Price in Angola - 2022

Contents:

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

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

In 2022, the average borates; peroxoborates (perborates) import price amounted to $1,352 per ton, waning by -50.5% against the previous year. Over the period under review, the import price faced a abrupt decrease. The pace of growth was the most pronounced in 2021 an increase of 120% against the previous year. Over the period under review, average import prices hit record highs at $4,358 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,204 per ton), while the price for India ($394 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 (+14.6%), while the prices for the other major suppliers experienced a decline.

Borates; Peroxoborates (Perborates) Price in Angola (FOB) - 2022

In 2021, the average borates; peroxoborates (perborates) export price amounted to $1,148 per ton, approximately mirroring the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $2,233 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Congo.

From 2016 to 2021, the rate of growth in terms of prices for Congo amounted to -28.3% per year.

Borates; Peroxoborates (Perborates) Imports in Angola

In 2022, purchases abroad of borates; peroxoborates (perborates)s increased by 157% to 10 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt slump.

In value terms, borates; peroxoborates (perborates) imports soared to $14K in 2022. Over the period under review, imports, however, continue to indicate a deep reduction.

Import of Borates; Peroxoborates (Perborates) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.95.04.05.0-17.5%
China3.21.10.41.9-16.0%
South Africa0.41.00.21.658.7%
India4.22.60.21.3-32.4%
Germany0.60.90.41.122.4%
Belgium0.81.01.01.111.2%
Spain1.20.60.40.4-30.7%
Others1.65.04.51.72.0%
Total21.017.111.114.1-12.4%

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

  1. India (3.4 tons)
  2. China (3.2 tons)
  3. Germany (1.0 tons)
  4. Belgium (0.8 tons)
  5. South Africa (0.3 tons)
  6. United States (0.3 tons)
  7. Spain (0.2 tons)

Borates; Peroxoborates (Perborates) Exports in Angola

In 2021, the amount of borates; peroxoborates (perborates)s exported from Angola totaled 840 kg, leveling off at the previous year. Over the period under review, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, borates; peroxoborates (perborates) exports amounted to $964 in 2021. In general, exports enjoyed prominent growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Export of Borates; Peroxoborates (Perborates) in Angola (USD)
COUNTRY201920202021CAGR,
2019-2021
Congo766N/A96412.2%
OthersN/AN/AN/A0%
Total766N/A96412.2%

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

  1. Congo (840.0 kg)

Source: IndexBox Market Intelligence Platform

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