Borates; Peroxoborates (Perborates) Price in Italy - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Italy (CIF) - 2023
- Borates; Peroxoborates (Perborates) Price in Italy (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Italy
- Borates; Peroxoborates (Perborates) Exports in Italy
Borates; Peroxoborates (Perborates) Price in Italy (CIF) - 2023
The average borates; peroxoborates (perborates) import price stood at $1,465 per ton in August 2023, rising by 88% against the previous month. In general, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 147% month-to-month. As a result, import price reached the peak level of $1,856 per ton. From April 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,565 per ton), while the price for Turkey ($613 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Borates; Peroxoborates (Perborates) Price in Italy (FOB) - 2022
The average borates; peroxoborates (perborates) export price stood at $671 per ton in 2022, stabilizing at the previous year. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs at $2,205 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,430 per ton), while the average price for exports to Slovakia ($407 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 the United States (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Italy
In 2022, approx. 31K tons of borates; peroxoborates (perborates)s were imported into Italy; with an increase of 17% against the year before. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, borates; peroxoborates (perborates) imports surged to $21M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +80.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 37%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Borates; Peroxoborates (Perborates) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 8.8 | 8.2 | 10.3 | 15.2 | 20.0% |
| China | 1.6 | 1.2 | 1.5 | 1.7 | 2.0% |
| India | 0.6 | 0.5 | 1.4 | 1.6 | 38.7% |
| Netherlands | 0.8 | 0.6 | 1.0 | 0.6 | -9.1% |
| Others | 1.0 | 1.1 | 1.8 | 1.9 | 23.9% |
| Total | 12.9 | 11.6 | 16.0 | 20.9 | 17.4% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Italy in 2022:
- Turkey (28.4K tons)
- India (0.6K tons)
- Netherlands (0.5K tons)
- China (0.4K tons)
Borates; Peroxoborates (Perborates) Exports in Italy
In 2022, approx. 11K tons of borates; peroxoborates (perborates)s were exported from Italy; increasing by 123% on 2021. In general, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, borates; peroxoborates (perborates) exports surged to $7.1M in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback.
| Export of Borates; Peroxoborates (Perborates) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 101 | 105 | 114 | 1,590 | 150.6% |
| Switzerland | 1,473 | 1,087 | 1,419 | 1,446 | -0.6% |
| Saudi Arabia | 164 | 174 | 374 | 952 | 79.7% |
| Czech Republic | 15.1 | 13.1 | 151 | 515 | 224.3% |
| Germany | 1,714 | 38.5 | 89.7 | 506 | -33.4% |
| United States | 2,047 | 103 | 175 | 331 | -45.5% |
| France | 859 | 84.8 | 160 | 321 | -28.0% |
| Austria | 54.3 | 50.8 | 32.4 | 310 | 78.7% |
| Slovakia | N/A | 259 | 40.6 | 262 | 0.6% |
| Poland | 1,261 | 177 | 169 | 185 | -47.3% |
| Others | 3,543 | 480 | 453 | 688 | -42.1% |
| Total | 11,232 | 2,572 | 3,178 | 7,108 | -14.1% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Italy in 2022:
- Slovenia (3359.0 tons)
- Switzerland (2811.5 tons)
- Czech Republic (970.1 tons)
- Austria (665.6 tons)
- Saudi Arabia (652.5 tons)
- Slovakia (644.8 tons)
- France (454.6 tons)
- Germany (319.4 tons)
- Poland (67.4 tons)
- United States (61.0 tons)
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