Borates; Peroxoborates (Perborates) Price in Saudi Arabia - 2021
Contents:
- Borates; Peroxoborates (Perborates) Price in Saudi Arabia (FOB) - 2022
- Borates; Peroxoborates (Perborates) Exports in Saudi Arabia
Borates; Peroxoborates (Perborates) Price in Saudi Arabia (FOB) - 2022
In 2021, the average borates; peroxoborates (perborates) export price amounted to $1,267 per ton, almost unchanged from the previous year. Overall, the export price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2015 an increase of 139%. Over the period under review, the average export prices attained the peak figure at $2,784 per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Algeria ($2,169 per ton), while the average price for exports to Oman ($871 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+747.7%), while the prices for the other major destinations experienced mixed trend patterns.
Borates; Peroxoborates (Perborates) Exports in Saudi Arabia
In 2022, shipments abroad of borates; peroxoborates (perborates)s decreased by -13.8% to 42 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 134% against the previous year.
In value terms, borates; peroxoborates (perborates) exports reduced to $53K in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 81%.
| Export of Borates; Peroxoborates (Perborates) in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Bahrain | 5.8 | 7.6 | 35.4 | 147.1% | |
| Oman | 15.2 | 5.5 | 14.1 | -3.7% | |
| Algeria | N/A | N/A | 10.6 | 0% | |
| Japan | N/A | N/A | 0.9 | 0% | |
| Kuwait | 3.4 | 3.7 | N/A | 8.8% | |
| United Arab Emirates | N/A | 17.1 | N/A | 0% | |
| Others | N/A | 10.5 | N/A | 0% | |
| Total | 24.4 | 44.3 | 61.0 | 58.1% | |
Top Export Markets for Borates; Peroxoborates (Perborates) from Saudi Arabia in 2022:
- Bahrain (26.2 tons)
- Oman (16.2 tons)
- Algeria (4.9 tons)
- Japan (0.9 tons)
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