Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland - 2023

Contents:

  1. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland (CIF) - 2022
  2. Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland (FOB) - 2022
  3. Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland
  4. Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland (CIF) - 2022

The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,929 per ton in 2022, increasing by 10% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 112% against the previous year. Over the period under review, average import prices hit record highs at $2,925 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,048 per ton), while the price for Turkey ($1,104 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland (FOB) - 2022

The average export price for borates; disodium tetraborate (refined borax), anhydroi stood at $7,206 per ton in 2022, picking up by 17% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 an increase of 1,434% against the previous year. Over the period under review, the average export prices attained the peak figure at $139,947 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($97,118 per ton), while the average price for exports to the United States ($2,760 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 India (+19.3%), while the prices for the other major destinations experienced a decline.

Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland

In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi imported into Switzerland contracted modestly to 56 tons, declining by -4.6% against 2021 figures. In general, imports saw a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 44%.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi reached $108K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.67.935.129.0162.7%
United States28.728.026.528.1-0.7%
Turkey28.013.021.827.1-1.1%
Italy21.218.518.623.23.1%
Others1.30.50.30.2-46.4%
Total80.867.910210810.2%

Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Switzerland in 2022:

  1. Turkey (24.6 tons)
  2. United States (16.8 tons)
  3. Germany (7.2 tons)
  4. Italy (7.2 tons)

Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland

In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi exported from Switzerland was estimated at 8.6 tons, standing approx. at the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi surged to $62K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.011.216.026.930.9%
United States19.812.019.621.93.4%
India1.80.71.81.7-1.9%
Others10.37.415.011.43.4%
Total43.931.352.362.012.2%

Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Switzerland in 2022:

  1. United States (8.0 tons)
  2. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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