Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia - 2024
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $1,072 per ton, increasing by 36% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,175 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,382 per ton), while the price for Turkey stood at $1,056 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.3%).
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $926 per ton in 2022, jumping by 19% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 67%. Over the period under review, the average export prices reached the peak figure at $1,051 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($1,345 per ton), while the average price for exports to North Macedonia ($145 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 Bosnia and Herzegovina (-7.6%), while the prices for the other major destinations experienced a decline.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia
In 2022, overseas purchases of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -39.7% to 129 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of 214 tons, and then fell remarkably in the following year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi dropped significantly to $138K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of $168K, and then dropped rapidly in the following year.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 63.8 | 90.9 | 156 | 133 | 27.7% |
| China | N/A | N/A | N/A | 2.8 | 0% |
| Others | 2.5 | 5.6 | 12.3 | 1.9 | -8.7% |
| Total | 66.3 | 96.4 | 168 | 138 | 27.7% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Serbia in 2022:
- Turkey (126.3 tons)
- China (2.0 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia
Exports of borates; disodium tetraborate (refined borax), other than anhydroi from Serbia surged to 73 tons in 2022, picking up by 715% on the previous year. Overall, exports, however, continue to indicate a abrupt setback.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi surged to $68K in 2022. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | N/A | N/A | 59.6 | 0% |
| Bosnia and Herzegovina | 4.0 | 5.5 | 6.7 | 6.0 | 14.5% |
| North Macedonia | N/A | N/A | N/A | 2.2 | 0% |
| Poland | 54.4 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Total | 58.8 | 5.8 | 7.0 | 68.0 | 5.0% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Serbia in 2022:
- Iran (44.3 tons)
- North Macedonia (15.0 tons)
- Bosnia and Herzegovina (14.1 tons)
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