Borates; Peroxoborates (Perborates) Price in Portugal - 2023
Contents:
- Borates; Peroxoborates (Perborates) Price in Portugal (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Portugal (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Portugal
- Borates; Peroxoborates (Perborates) Exports in Portugal
Borates; Peroxoborates (Perborates) Price in Portugal (CIF) - 2022
In 2022, the average borates; peroxoborates (perborates) import price amounted to $818 per ton, rising by 29% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $975 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,267 per ton), while the price for Luxembourg ($547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Price in Portugal (FOB) - 2022
The average borates; peroxoborates (perborates) export price stood at $1,136 per ton in 2022, declining by -7.5% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 40%. As a result, the export price attained the peak level of $3,698 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -6.9% per year.
Borates; Peroxoborates (Perborates) Imports in Portugal
In 2022, after three years of growth, there was significant decline in purchases abroad of borates; peroxoborates (perborates)s, when their volume decreased by -11.6% to 2.6K tons. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 3K tons, and then fell in the following year.
In value terms, borates; peroxoborates (perborates) imports rose sharply to $2.2M in 2022. The total import value 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 was the most pronounced in 2021 with an increase of 17%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Borates; Peroxoborates (Perborates) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 319 | 348 | 679 | 673 | 28.3% |
| Spain | 589 | 702 | 771 | 609 | 1.1% |
| Netherlands | 227 | 261 | 190 | 240 | 1.9% |
| India | N/A | N/A | N/A | 196 | 0% |
| Turkey | 124 | 124 | 115 | 134 | 2.6% |
| France | 0.3 | 0.3 | 0.6 | 111 | 617.9% |
| United Kingdom | 354 | 73.2 | 1.3 | 0.8 | -86.9% |
| Others | 139 | 101 | 135 | 187 | 10.4% |
| Total | 1,752 | 1,610 | 1,891 | 2,152 | 7.1% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Portugal in 2022:
- Luxembourg (1231.1 tons)
- Spain (790.4 tons)
- Turkey (207.5 tons)
- Netherlands (160.5 tons)
- France (71.3 tons)
- India (59.9 tons)
- United Kingdom (1.4 tons)
Borates; Peroxoborates (Perborates) Exports in Portugal
In 2022, borates; peroxoborates (perborates) exports from Portugal expanded sharply to 134 tons, surging by 5.2% against the previous year. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 3,431%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, borates; peroxoborates (perborates) exports contracted to $153K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,073%. As a result, the exports reached the peak of $157K, and then contracted modestly in the following year.
| Export of Borates; Peroxoborates (Perborates) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.5 | 0.1 | 148 | 151 | 160.9% |
| Others | 5.9 | 13.3 | 9.1 | 1.8 | -32.7% |
| Total | 14.4 | 13.4 | 157 | 153 | 119.8% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Portugal in 2022:
- Spain (133.7 tons)
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