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

Contents:

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

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

The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $2,144 per ton in 2022, with an increase of 219% against the previous year. Over the period under review, the import price saw a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($7,122 per ton), while the price for the United States ($471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (-1.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $8,154 per ton, surging by 1,123% against the previous year. Over the period under review, the export price saw significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +27.3% per year.

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

In 2022, imports of borates; disodium tetraborate (refined borax), anhydroi into Guatemala totaled 25 tons, surging by 14% compared with the previous year's figure. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 260% against the previous year. As a result, imports reached the peak of 60 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi surged to $53K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1.43.04.227.9171.1%
Argentina0.10.51.224.6526.6%
United States11.335.38.50.3-70.2%
Others0.10.10.60.10.0%
Total13.039.014.553.059.8%

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

  1. Mexico (20.5 tons)
  2. Argentina (3.5 tons)
  3. United States (0.7 tons)

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

In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi exported from Guatemala fell remarkably to 13 kg, waning by -95.7% compared with the previous year. Overall, exports continue to indicate a sharp curtailment. The smallest decline of -40% was in 2021.

In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi contracted rapidly to $106 in 2022. In general, exports showed a sharp reduction. The smallest decline of -32.2% was in 2021.

Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador15455.056.0106-11.7%
Honduras438148144N/A-42.7%
OthersN/A92.0N/AN/A0%
Total592295200106-43.6%

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

  1. El Salvador (13.0 kg)

Source: IndexBox Market Intelligence Platform

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