Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia - 2024
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia (FOB) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia (CIF) - 2022
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $7,891 per ton in 2022, jumping by 177% against the previous year. Over the period under review, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 291%. As a result, the export price reached the peak level of $34,681 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($80,391 per ton), while the average price for exports to Papua New Guinea ($2,027 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 Malaysia (+69.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia (CIF) - 2022
In 2020, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $460 per ton, growing by 7.2% against the previous year. Overall, the import price, however, saw a slight contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 16%. Over the period under review, average import prices reached the peak figure at $500 per ton in 2012; however, from 2013 to 2020, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($454 per ton), while the price for Turkey amounted to $441 per ton.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia (+13.5%), while the prices for the other major suppliers experienced a decline.
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia
In 2022, after three years of growth, there was significant decline in shipments abroad of borates; disodium tetraborate (refined borax), other than anhydroi, when their volume decreased by -40% to 29 tons. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 174%.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $226K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 179% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | N/A | 20.5 | N/A | 135 | 156.6% |
| New Zealand | 23.7 | 31.4 | 84.9 | 28.6 | 6.5% |
| United States | N/A | N/A | N/A | 28.0 | 0% |
| New Caledonia | N/A | N/A | N/A | 16.5 | 0% |
| India | N/A | N/A | N/A | 5.6 | 0% |
| Papua New Guinea | N/A | N/A | 3.4 | 2.4 | -29.4% |
| Finland | N/A | N/A | N/A | 2.2 | 0% |
| United Kingdom | N/A | 12.8 | 9.4 | 1.8 | -62.5% |
| Egypt | N/A | 2.0 | N/A | N/A | 0% |
| Others | 22.5 | 62.1 | 38.0 | 5.5 | -37.5% |
| Total | 46.2 | 129 | 136 | 226 | 69.8% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Australia in 2022:
- New Zealand (12.0 tons)
- United States (8.1 tons)
- New Caledonia (3.2 tons)
- Gabon (1.7 tons)
- Papua New Guinea (1.2 tons)
- Finland (0.9 tons)
- India (0.9 tons)
- United Kingdom (0.4 tons)
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia
In 2020, approx. 1.8K tons of borates; disodium tetraborate (refined borax), other than anhydroi were imported into Australia; dropping by -78.3% against the previous year. Over the period under review, imports faced a significant decline.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi fell markedly to $819K in 2020. In general, imports faced a sharp contraction.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| United States | 1.0 | 0.5 | -50.0% | ||
| Turkey | 2.4 | 0.3 | -87.5% | ||
| Others | 0.1 | N/A | 0% | ||
| Total | 3.5 | 0.8 | -77.1% | ||
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Australia in 2022:
- United States (1151.1 tons)
- Turkey (604.5 tons)
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