Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland - 2023
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland (CIF) - 2022
In 2022, the average import price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $444 per ton, growing by 12% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $485 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -0.9% per year.
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), other than anhydroi amounted to $529 per ton, picking up by 21% against the previous year. Overall, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 446%. The export price peaked at $1,313 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($1,382 per ton), while the average price for exports to Sweden ($426 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 Russia (+27.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland
In 2022, imports of borates; disodium tetraborate (refined borax), other than anhydroi into Finland surged to 13K tons, increasing by 135% compared with the year before. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi skyrocketed to $5.6M in 2022. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.3 | 3.4 | 2.0 | 5.5 | 18.6% |
| Others | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Total | 3.3 | 3.4 | 2.1 | 5.6 | 19.3% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Finland in 2022:
- Turkey (12.5K tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Finland
For the fourth year in a row, Finland recorded growth in shipments abroad of borates; disodium tetraborate (refined borax), other than anhydroi, which increased by 1,832% to 4.9K tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi soared to $2.6M in 2022. Over the period under review, exports showed significant growth. 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 1,114 | 0% |
| Poland | N/A | N/A | N/A | 1,068 | 0% |
| Denmark | N/A | N/A | N/A | 333 | 0% |
| Russia | N/A | N/A | 87.5 | 37.0 | -57.7% |
| Norway | 13.2 | 32.6 | 23.1 | 15.9 | 6.4% |
| Others | N/A | 7.6 | N/A | 7.9 | 2.0% |
| Total | 13.2 | 40.3 | 111 | 2,576 | 480.0% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Finland in 2022:
- Sweden (2615.7 tons)
- Poland (1912.6 tons)
- Denmark (241.1 tons)
- Russia (60.0 tons)
- Norway (27.0 tons)
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