![Canada - Borates - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/canada-borates-market-analysis-forecast-size-trends-and-insights.webp)
Canada - Borates - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBorates Price in Canada - 2023
Contents:
- Borates Price in Canada (CIF) - 2023
- Borates Price in Canada (FOB) - 2023
- Borates Imports in Canada
- Borates Exports in Canada
Borates Price in Canada (CIF) - 2023
The average borates import price stood at $730 per ton in September 2023, shrinking by -9.2% against the previous month. Over the period under review, the import price showed a slight reduction. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 30% m-o-m. Over the period under review, average import prices attained the peak figure at $832 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($929 per ton), while the price for the United States totaled $645 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.0%).
Borates Price in Canada (FOB) - 2023
In September 2023, the average borates export price amounted to $799 per ton, increasing by 1.9% against the previous month. Overall, the export price, however, saw a perceptible reduction. The growth pace was the most rapid in April 2023 an increase of 44% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,101 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,526 per ton), while the average price for exports to Mexico ($612 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+0.1%), while the prices for the other major destinations experienced a decline.
Borates Imports in Canada
In 2022, after three years of growth, there was decline in supplies from abroad of borates, when their volume decreased by -1.9% to 80K tons. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of 81K tons, and then fell slightly in the following year.
In value terms, borates imports contracted modestly to $56M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of $58M, and then dropped slightly in the following year.
Import of Borates in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 23.0 | 26.3 | 28.5 | 29.1 | 8.2% |
Turkey | 17.1 | 16.9 | 27.0 | 23.1 | 10.5% |
Others | 3.1 | 2.5 | 2.4 | 4.1 | 9.8% |
Total | 43.1 | 45.7 | 57.9 | 56.3 | 9.3% |
Top Suppliers of Borates to Canada in 2022:
- United States (46.8K tons)
- Turkey (30.7K tons)
Borates Exports in Canada
For the fourth year in a row, Canada recorded growth in shipments abroad of borates, which increased by 85% to 8.3K tons in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, borates exports skyrocketed to $6.4M in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Borates in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,291 | 790 | 1,294 | 2,751 | 28.7% |
Australia | 447 | 800 | 524 | 814 | 22.1% |
Netherlands | 204 | 250 | 367 | 532 | 37.6% |
South Africa | 209 | 169 | 233 | 468 | 30.8% |
China | 87.7 | 195 | 156 | 323 | 54.4% |
Indonesia | 47.9 | 56.0 | 99.0 | 230 | 68.7% |
Mexico | 27.7 | 23.9 | 26.6 | 200 | 93.3% |
New Caledonia | 85.1 | 7.9 | 94.6 | 186 | 29.8% |
South Korea | 83.2 | 74.7 | 66.5 | 107 | 8.7% |
Turkey | 114 | 74.4 | 247 | 96.1 | -5.5% |
Brazil | 65.1 | 14.1 | 67.7 | 88.3 | 10.7% |
United Kingdom | 68.0 | 64.7 | 74.0 | 73.5 | 2.6% |
Finland | 53.9 | 44.0 | 64.2 | 40.3 | -9.2% |
Others | 491 | 556 | 496 | 515 | 1.6% |
Total | 3,274 | 3,121 | 3,810 | 6,424 | 25.2% |
Top Export Markets for Borates from Canada in 2022:
- United States (2651.8 tons)
- Australia (1247.0 tons)
- Netherlands (814.1 tons)
- South Africa (715.7 tons)
- China (494.8 tons)
- Indonesia (351.4 tons)
- Mexico (312.9 tons)
- New Caledonia (285.5 tons)
- South Korea (163.3 tons)
- Turkey (147.1 tons)
- Brazil (135.3 tons)
- United Kingdom (112.3 tons)
- Finland (61.8 tons)
This report provides an in-depth analysis of the borates market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20136230 - Borates, peroxoborates (perborates)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the borates market in Canada.
This report provides an in-depth analysis of the global borates market.
This report provides an in-depth analysis of the borates market in Canada.
This report provides an in-depth analysis of the global borates market.
In June 2023, the price of Borates was $564 per ton (CIF, Canada), showing a decrease of -28% compared to the previous month.
Explore the top import markets for borates worldwide and discover key statistics and trends. Find out which countries are leading in borate imports and the opportunities they present for suppliers.
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...
In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...
Borates are used in the production of glass, ceramics, agriculture, detergents and bleaches. From 2007 to 2016, global borate consumption displayed a mixed dynamic. Between 2015 and 2016, global borate market remained relatively stable. As of the end o
In June 2023, the price of Borates was $564 per ton (CIF, Canada), showing a decrease of -28% compared to the previous month.
Explore the top import markets for borates worldwide and discover key statistics and trends. Find out which countries are leading in borate imports and the opportunities they present for suppliers.
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...