China - Oxides Of Boron, Boric Acids And Inorganic Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOxides of Boron Price in China - 2023
Contents:
- Oxides of Boron Price in China (CIF) - 2023
- Oxides of Boron Price in China (FOB) - 2023
- Oxides of Boron Imports in China
- Oxides of Boron Exports in China
Oxides of Boron Price in China (CIF) - 2023
In June 2023, the average oxides of boron import price amounted to $1,159 per ton, falling by -10.2% against the previous month. Over the period under review, the import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 12% month-to-month. As a result, import price attained the peak level of $1,715 per ton. From September 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Jordan ($2,175 per ton), while the price for Chile ($873 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Oxides of Boron Price in China (FOB) - 2023
The average oxides of boron export price stood at $1,135 per ton in June 2023, with a decrease of -3.6% against the previous month. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in March 2023 when the average export price increased by 9.8% month-to-month. The export price peaked at $3,118 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($2,296 per ton), while the average price for exports to Canada ($554 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-1.1%), while the prices for the other major destinations experienced a decline.
Oxides of Boron Imports in China
In 2022, after three years of growth, there was decline in supplies from abroad of oxides of boron, boric acids and inorganic acids, when their volume decreased by -1.9% to 376K tons. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year.
In value terms, oxides of boron imports soared to $527M in 2022. Overall, imports, however, recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Oxides of Boron in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 44.3 | 49.4 | 70.2 | 105 | 33.3% |
Jordan | 49.2 | 64.3 | 77.3 | 101 | 27.1% |
Israel | 28.8 | 37.8 | 46.5 | 97.4 | 50.1% |
United States | 37.6 | 45.4 | 47.3 | 78.9 | 28.0% |
Russia | 23.3 | 30.9 | 30.1 | 42.6 | 22.3% |
Chile | 23.8 | 28.9 | 33.8 | 38.8 | 17.7% |
Peru | 8.6 | 4.8 | 5.0 | 6.5 | -8.9% |
Others | 31.6 | 26.5 | 41.0 | 56.7 | 21.5% |
Total | 247 | 288 | 351 | 527 | 28.7% |
Top Suppliers of Oxides of Boron to China in 2022:
- Turkey (111.5K tons)
- United States (81.4K tons)
- Russia (49.4K tons)
- Chile (44.3K tons)
- Jordan (37.5K tons)
- Israel (32.9K tons)
- Peru (7.1K tons)
Oxides of Boron Exports in China
After three years of growth, overseas shipments of oxides of boron, boric acids and inorganic acids decreased by -5.9% to 90K tons in 2022. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of 96K tons, and then reduced in the following year.
In value terms, oxides of boron exports surged to $243M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Oxides of Boron in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 24.4 | 25.3 | 49.8 | 66.5 | 39.7% |
Brazil | 5.1 | 4.5 | 15.8 | 25.4 | 70.8% |
Spain | 3.8 | 5.0 | 9.8 | 12.6 | 49.1% |
Italy | 3.2 | 5.7 | 6.1 | 11.9 | 54.9% |
Israel | 1.1 | 3.8 | 7.3 | 11.4 | 118.0% |
Netherlands | 2.9 | 2.9 | 10.8 | 10.1 | 51.6% |
Japan | 1.4 | 1.5 | 5.6 | 8.9 | 85.2% |
South Korea | 3.5 | 3.0 | 6.6 | 7.4 | 28.3% |
Turkey | 1.7 | 3.1 | 4.7 | 5.9 | 51.4% |
Thailand | 0.8 | 1.1 | 3.0 | 5.6 | 91.3% |
France | 0.7 | 0.9 | 3.2 | 5.5 | 98.8% |
Belgium | 0.7 | 0.7 | 4.8 | 4.6 | 87.3% |
Indonesia | 1.4 | 1.9 | 1.1 | 4.1 | 43.1% |
Others | 33.0 | 33.0 | 51.0 | 62.9 | 24.0% |
Total | 83.6 | 92.2 | 180 | 243 | 42.7% |
Top Export Markets for Oxides of Boron from China in 2022:
- United States (20.5K tons)
- Brazil (8.9K tons)
- Spain (4.4K tons)
- Italy (3.4K tons)
- Israel (3.3K tons)
- Japan (3.2K tons)
- Thailand (3.1K tons)
- Netherlands (2.9K tons)
- Belgium (2.9K tons)
- Indonesia (2.7K tons)
- South Korea (2.7K tons)
- France (2.6K tons)
- Turkey (2.5K tons)
This report provides an in-depth analysis of the oxides of boron market in China. 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 20132460 - Oxides of boron, boric acids, inorganic acids (excluding hydrogen fluoride)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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