Price for Boron Oxide and Boric Acid in Slovenia - 2023

Contents:

  1. Price for Boron Oxide and Boric Acid in Slovenia (CIF) - 2022
  2. Price for Boron Oxide and Boric Acid in Slovenia (FOB) - 2022
  3. Imports of Boron Oxide and Boric Acid in Slovenia
  4. Exports of Boron Oxide and Boric Acid in Slovenia

Price for Boron Oxide and Boric Acid in Slovenia (CIF) - 2022

In 2022, the average import price for oxides of boron and boric acids amounted to $1,093 per ton, picking up by 29% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, boron oxide and boric acid import price decreased by -2.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 76%. As a result, import price reached the peak level of $1,626 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($6,108 per ton), while the price for Turkey ($850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Boron Oxide and Boric Acid in Slovenia (FOB) - 2022

The average export price for oxides of boron and boric acids stood at $786 per ton in 2022, dropping by -35.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 175% against the previous year. As a result, the export price attained the peak level of $2,274 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,022 per ton), while the average price for exports to Austria totaled $757 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boron Oxide and Boric Acid in Slovenia

In 2022, imports of oxides of boron and boric acids into Slovenia reduced sharply to 757 tons, waning by -24% against 2021 figures. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 291% against the previous year. As a result, imports attained the peak of 996 tons, and then reduced remarkably in the following year.

In value terms, boron oxide and boric acid imports dropped to $828K in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 195%. As a result, imports attained the peak of $842K, and then declined in the following year.

Import of Boron Oxide and Boric Acid in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey18813653958145.7%
China67.433.553.616935.9%
Germany55.466.594.243.0-8.1%
United States20.516.724.823.24.2%
Italy20.321.41204.2-40.9%
Poland15.35.35.63.4-39.4%
Others9.56.14.63.8-26.3%
Total37628684282830.1%

Top Suppliers of Boron Oxide and Boric Acid to Slovenia in 2022:

  1. Turkey (684.1 tons)
  2. China (40.0 tons)
  3. United States (20.4 tons)
  4. Germany (7.0 tons)
  5. Poland (3.2 tons)
  6. Italy (1.6 tons)

Exports of Boron Oxide and Boric Acid in Slovenia

In 2022, boron oxide and boric acid exports from Slovenia surged to 679 tons, growing by 348% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,124%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, boron oxide and boric acid exports soared to $534K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,280%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Boron Oxide and Boric Acid in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria10.54.2N/A462253.0%
GermanyN/A1.482.168.2598.0%
Bulgaria1.71.217.40.4-38.3%
Others4.06.685.23.1-8.1%
Total16.313.4185534220.0%

Top Export Markets for Boron Oxide and Boric Acid from Slovenia in 2022:

  1. Austria (610.0 tons)
  2. Germany (66.8 tons)
  3. Bulgaria (0.3 tons)

Source: IndexBox Market Intelligence Platform

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