![Report Africa - Oxides of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/africa-oxides-of-boron-and-boric-acids-market-analysis-forecast-size-trends-and-insights.webp)
Africa - Oxides of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAfrica: Market for Oxides Of Boron and Boric Acids 2024
Market Size for Oxides Of Boron and Boric Acids in Africa
The African market for oxides of boron and boric acids surged to $X in 2021, rising by 39% against the previous year. Overall, consumption saw a remarkable increase. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.
Production of Oxides Of Boron and Boric Acids in Africa
In value terms, boron oxide and boric acid production reduced to $X in 2021 estimated in export price. In general, production, however, saw a abrupt setback. The growth pace was the most rapid in 2015 when the production volume increased by 23%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Exports of Oxides Of Boron and Boric Acids
Exports in Africa
In 2021, overseas shipments of oxides of boron and boric acids increased by 180% to X tons, rising for the third year in a row after six years of decline. Overall, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, boron oxide and boric acid exports soared to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Egypt was the main exporter of oxides of boron and boric acids in Africa, with the volume of exports reaching X tons, which was near 61% of total exports in 2021. South Africa (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (10%) and Nigeria (6.8%). Kenya (X tons) took a little share of total exports.
From 2012 to 2021, average annual rates of growth with regard to boron oxide and boric acid exports from Egypt stood at +80.8%. At the same time, Tunisia (+110.9%), Kenya (+43.1%), Nigeria (+25.0%) and South Africa (+4.3%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of +110.9% from 2012-2021. While the share of Egypt (+61 p.p.), Tunisia (+10 p.p.), Nigeria (+6.8 p.p.) and Kenya (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Africa (-10.5 p.p.) displayed negative dynamics.
In value terms, Egypt ($X), South Africa ($X) and Tunisia ($X) constituted the countries with the highest levels of exports in 2021, together comprising 86% of total exports.
Among the main exporting countries, Tunisia, with a CAGR of +86.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the export price in Africa amounted to $X per ton, falling by -27.1% against the previous year. Overall, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 9.9% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Kenya ($X per ton), while Nigeria ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (-0.7%), while the other leaders experienced a decline in the export price figures.
Imports of Oxides Of Boron and Boric Acids
Imports in Africa
In 2021, approx. X tons of oxides of boron and boric acids were imported in Africa; surging by 46% on 2020. Overall, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 68% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.
In value terms, boron oxide and boric acid imports surged to $X in 2021. Over the period under review, imports enjoyed a strong expansion. The growth pace was the most rapid in 2018 with an increase of 56%. The level of import peaked in 2021 and is likely to see gradual growth in the near future.
Imports by Country
In 2021, Morocco (X tons) was the major importer of oxides of boron and boric acids, making up 68% of total imports. It was distantly followed by South Africa (X tons) and Egypt (X tons), together mixing up a 23% share of total imports. Nigeria (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to boron oxide and boric acid imports into Morocco stood at +11.8%. At the same time, Nigeria (+22.5%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Africa, with a CAGR of +22.5% from 2012-2021. South Africa experienced a relatively flat trend pattern. By contrast, Egypt (-2.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Morocco and Nigeria increased by +22 and +1.7 percentage points, respectively.
In value terms, Morocco ($X) constitutes the largest market for imported oxides of boron and boric acids in Africa, comprising 57% of total imports. The second position in the ranking was taken by South Africa ($X), with a 20% share of total imports. It was followed by Egypt, with a 7.3% share.
In Morocco, boron oxide and boric acid imports increased at an average annual rate of +18.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Africa (-1.3% per year) and Egypt (-6.5% per year).
Import Prices by Country
In 2021, the import price in Africa amounted to $X per ton, picking up by 3.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 5.4%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Nigeria ($X per ton), while Morocco ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+5.9%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for boron oxide and boric acid in Africa. 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 20132462 -
- Prodcom 20132465 -
Country coverage:
- Algeria
- Angola
- Benin
- Botswana
- Burkina Faso
- Burundi
- Cabo Verde
- Cameroon
- Central African Republic
- Chad
- Comoros
- Congo
- Cote d'Ivoire
- Democratic Republic of the Congo
- Djibouti
- Egypt
- Equatorial Guinea
- Eritrea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Kenya
- Lesotho
- Liberia
- Libya
- Madagascar
- Malawi
- Mali
- Mauritania
- Mauritius
- Mayotte
- Morocco
- Mozambique
- Namibia
- Niger
- Nigeria
- Reunion
- Rwanda
- Saint Helena, Ascension and Tristan da Cunha
- Sao Tome and Principe
- Senegal
- Seychelles
- Sierra Leone
- Somalia
- South Africa
- South Sudan
- Sudan
- Swaziland
- Tanzania
- Togo
- Tunisia
- Uganda
- Western Sahara
- Zambia
- Zimbabwe
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Africa, split by region and country
- Trade (exports and imports) in Africa
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Algeria
- Angola
- Benin
- Botswana
- Burkina Faso
- Burundi
- Cabo Verde
- Cameroon
- Central African Republic
- Chad
- Comoros
- Congo
- Democratic Republic of the Congo
- Djibouti
- Egypt
- Equatorial Guinea
- Eritrea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Kenya
- Lesotho
- Liberia
- Libya
- Madagascar
- Malawi
- Mali
- Mauritania
- Mauritius
- Mayotte
- Morocco
- Mozambique
- Namibia
- Niger
- Nigeria
- Reunion
- Rwanda
- Saint Helena, Ascension and Tristan da Cunha
- Sao Tome and Principe
- Senegal
- Seychelles
- Sierra Leone
- Somalia
- South Africa
- Sudan
- Swaziland
- Tanzania
- Togo
- Tunisia
- Uganda
- Zambia
- Zimbabwe
- Cote d'Ivoire
- Western Sahara
- South Sudan
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
Recommended reports
This report provides an in-depth analysis of the market for boron oxide and boric acid in Asia.
This report provides an in-depth analysis of the global market for boron oxide and boric acid.
This report provides an in-depth analysis of the market for boron oxide and boric acid in the EU.
This report provides an in-depth analysis of the market for boron oxide and boric acid in the U.S..
This report provides an in-depth analysis of the market for boron oxide and boric acid in China.