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Australia and Oceania - Oxides of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia and Oceania: Market for Oxides Of Boron and Boric Acids 2024
Market Size for Oxides Of Boron and Boric Acids in Australia and Oceania
The market for oxides of boron and boric acids in Australia and Oceania was finally on the rise to reach $X in 2021, after three years of decline. The market value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Oxides Of Boron and Boric Acids in Australia and Oceania
In value terms, boron oxide and boric acid production amounted to $X in 2021 estimated in export price. Overall, production recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of 3.8% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.
Exports of Oxides Of Boron and Boric Acids
Exports in Australia and Oceania
In 2021, boron oxide and boric acid exports in Australia and Oceania surged to X tons, growing by 159% against the previous year's figure. In general, exports posted a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 178%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, boron oxide and boric acid exports plummeted to $X in 2021. Over the period under review, exports continue to indicate measured growth. The growth pace was the most rapid in 2015 when exports increased by 94%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
In 2021, New Zealand (X tons) was the largest exporter of oxides of boron and boric acids, achieving 53% of total exports. It was distantly followed by Australia (X tons) and Papua New Guinea (X tons), together comprising a 47% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +21.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Australia ($X) remains the largest boron oxide and boric acid supplier in Australia and Oceania, comprising 96% of total exports. The second position in the ranking was held by New Zealand ($X), with a 3.1% share of total exports.
In Australia, boron oxide and boric acid exports increased at an average annual rate of +6.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (-20.9% per year) and Papua New Guinea (+0.9% per year).
Export Prices by Country
The export price in Australia and Oceania stood at $X per ton in 2021, shrinking by -69.2% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 143%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Papua New Guinea (-5.4%), while the other leaders experienced a decline in the export price figures.
Imports of Oxides Of Boron and Boric Acids
Imports in Australia and Oceania
After two years of decline, supplies from abroad of oxides of boron and boric acids increased by 36% to X tons in 2021. The total import volume increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, boron oxide and boric acid imports surged to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 46%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, Australia (X tons) and New Zealand (X tons) was the key importer of oxides of boron and boric acids in Australia and Oceania, achieving 99% of total import.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Australia (with a CAGR of +6.2%).
In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of imports in 2021.
Australia, with a CAGR of +1.8%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.
Import Prices by Country
The import price in Australia and Oceania stood at $X per ton in 2021, with an increase of 6.2% against the previous year. In general, the import price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2017 an increase of 25%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-1.4%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for boron oxide and boric acid in Australia and Oceania. 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:
- American Samoa
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Guam
- Kiribati
- Marshall Islands
- Micronesia
- Nauru
- New Caledonia
- New Zealand
- Niue
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Australia and Oceania, split by region and country
- Trade (exports and imports) in Australia and Oceania
- 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
-
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
- CONSUMPTION BY COUNTRY
- 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
- 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
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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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
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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
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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
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