Which Country Imports the Most Borates and Peroxoborates in the World?

Global borates and peroxoborates imports totaled X tonnes in 2016, coming down by -X% against the previous year level. In general, borates and peroxoborates imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Over the period under review, global borates and peroxoborates imports attained its maximum volume of X tonnes in 2014; however, from 2015 to 2016, it failed to regain its strength.

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 of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, borates and peroxoborates imports decreased by -X% against its level of 2014. Global borates and peroxoborates import peaked of $X in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Borates And Peroxoborates Importing Countries in the World

X. China (X million USD)

X. India (X million USD)

X. Germany (X million USD)

X. Malaysia (X million USD)

X. Indonesia (X million USD)

X. Canada (X million USD)

X. Spain (X million USD)

X. Japan (X million USD)

X. Belgium (X million USD)

X. United Kingdom (X million USD)

X. Mexico (X million USD)

X. Poland (X million USD)

Borates And Peroxoborates Imports By Country

China (X tonnes) represented the key importer of borates and peroxoborates in the world, recording X tonnes, which was near X% of total imports in 2016. It was distantly followed by Germany (X tonnes), Malaysia (X tonnes), and India (X tonnes), together achieving X% share of total borates and peroxoborates imports. Indonesia (X tonnes), Spain (X tonnes), Canada (X tonnes), Japan (X tonnes), Poland (X tonnes), Belgium (X tonnes), the UK (X tonnes), and Mexico (X tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to borates and peroxoborates imports into China stood at +X%. At the same time, Malaysia (+X%), Indonesia (+X%), India (+X%), and Poland (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Spain experienced a relatively flat trend pattern. By contrast, Canada (-X%), Japan (-X%), Mexico (-X%), the UK (-X%), Germany (-X%), and Belgium (-X%) illustrated a downward trend over the same period. While the share of Belgium (X%), and Germany (X%) increased significantly, the share of India (-X%), Indonesia (-X%), Malaysia (-X%), and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported borates and peroxoborates worldwide, making up X% of global imports. The second position in the ranking was occupied by India ($X), with the share of X% of global imports. It was followed by Germany, with the share of X%.

In China, borates and peroxoborates imports expanded at an average annual rate of +X% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: India (+X% per year) and Germany (-X% per year).

Borates And Peroxoborates Import Prices By Country

In 2016, the average import price for borates and peroxoborates amounted to $X per tonne, ascending by X% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +X most prominent rate of growth was recorded in 2008, when import price increased by X% from the previous year level. Over the period under review, average borates and peroxoborates import price reached its maximum level of $X per tonne in 2013; afterwards, it flattened through to 2016.

Import prices varied noticeably by country of destination. the country with the highest import prices was Mexico ($X per tonne), while Spain ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of borates and peroxoborates import prices was attained by Belgium (+X% per year), while the other global leaders experienced more modest paces of growth.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform