Which Country Imports the Most Oxides of Boron and Boric Acids in the World?

Global boron oxides and boric acids imports totaled X tonnes in 2016, lowering by -X% against the previous year figure. Overall, boron oxides and boric acids imports continue to indicate a mild deduction. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. In that year, global boron oxides and boric acids imports reached its maximum volume of X tonnes. From 2011 to 2016, growth of global boron oxides and boric acids imports failed to regain its strength.

In value terms, boron oxides and boric acids imports totaled $X in 2016. Overall, it indicated a mild growth 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, boron oxides and boric acids imports decreased by -X% against its level of 2011. Global boron oxides and boric acids import peaked of $X in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Top Boron Oxides And Boric Acids Importing Countries in the World

X. China (X million USD)

X. South Korea (X million USD)

X. Japan (X million USD)

X. Brazil (X million USD)

X. Germany (X million USD)

X. France (X million USD)

X. India (X million USD)

X. Italy (X million USD)

X. Malaysia (X million USD)

X. Canada (X million USD)

X. Russia (X million USD)

X. Spain (X million USD)

Boron Oxides And Boric Acids Imports By Country

China (X tonnes) was the key importing country with an import of around X tonnes, which amounted to X% of total imports. South Korea (X tonnes) took the second position in the ranking, followed by Japan (X tonnes), and Brazil (X tonnes). All these countries together occupied near X% share of total imports. The following importers - Germany (X tonnes), France (X tonnes), India (X tonnes), Italy (X tonnes), Russia (X tonnes), Malaysia (X tonnes), Spain (X tonnes), and Canada (X tonnes) together made up X% of total imports.

China experienced a relatively flat trend pattern. At the same time, India (+X%), Malaysia (+X%), South Korea (+X%), Russia (+X%), and Canada (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Brazil experienced a relatively flat trend pattern. By contrast, France (-X%), Italy (-X%), Japan (-X%), Germany (-X%), and Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2016, the share of Japan, Germany, and Spain increased by X%, X%, and X% percentage points, while China (-X%), India (-X%), and South Korea (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported boron oxides and boric acids worldwide, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with the share of X% of global imports. It was followed by Japan, with the share of X%.

From 2007 to 2016, the average annual rate of growth in terms of value of boron oxides and boric acids imports in China stood at +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (-X% per year).

Boron Oxides And Boric Acids Import Prices By Country

In 2016, the average import price for boron oxides and boric acids amounted to $X per tonne, remaining constant against the previous year level. Over the last nine years it increased at an average annual rate of +X pace of growth appeared the most rapid in 2008, when import increased by X% y-o-y. Over the period under review, average boron oxides and boric acids import price attained its maximum level of $X per tonne in 2011; however, from 2012 to 2016, it failed to regain its strength.

Average import prices varied somewhat amongst major importing countries. In 2016, major importing countries recorded the following import prices: in Germany ($X per tonne) and Canada ($X per tonne), while Russia ($X per tonne) and Italy ($X per tonne) were among the lowest.

From 2007 to 2016, the most notable growth rate of boron oxides and boric acids import prices was attained by Brazil (+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 AI Platform