Pakistan - Borates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Pakistan - Borates - Market Analysis, Forecast, Size, Trends And Insights

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Borates Price in Pakistan - 2023

Contents:

  1. Borates Price in Pakistan (CIF) - 2023
  2. Borates Price in Pakistan (FOB) - 2022
  3. Borates Imports in Pakistan
  4. Borates Exports in Pakistan

Borates Price in Pakistan (CIF) - 2023

The average borates import price stood at $998 per ton in April 2023, picking up by 17% against the previous month. Over the period under review, the import price recorded measured growth. The growth pace was the most rapid in January 2023 when the average import price increased by 293% m-o-m. As a result, import price reached the peak level of $2,593 per ton. From February 2023 to April 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In April 2023, the country with the highest price was Turkey ($1,245 per ton), while the price for the United States stood at $858 per ton.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%).

Borates Price in Pakistan (FOB) - 2022

In 2022, the average borates export price amounted to $673 per ton, falling by -71.9% against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 385%. As a result, the export price attained the peak level of $2,399 per ton, and then shrank significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Djibouti.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +9.6% per year.

Borates Imports in Pakistan

In 2022, borates imports into Pakistan declined remarkably to 1.5K tons, which is down by -85% on the year before. In general, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of 10K tons, and then contracted sharply in the following year.

In value terms, borates imports shrank significantly to $1.2M in 2022. Over the period under review, imports faced a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 28%. As a result, imports attained the peak of $6.8M, and then dropped significantly in the following year.

Import of Borates in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2,9642,0094,159699-38.2%
United States1,0941,012899166-46.7%
Peru2201,086831140-14.0%
Chile47533246177.5-45.4%
Argentina44536846.747.5-52.6%
China10432625142.1-26.0%
Others19317715117.2-55.3%
Total5,4955,3106,7981,189-40.0%

Top Suppliers of Borates to Pakistan in 2022:

  1. Turkey (904.6 tons)
  2. United States (217.4 tons)
  3. Peru (142.7 tons)
  4. Chile (87.8 tons)
  5. Argentina (79.5 tons)
  6. China (44.9 tons)

Borates Exports in Pakistan

In 2022, approx. 77 tons of borates were exported from Pakistan; jumping by 451% compared with the year before. In general, exports, however, showed a abrupt downturn.

In value terms, borates exports soared to $52K in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,033% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Borates in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Djibouti2.33.02.552.0182.8%
China24.7N/AN/AN/A0%
TanzaniaN/AN/A27.3N/A0%
Others0.3N/A3.9N/A260.6%
Total27.33.033.752.024.0%

Top Export Markets for Borates from Pakistan in 2022:

  1. Djibouti (77.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the borates market in Pakistan. 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 20136230 - Borates, peroxoborates (perborates)

Country coverage:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Event
Which Country Imports the Most Natural Borates in the World?
Jul 26, 2018
Eye 737

In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...

Which Country Imports the Most Borates and Peroxoborates in the World?
Jul 26, 2018
Eye 863

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 ...

Which Country Exports the Most Natural Borates in the World?
Jul 26, 2018
Eye 998

In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...

Which Country Exports the Most Borates and Peroxoborates in the World?
Jul 26, 2018
Eye 1137

In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...

Turkey Is the Leading Consumer on the Global Borates Market
Jun 29, 2018
Eye 1259

Borates are used in the production of glass, ceramics, agriculture, detergents and bleaches. From 2007 to 2016, global borate consumption displayed a mixed dynamic. Between 2015 and 2016, global borate market remained relatively stable. As of the end o

Which Country Imports the Most Natural Borates in the World?
Jul 26, 2018
Eye 737

In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...

Which Country Imports the Most Borates and Peroxoborates in the World?
Jul 26, 2018
Eye 863

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 ...

Which Country Exports the Most Natural Borates in the World?
Jul 26, 2018
Eye 998

In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...

Which Country Exports the Most Borates and Peroxoborates in the World?
Jul 26, 2018
Eye 1137

In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...

Turkey Is the Leading Consumer on the Global Borates Market
Jun 29, 2018
Eye 1259

Borates are used in the production of glass, ceramics, agriculture, detergents and bleaches. From 2007 to 2016, global borate consumption displayed a mixed dynamic. Between 2015 and 2016, global borate market remained relatively stable. As of the end o

Free Data: Borates - Pakistan