Belarus - Oxides Of Boron, Boric Acids And Inorganic Acids - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belarus - Oxides Of Boron, Boric Acids And Inorganic Acids - Market Analysis, Forecast, Size, Trends And Insights

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Oxides of Boron Price in Belarus - 2022

Contents:

  1. Oxides of Boron Price in Belarus (CIF) - 2022
  2. Oxides of Boron Price in Belarus (FOB) - 2022
  3. Oxides of Boron Imports in Belarus
  4. Oxides of Boron Exports in Belarus

Oxides of Boron Price in Belarus (CIF) - 2022

The average oxides of boron import price stood at $840 per ton in March 2022, waning by -11.2% against the previous month. Over the period under review, import price indicated measured growth from March 2021 to March 2022: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, oxides of boron import price decreased by -13.1% against January 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 52% month-to-month. As a result, import price attained the peak level of $966 per ton. From February 2022 to March 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($950 per ton), while the price for Turkey stood at $784 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.9%).

Oxides of Boron Price in Belarus (FOB) - 2022

In 2022, the average oxides of boron export price amounted to $664 per ton, with a decrease of -38.1% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 64%. As a result, the export price attained the peak level of $4,762 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($7,605 per ton), while the average price for exports to Lithuania amounted to $649 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+12.1%).

Oxides of Boron Imports in Belarus

In 2022, approx. 9.2K tons of oxides of boron, boric acids and inorganic acids were imported into Belarus; waning by -6.9% on the previous year's figure. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 9.9K tons, and then fell in the following year.

In value terms, oxides of boron imports fell to $5.5M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $6.3M, and then reduced in the following year.

Import of Oxides of Boron in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.64.55.64.92.1%
Turkey0.4N/A0.30.3-9.1%
Others0.20.30.30.314.5%
Total5.24.86.35.51.9%

Top Suppliers of Oxides of Boron to Belarus in 2022:

  1. Russia (8.4K tons)
  2. Turkey (0.6K tons)

Oxides of Boron Exports in Belarus

In 2022, overseas shipments of oxides of boron, boric acids and inorganic acids decreased by -96.8% to 17 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2021 when exports increased by 786%. As a result, the exports attained the peak of 532 tons, and then dropped sharply in the following year.

In value terms, oxides of boron exports plummeted to $11K in 2022. In general, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,232% against the previous year. As a result, the exports reached the peak of $572K, and then contracted notably in the following year.

Export of Oxides of Boron in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania25.240.154811.1-23.9%
UkraineN/AN/A10.4N/A0%
Others28.12.813.20.3-78.0%
Total53.342.957211.3-40.4%

Top Export Markets for Oxides of Boron from Belarus in 2022:

  1. Lithuania (17.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxides of boron market in Belarus. 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 20132460 - Oxides of boron, boric acids, inorganic acids (excluding hydrogen fluoride)

Country coverage:

  • Belarus

Data coverage:

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