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

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

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Oxides of Boron Price in South Africa - 2023

Contents:

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

Oxides of Boron Price in South Africa (CIF) - 2022

In 2022, the average oxides of boron import price amounted to $1,392 per ton, surging by 32% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oxides of boron import price increased by +75.0% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 33%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,720 per ton), while the price for Taiwan (Chinese) ($758 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Oxides of Boron Price in South Africa (FOB) - 2022

In 2022, the average oxides of boron export price amounted to $1,745 per ton, waning by -11.9% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oxides of boron export price increased by +18.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the maximum at $1,981 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($2,638 per ton), while the average price for exports to Zimbabwe ($1,373 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Oxides of Boron Imports in South Africa

In 2022, purchases abroad of oxides of boron, boric acids and inorganic acids was finally on the rise to reach 11K tons after two years of decline. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oxides of boron imports surged to $16M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oxides of Boron in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.22.54.17.147.8%
Malaysia2.21.62.02.88.4%
Turkey1.40.71.61.64.6%
United States1.00.90.81.617.0%
Argentina0.40.70.10.826.0%
Peru0.30.50.30.626.0%
Chile0.20.20.20.314.5%
Taiwan (Chinese)0.30.20.1N/A-42.3%
Others0.60.60.71.018.6%
Total8.77.810.015.822.0%

Top Suppliers of Oxides of Boron to South Africa in 2022:

  1. Taiwan (Chinese) (undefinedK tons)
  2. Malaysia (3.0K tons)
  3. China (2.6K tons)
  4. Turkey (2.0K tons)
  5. United States (1.6K tons)
  6. Argentina (0.8K tons)
  7. Peru (0.6K tons)
  8. Chile (0.3K tons)

Oxides of Boron Exports in South Africa

In 2022, the amount of oxides of boron, boric acids and inorganic acids exported from South Africa shrank significantly to 898 tons, waning by -70.7% on the year before. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 608% against the previous year. As a result, the exports reached the peak of 3.1K tons, and then shrank sharply in the following year.

In value terms, oxides of boron exports shrank remarkably to $1.6M in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 732% against the previous year. As a result, the exports reached the peak of $6.1M, and then plummeted in the following year.

Export of Oxides of Boron in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe12419932651460.6%
Zambia18813723139528.1%
Namibia51.357.593.626973.7%
Democratic Republic of the Congo1061074,38081.3-8.5%
Botswana38.941.548.976.625.3%
Malawi67.416.822.758.8-4.4%
Swaziland16.620.427.351.145.5%
MalaysiaN/AN/A785N/A0%
Others124152162122-0.5%
Total7167306,0771,56729.8%

Top Export Markets for Oxides of Boron from South Africa in 2022:

  1. Zimbabwe (374.2 tons)
  2. Zambia (202.8 tons)
  3. Namibia (134.8 tons)
  4. Democratic Republic of the Congo (40.9 tons)
  5. Malawi (29.8 tons)
  6. Botswana (29.1 tons)
  7. Swaziland (26.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxides of boron market in South Africa. 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:

  • South Africa

Data coverage:

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