U.S. - Oxides Of Boron, Boric Acids And Inorganic Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOxides of Boron Price in the United States - 2023
Contents:
- Oxides of Boron Price in the United States (FOB) - 2022
- Oxides of Boron Price in the United States (CIF) - 2023
- Oxides of Boron Exports in the United States
- Oxides of Boron Imports in the United States
Oxides of Boron Price in the United States (FOB) - 2022
In 2022, the average oxides of boron export price amounted to $955 per ton, growing by 31% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $1,047 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1,236 per ton), while the average price for exports to the Netherlands ($599 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 Japan (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Oxides of Boron Price in the United States (CIF) - 2023
The average oxides of boron import price stood at $1,012 per ton in July 2023, falling by -16.1% against the previous month. Over the period under review, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 36% against the previous month. The import price peaked at $2,093 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,595 per ton), while the price for Taiwan (Chinese) ($716 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Peru (+1.0%), while the prices for the other major suppliers experienced a decline.
Oxides of Boron Exports in the United States
Oxides of boron exports from the United States declined to 251K tons in 2022, with a decrease of -14.2% against the year before. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 8.8% against the previous year.
In value terms, oxides of boron exports rose remarkably to $240M in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oxides of Boron in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.0 | 47.5 | 61.2 | 84.6 | 28.4% |
| South Korea | 29.3 | 28.5 | 38.6 | 38.0 | 9.1% |
| Netherlands | 23.7 | 23.2 | 20.6 | 24.3 | 0.8% |
| Japan | 20.0 | 17.9 | 20.1 | 22.6 | 4.2% |
| Taiwan (Chinese) | 28.9 | 30.0 | 28.2 | 18.8 | -13.4% |
| Mexico | 8.0 | 8.3 | 9.4 | 10.8 | 10.5% |
| Canada | 7.0 | 6.1 | 7.6 | 6.1 | -4.5% |
| Malaysia | 4.1 | 4.6 | 6.0 | 5.8 | 12.3% |
| Others | 26.2 | 24.9 | 22.1 | 28.5 | 2.8% |
| Total | 187 | 191 | 214 | 240 | 8.7% |
Top Export Markets for Oxides of Boron from the United States in 2022:
- China (84.1K tons)
- South Korea (42.9K tons)
- Netherlands (40.6K tons)
- Taiwan (Chinese) (20.3K tons)
- Japan (20.1K tons)
- Mexico (8.8K tons)
- Malaysia (8.3K tons)
- Canada (6.0K tons)
Oxides of Boron Imports in the United States
In 2022, the amount of oxides of boron, boric acids and inorganic acids imported into the United States rose markedly to 98K tons, increasing by 9.5% against the previous year's figure. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, oxides of boron imports soared to $166M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Oxides of Boron in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.8 | 26.5 | 35.2 | 96.9 | 46.5% |
| Turkey | 16.1 | 15.1 | 24.8 | 32.2 | 26.0% |
| Taiwan (Chinese) | 6.1 | 4.1 | 4.2 | 8.6 | 12.1% |
| India | 1.7 | 0.9 | 1.5 | 4.7 | 40.4% |
| South Korea | 2.4 | 4.0 | 4.1 | 4.4 | 22.4% |
| Italy | 2.3 | 2.2 | 2.6 | 3.3 | 12.8% |
| Malaysia | 0.3 | 0.2 | 0.1 | 2.5 | 102.7% |
| Indonesia | 2.7 | 2.3 | 1.5 | 2.4 | -3.9% |
| Peru | 1.7 | 1.8 | 1.8 | 2.2 | 9.0% |
| Chile | 2.8 | 2.2 | 2.0 | 0.8 | -34.1% |
| Others | 9.6 | 8.3 | 9.4 | 8.2 | -5.1% |
| Total | 76.5 | 67.6 | 87.2 | 166 | 29.5% |
Top Suppliers of Oxides of Boron to the United States in 2022:
- Turkey (38.8K tons)
- China (26.8K tons)
- Taiwan (Chinese) (7.4K tons)
- Indonesia (3.8K tons)
- South Korea (3.5K tons)
- Italy (3.4K tons)
- Peru (2.5K tons)
- India (2.5K tons)
- Malaysia (2.2K tons)
- Chile (0.7K tons)
This report provides an in-depth analysis of the oxides of boron market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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