Price for Boron Oxide and Boric Acid in Bahrain - 2022
Contents:
- Price for Boron Oxide and Boric Acid in Bahrain (CIF) - 2022
- Imports of Boron Oxide and Boric Acid in Bahrain
Price for Boron Oxide and Boric Acid in Bahrain (CIF) - 2022
The average import price for oxides of boron and boric acids stood at $1,089 per ton in 2022, rising by 4.3% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 67%. As a result, import price attained the peak level of $2,177 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,758 per ton), while the price for India stood at $928 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Boron Oxide and Boric Acid in Bahrain
After three years of growth, supplies from abroad of oxides of boron and boric acids decreased by -83.2% to 4.7 tons in 2022. Overall, imports showed a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of 28 tons, and then reduced dramatically in the following year.
In value terms, boron oxide and boric acid imports fell remarkably to $5.1K in 2022. In general, imports showed a precipitous slump. The pace of growth appeared the most rapid in 2020 when imports increased by 54% against the previous year.
| Import of Boron Oxide and Boric Acid in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | 3.0 | 10.1 | 3.9 | 37.5% |
| Turkey | 0.5 | 0.3 | 1.1 | 0.9 | 21.6% |
| Russia | N/A | 5.8 | N/A | N/A | 0% |
| China | 4.7 | 2.8 | 8.1 | N/A | 31.3% |
| United Arab Emirates | 0.5 | 0.3 | 1.1 | N/A | 48.3% |
| Saudi Arabia | 6.5 | 9.2 | 7.9 | N/A | 10.2% |
| Others | 0.3 | 0.2 | 0.9 | 0.4 | 10.1% |
| Total | 14.1 | 21.6 | 29.1 | 5.1 | -28.8% |
Top Suppliers of Boron Oxide and Boric Acid to Bahrain in 2022:
- India (4.2 tons)
- Turkey (0.5 tons)
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