Price for Boron Oxide and Boric Acid in Estonia - 2023
Contents:
- Price for Boron Oxide and Boric Acid in Estonia (CIF) - 2022
- Imports of Boron Oxide and Boric Acid in Estonia
Price for Boron Oxide and Boric Acid in Estonia (CIF) - 2022
The average import price for oxides of boron and boric acids stood at $2,384 per ton in 2022, increasing by 11% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 19%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
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 Germany ($8,610 per ton), while the price for Russia ($706 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Boron Oxide and Boric Acid in Estonia
In 2022, approx. 112 tons of oxides of boron and boric acids were imported into Estonia; growing by 377% against the year before. Overall, imports showed tangible growth.
In value terms, boron oxide and boric acid imports skyrocketed to $267K in 2022. In general, imports enjoyed a buoyant expansion.
| Import of Boron Oxide and Boric Acid in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 177 | 238 | 21.8 | 213 | 6.4% |
| Russia | N/A | N/A | N/A | 25.9 | 0% |
| Germany | 0.4 | 18.0 | 18.5 | 21.0 | 274.4% |
| Turkey | 7.8 | 5.0 | 9.9 | N/A | 12.7% |
| Others | 22.4 | 18.0 | 0.3 | 7.4 | -30.9% |
| Total | 208 | 279 | 50.5 | 267 | 8.7% |
Top Suppliers of Boron Oxide and Boric Acid to Estonia in 2022:
- Spain (71.9 tons)
- Russia (36.7 tons)
- Germany (2.4 tons)
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