Australia and Oceania: Oxides Of Boron Market 2024

Oxides Of Boron Market Size in Australia and Oceania

The oxides of boron market in Australia and Oceania surged to $X in 2022, picking up by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Oxides Of Boron Production in Australia and Oceania

In value terms, oxides of boron production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Oxides Of Boron Exports

Exports in Australia and Oceania

In 2022, approx. X tons of oxides of boron, boric acids and inorganic acids were exported in Australia and Oceania; reducing by X% on the year before. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, oxides of boron exports shrank to $X in 2022. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. Papua New Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to oxides of boron exports from Australia stood at X%. At the same time, Papua New Guinea (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Australia and Papua New Guinea increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest oxides of boron supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total exports.

In Australia, oxides of boron exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Papua New Guinea amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Oxides Of Boron Imports

Imports in Australia and Oceania

In 2022, the amount of oxides of boron, boric acids and inorganic acids imported in Australia and Oceania contracted to X tons, dropping by X% compared with the previous year's figure. Total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, oxides of boron imports skyrocketed to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Australia represented the main importer of oxides of boron, boric acids and inorganic acids in Australia and Oceania, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X tons), mixing up a X% share of total imports.

Australia was also the fastest-growing in terms of the oxides of boron, boric acids and inorganic acids imports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported oxides of boron, boric acids and inorganic acids in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

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