
Colombia - Oxides of Boron, Boric Acids and Inorganic Acids - Market Analysis, Forecast, Size, Trends and Insights
Colombia: Oxides Of Boron Market 2022
Oxides Of Boron Market Size in Colombia
In 2021, the Colombian oxides of boron market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, recorded a perceptible contraction. Oxides of boron consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Oxides Of Boron Exports
Exports from Colombia
In 2021, shipments abroad of oxides of boron, boric acids and inorganic acids increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.
In value terms, oxides of boron exports soared to $X in 2021. Overall, exports enjoyed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Ecuador (X tons) was the main destination for oxides of boron exports from Colombia, accounting for a approx. X% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Ecuador amounted to +X%.
In value terms, Ecuador ($X) also remains the key foreign market for oxides of boron exports from Colombia.
From 2012 to 2021, the average annual rate of growth in terms of value to Ecuador totaled +X%.
Export Prices by Country
In 2021, the average oxides of boron export price amounted to $X per ton, reducing by -X% against the previous year. Overall, the export price saw a slight curtailment. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2021, the rate of growth in terms of prices for Ecuador amounted to -X% per year.
Oxides Of Boron Imports
Imports into Colombia
Oxides of boron imports into Colombia skyrocketed to X tons in 2021, increasing by X% compared with 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.
In value terms, oxides of boron imports surged to $X in 2021. Overall, imports, however, saw a pronounced setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Peru (X tons), Turkey (X tons) and Chile (X tons) were the main suppliers of oxides of boron imports to Colombia, together accounting for X% of total imports.
From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Peru ($X), Turkey ($X) and China ($X) were the largest oxides of boron suppliers to Colombia, with a combined X% share of total imports.
Turkey, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2021, the average oxides of boron import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the oxides of boron market in Colombia. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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