Europe: Borates And Perborates Market 2024

Borates And Perborates Market Size in Europe

The Europe borates and perborates market surged to $X in 2023, jumping by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked in 2023 and is likely to continue growth in the near future.

Borates And Perborates Production in Europe

In value terms, borates and perborates production surged to $X in 2023 estimated in export price. Over the period under review, production, however, showed a perceptible decline. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Borates And Perborates Exports

Exports in Europe

In 2023, overseas shipments of borates, peroxoborates (perborates) were finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, borates and perborates exports skyrocketed to $X in 2023. Overall, exports showed a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, the Netherlands (X tons) was the largest exporter of borates, peroxoborates (perborates), constituting X% of total exports. Luxembourg (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%) and Slovenia (X%). The following exporters - Sweden (X tons), France (X tons), Italy (X tons), Germany (X tons) and Spain (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to borates and perborates exports from the Netherlands stood at X%. At the same time, Poland (X%), France (X%), Slovenia (X%), Luxembourg (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, Italy (X%), Spain (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands and Poland increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) emerged as the largest borates and perborates supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Slovenia ($X), with an X% share of total exports. It was followed by Luxembourg, with a X% share.

In the Netherlands, borates and perborates exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Slovenia (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2022 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Borates And Perborates Imports

Imports in Europe

Borates and perborates imports rose markedly to X tons in 2023, picking up by X% against 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, borates and perborates imports skyrocketed to $X in 2023. Total imports indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, the Netherlands (X tons), distantly followed by Germany (X tons), France (X tons), Slovenia (X tons), Poland (X tons), Belgium (X tons), Spain (X tons) and the UK (X tons) represented the main importers of borates, peroxoborates (perborates), together achieving X% of total imports. Sweden (X tons), Italy (X tons), the Czech Republic (X tons) and Finland (X tons) held a relatively small share of total imports.

The Netherlands was also the fastest-growing in terms of the borates, peroxoborates (perborates) imports, with a CAGR of X% from 2012 to 2023. At the same time, Slovenia (X%), Sweden (X%), Poland (X%), France (X%), the Czech Republic (X%) and Finland (X%) displayed positive paces of growth. By contrast, the UK (X%), Italy (X%), Germany (X%), Spain (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands, Slovenia, France, Poland and Sweden increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported borates, peroxoborates (perborates) in Europe, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the Netherlands stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform