Ireland: Oxides Of Boron Market 2024

Oxides Of Boron Market Size in Ireland

In 2022, after two years of growth, there was significant decline in the Irish oxides of boron market, when its value decreased by X% to $X. In general, consumption, however, posted a notable increase. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Oxides Of Boron Exports

Exports from Ireland

In 2022, the amount of oxides of boron, boric acids and inorganic acids exported from Ireland surged to X tons, rising by X% on 2021. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, oxides of boron exports skyrocketed to $X in 2022. Over the period under review, exports posted a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons) was the main destination for oxides of boron exports from Ireland, accounting for a X% share of total exports. Moreover, oxides of boron exports to the UK exceeded the volume sent to the second major destination, Canada (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

In value terms, the largest markets for oxides of boron exported from Ireland were Canada ($X), the UK ($X) and the United States ($X), together accounting for X% of total exports.

Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average oxides of boron export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Oxides Of Boron Imports

Imports into Ireland

In 2022, supplies from abroad of oxides of boron, boric acids and inorganic acids decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded mild growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, oxides of boron imports contracted markedly to $X in 2022. In general, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, the UK (X tons) constituted the largest oxides of boron supplier to Ireland, with a X% share of total imports. Moreover, oxides of boron imports from the UK exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Poland (X% per year).

In value terms, the largest oxides of boron suppliers to Ireland were the United States ($X), the UK ($X) and Poland ($X), with a combined X% share of total imports. Spain, Germany, the Netherlands, Italy, Indonesia and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oxides of boron import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, import price indicated a strong increase 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. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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