Malaysia: Oxides Of Boron Market 2024

Oxides Of Boron Market Size in Malaysia

The Malaysian oxides of boron market reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, enjoyed measured growth. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Oxides Of Boron Production in Malaysia

In value terms, oxides of boron production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Oxides Of Boron Exports

Exports from Malaysia

Oxides of boron exports from Malaysia expanded sharply to X tons in 2022, increasing by X% on the year before. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, oxides of boron exports soared to $X in 2022. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Brazil (X tons), the United States (X tons) and South Africa (X tons) were the main destinations of oxides of boron exports from Malaysia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oxides of boron exported from Malaysia were the United States ($X), Brazil ($X) and South Africa ($X), with a combined X% share of total exports.

The United States, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average oxides of boron export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Singapore ($X per ton), while the average price for exports to Australia ($X per ton) and Brazil ($X per ton) were amongst the lowest.

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

Oxides Of Boron Imports

Imports into Malaysia

After two years of growth, purchases abroad of oxides of boron, boric acids and inorganic acids decreased by X% to X tons in 2022. Over the period under review, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced rapidly in the following year.

In value terms, oxides of boron imports soared to $X in 2022. In general, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States (X tons), Chile (X tons) and Turkey (X tons) were the main suppliers of oxides of boron imports to Malaysia, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oxides of boron suppliers to Malaysia were Chile ($X), the United States ($X) and Turkey ($X), with a combined X% share of total imports. Jordan and China lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Jordan, 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, with an increase of X% against the previous year. Over the period under review, import price indicated a perceptible 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 growth pace was the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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 China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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