Scandinavia: Oxides Of Boron Market 2024

Oxides Of Boron Market Size in Scandinavia

For the third consecutive year, the Scandinavia oxides of boron market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, showed strong growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Oxides Of Boron Production in Scandinavia

In value terms, oxides of boron production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Oxides Of Boron Exports

Exports in Scandinavia

Oxides of boron exports expanded modestly to X tons in 2022, picking up by X% on the previous year. Overall, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, oxides of boron exports skyrocketed to $X in 2022. Total exports indicated buoyant growth 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, exports increased by X% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Finland represented the key exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Sweden (X tons), creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to oxides of boron exports from Finland stood at X%. At the same time, Sweden (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics.

In value terms, Finland ($X) remains the largest oxides of boron supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland stood at $X per ton.

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

Oxides Of Boron Imports

Imports in Scandinavia

For the third consecutive year, Scandinavia recorded growth in overseas purchases of oxides of boron, boric acids and inorganic acids, which increased by X% to X tons in 2022. Total imports indicated a resilient increase 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 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, oxides of boron imports soared to $X in 2022. Total imports indicated a strong 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 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Finland (X tons), mixing up a X% share of total imports.

Sweden 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. Finland experienced a relatively flat trend pattern. From 2012 to 2022, the share of Sweden increased by X percentage points.

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

In Sweden, oxides of boron imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, jumping by X% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden stood at $X per ton.

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

Source: IndexBox Platform

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