Australia - Oxides Of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Oxides Of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Boron Oxide and Boric Acid in Australia - 2023

Contents:

  1. Price for Boron Oxide and Boric Acid in Australia (CIF) - 2023
  2. Price for Boron Oxide and Boric Acid in Australia (FOB) - 2022
  3. Imports of Boron Oxide and Boric Acid in Australia
  4. Exports of Boron Oxide and Boric Acid in Australia

Price for Boron Oxide and Boric Acid in Australia (CIF) - 2023

The average import price for oxides of boron and boric acids stood at $1,333 per ton in September 2023, jumping by 16% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 200% month-to-month. As a result, import price reached the peak level of $2,986 per ton. From December 2022 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,763 per ton), while the price for Turkey ($932 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Boron Oxide and Boric Acid in Australia (FOB) - 2022

In 2022, the average export price for oxides of boron and boric acids amounted to $51,642 per ton, with an increase of 218% against the previous year. In general, the export price saw a prominent expansion. The export price peaked at $63,600 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($443,658 per ton), while the average price for exports to New Zealand ($447 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 Austria (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boron Oxide and Boric Acid in Australia

In 2022, approx. 5.2K tons of oxides of boron and boric acids were imported into Australia; dropping by -9.2% on 2021. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of 5.7K tons, and then reduced in the following year.

In value terms, boron oxide and boric acid imports soared to $5.1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Boron Oxide and Boric Acid in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,0051,0271,3592,18129.5%
United States1,3447869181,110-6.2%
China5621,0501,5731,08524.5%
Argentina50.870.363.821561.8%
Peru17085.679.81924.1%
Netherlands16.2N/AN/A142106.2%
Malaysia158139187113-10.6%
Others57.658.018291.416.6%
Total3,3643,2164,3625,12915.1%

Top Suppliers of Boron Oxide and Boric Acid to Australia in 2022:

  1. Turkey (2538.5 tons)
  2. United States (1024.1 tons)
  3. China (878.1 tons)
  4. Netherlands (199.9 tons)
  5. Argentina (197.0 tons)
  6. Peru (176.4 tons)
  7. Malaysia (115.5 tons)

Exports of Boron Oxide and Boric Acid in Australia

In 2022, approx. 24 tons of oxides of boron and boric acids were exported from Australia; reducing by -57.5% on the previous year's figure. In general, exports saw a significant contraction. The smallest decline of -30.1% was in 2021.

In value terms, boron oxide and boric acid exports skyrocketed to $1.2M in 2022. Over the period under review, exports saw a slight setback.

Export of Boron Oxide and Boric Acid in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland24.64.939.9759213.6%
FranceN/AN/AN/A2500%
Japan33819314651.4-46.6%
United Kingdom37411210545.5-50.4%
Malaysia7.0N/AN/A38.877.0%
China4.676.127.531.890.5%
Germany80.913315427.1-30.5%
United States18041438.92.8-75.0%
New Zealand1.913.10.51.6-5.6%
Turkey73.1N/AN/AN/A0%
Others19423340326.7-48.4%
Total1,2791,1799151,235-1.2%

Top Export Markets for Boron Oxide and Boric Acid from Australia in 2022:

  1. China (11.6 tons)
  2. New Zealand (3.6 tons)
  3. France (2.1 tons)
  4. Switzerland (1.7 tons)
  5. Malaysia (1.3 tons)
  6. United Kingdom (0.9 tons)
  7. Japan (0.6 tons)
  8. Germany (0.6 tons)
  9. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for boron oxide and boric acid in Australia. 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.

Product coverage:

  • Prodcom 20132462 -
  • Prodcom 20132465 -

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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