Price for Boron Oxide and Boric Acid in Bolivia - 2023
Contents:
- Price for Boron Oxide and Boric Acid in Bolivia (FOB) - 2022
- Price for Boron Oxide and Boric Acid in Bolivia (CIF) - 2022
- Exports of Boron Oxide and Boric Acid in Bolivia
- Imports of Boron Oxide and Boric Acid in Bolivia
Price for Boron Oxide and Boric Acid in Bolivia (FOB) - 2022
In 2022, the average export price for oxides of boron and boric acids amounted to $747 per ton, surging by 27% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, boron oxide and boric acid export price increased by +77.9% against 2017 indices. The growth pace was the most rapid in 2020 when the average export price increased by 32%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($935 per ton), while the average price for exports to Peru ($631 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 Brazil (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Boron Oxide and Boric Acid in Bolivia (CIF) - 2022
The average import price for oxides of boron and boric acids stood at $1,145 per ton in 2022, jumping by 30% against the previous year. In general, the import price, however, saw a perceptible decrease. Over the period under review, average import prices hit record highs at $1,435 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,563 per ton), while the price for Peru ($943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Boron Oxide and Boric Acid in Bolivia
In 2022, the amount of oxides of boron and boric acids exported from Bolivia contracted dramatically to 1.5K tons, with a decrease of -48.7% against 2021. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 2,292%. As a result, the exports reached the peak of 3K tons, and then shrank significantly in the following year.
In value terms, boron oxide and boric acid exports shrank remarkably to $1.1M in 2022. In general, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 2,299% against the previous year. As a result, the exports reached the peak of $1.7M, and then dropped notably in the following year.
| Export of Boron Oxide and Boric Acid in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 15.2 | N/A | 554 | 486 | 217.4% |
| Peru | N/A | N/A | 196 | 457 | 133.2% |
| Colombia | 63.6 | N/A | 115 | 194 | 45.0% |
| China | 237 | N/A | 209 | N/A | -6.1% |
| Vietnam | 95.7 | N/A | 34.3 | N/A | -40.1% |
| United States | 108 | 61.0 | 466 | N/A | 107.7% |
| Mexico | 157 | 11.8 | 62.7 | N/A | -36.8% |
| Canada | 103 | N/A | N/A | N/A | 0% |
| Others | 77.3 | N/A | 108 | N/A | 18.2% |
| Total | 857 | 72.8 | 1,746 | 1,136 | 9.8% |
Top Export Markets for Boron Oxide and Boric Acid from Bolivia in 2022:
- Peru (724.4 tons)
- Brazil (589.5 tons)
- Colombia (207.0 tons)
Imports of Boron Oxide and Boric Acid in Bolivia
In 2022, approx. 140 tons of oxides of boron and boric acids were imported into Bolivia; falling by -37.5% compared with the previous year. In general, imports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year.
In value terms, boron oxide and boric acid imports reduced sharply to $160K in 2022. Overall, imports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of $197K, and then dropped remarkably in the following year.
| Import of Boron Oxide and Boric Acid in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 131 | 65.6 | N/A | 71.1 | -18.4% |
| Argentina | 33.5 | 35.1 | 164 | 48.5 | 13.1% |
| Brazil | 10.3 | 24.8 | 32.5 | 26.1 | 36.3% |
| Others | 10.9 | 5.1 | 0.5 | 14.1 | 9.0% |
| Total | 186 | 131 | 197 | 160 | -4.9% |
Top Suppliers of Boron Oxide and Boric Acid to Bolivia in 2022:
- Peru (75.5 tons)
- Argentina (51.5 tons)
- Brazil (10.2 tons)
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