India - Oxides Of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Boron Oxide and Boric Acid in India - 2023
Contents:
- Price for Boron Oxide and Boric Acid in India (CIF) - 2022
- Price for Boron Oxide and Boric Acid in India (FOB) - 2023
- Imports of Boron Oxide and Boric Acid in India
- Exports of Boron Oxide and Boric Acid in India
Price for Boron Oxide and Boric Acid in India (CIF) - 2022
The average import price for oxides of boron and boric acids stood at $1,059 per ton in 2022, with an increase of 35% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,316 per ton), while the price for Singapore ($858 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Boron Oxide and Boric Acid in India (FOB) - 2023
The average export price for oxides of boron and boric acids stood at $1,530 per ton in September 2023, stabilizing at the previous month. Over the period under review, the export price showed a slight decrease. The growth pace was the most rapid in January 2023 an increase of 40% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,319 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In September 2023, the highest price was recorded for prices to Nigeria ($1,579 per ton) and Angola ($1,542 per ton), while the average price for exports to Bhutan ($1,170 per ton) and Nepal ($1,316 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (-0.0%), while the prices for the other major destinations experienced a decline.
Imports of Boron Oxide and Boric Acid in India
In 2022, overseas purchases of oxides of boron and boric acids decreased by -13.8% to 7.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 31%.
In value terms, boron oxide and boric acid imports skyrocketed to $7.8M in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Boron Oxide and Boric Acid in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1.4 | 2.5 | 4.4 | 4.2 | 44.2% |
Singapore | 0.3 | 1.1 | 1.0 | 2.4 | 100.0% |
China | 0.2 | 0.2 | 0.7 | 0.8 | 58.7% |
United States | 0.9 | 0.3 | 0.4 | 0.3 | -30.7% |
Peru | 0.3 | 0.1 | N/A | N/A | -66.7% |
Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
Total | 3.3 | 4.3 | 6.7 | 7.8 | 33.2% |
Top Suppliers of Boron Oxide and Boric Acid to India in 2022:
- Turkey (4.1K tons)
- Singapore (2.8K tons)
- United States (0.2K tons)
- China (0.2K tons)
Exports of Boron Oxide and Boric Acid in India
Boron oxide and boric acid exports from India skyrocketed to 3.4K tons in 2022, rising by 140% on the previous year. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, boron oxide and boric acid exports skyrocketed to $5.1M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Boron Oxide and Boric Acid in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 78.5 | 638 | N/A | 1,796 | 183.9% |
United Arab Emirates | 4.5 | 8.7 | 5.6 | 856 | 475.1% |
United States | 186 | 172 | 248 | 402 | 29.3% |
Nigeria | 220 | 275 | 587 | 388 | 20.8% |
Nepal | 142 | 129 | 239 | 256 | 21.7% |
Kenya | 108 | 36.1 | 130 | 167 | 15.6% |
Angola | 48.8 | 30.8 | 108 | 119 | 34.6% |
Bhutan | 69.6 | 44.6 | 37.7 | 80.2 | 4.8% |
Ethiopia | 92.8 | 29.6 | 93.3 | 80.0 | -4.8% |
Tanzania | 54.9 | 29.3 | 86.7 | 78.0 | 12.4% |
Bangladesh | 179 | 76.5 | 127 | 68.1 | -27.5% |
Sri Lanka | 67.9 | 23.8 | 27.6 | 46.9 | -11.6% |
Uganda | 64.4 | 142 | 80.1 | 16.9 | -36.0% |
Others | 464 | 486 | 653 | 740 | 16.8% |
Total | 1,781 | 2,121 | 2,423 | 5,095 | 42.0% |
Top Export Markets for Boron Oxide and Boric Acid from India in 2022:
- Iran (1512.0 tons)
- United Arab Emirates (632.0 tons)
- Nigeria (232.8 tons)
- Nepal (166.3 tons)
- United States (115.3 tons)
- Kenya (94.3 tons)
- Angola (70.6 tons)
- Ethiopia (48.4 tons)
- Bhutan (45.4 tons)
- Sri Lanka (41.9 tons)
- Tanzania (41.6 tons)
- Bangladesh (27.9 tons)
- Uganda (12.0 tons)
This report provides an in-depth analysis of the market for boron oxide and boric acid in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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