Russian Federation - 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 Russia - 2022
Contents:
- Price for Boron Oxide and Boric Acid in Russia (FOB) - 2022
- Price for Boron Oxide and Boric Acid in Russia (CIF) - 2022
- Exports of Boron Oxide and Boric Acid in Russia
- Imports of Boron Oxide and Boric Acid in Russia
Price for Boron Oxide and Boric Acid in Russia (FOB) - 2022
The average export price for oxides of boron and boric acids stood at $486 per ton in January 2022, surging by 9% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.1%. Over the period under review, the average export prices attained the peak figure at $487 per ton in September 2021; however, from October 2021 to January 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($822 per ton), while the average price for exports to South Korea ($417 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Boron Oxide and Boric Acid in Russia (CIF) - 2022
The average import price for oxides of boron and boric acids stood at $509 per ton in 2022, shrinking by -2.9% against the previous year. In general, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1.6%. Over the period under review, average import prices attained the maximum at $756 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -3.7% per year.
Exports of Boron Oxide and Boric Acid in Russia
In 2022, overseas shipments of oxides of boron and boric acids decreased by -0.1% to 87K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 7.5%.
In value terms, boron oxide and boric acid exports contracted modestly to $38M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 8%. As a result, the exports attained the peak of $39M, and then declined in the following year.
| Export of Boron Oxide and Boric Acid in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.7 | 20.6 | 8.8 | 28.9 | 22.6% |
| Belarus | 4.1 | 4.4 | 4.9 | 5.2 | 8.2% |
| South Korea | 7.6 | 6.7 | 15.3 | 2.5 | -31.0% |
| Japan | 5.6 | 3.5 | 6.2 | N/A | 5.2% |
| Others | 4.0 | 1.3 | 4.2 | 1.3 | -31.2% |
| Total | 37.0 | 36.5 | 39.4 | 37.9 | 0.8% |
Top Export Markets for Boron Oxide and Boric Acid from Russia in 2022:
- China (71.6K tons)
- Belarus (7.1K tons)
- South Korea (6.7K tons)
Imports of Boron Oxide and Boric Acid in Russia
In 2022, the amount of oxides of boron and boric acids imported into Russia rose modestly to 24K tons, growing by 2.2% on 2021. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, boron oxide and boric acid imports dropped modestly to $12M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 1.6%. As a result, imports reached the peak of $12M, leveling off in the following year.
| Import of Boron Oxide and Boric Acid in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 11.4 | 12.0 | 12.1 | 12.3 | 2.6% |
| Others | 0.7 | 0.3 | 0.3 | N/A | -34.5% |
| Total | 12.1 | 12.3 | 12.5 | 12.4 | 0.8% |
Top Suppliers of Boron Oxide and Boric Acid to Russia in 2022:
- Turkey (24.3K tons)
This report provides an in-depth analysis of the market for boron oxide and boric acid in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
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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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