We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
World - Borates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Borates - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jun 29, 2018

Turkey Is the Leading Consumer on the Global Borates Market

IndexBox has just published a new report "World: Borates - Market Report. Analysis And Forecast To 2025". Here is a summary of the report's key findings.

In 2016, Global Borate Consumption Kept the Level of the Previous Year

Borates are used in the production of glass, ceramics, agriculture, detergents and bleaches. From 2007 to 2016, global borate consumption displayed a mixed dynamic. Between 2015 and 2016, global borate market remained relatively stable. As of the end of 2016, the global borate market stood at X thousand tons. In value terms, a significant drop in 2012 was followed by recovery over the next two years, until the market slipped back again. According to IndexBox estimates, in 2016 the global borate market value dropped by X% to X million USD.

Turkey Was The Leading Global Consumer Country of Borates

Turkey (X thousand tons), China (X thousand tons), the United States (X thousand tons) and Argentina (X thousand tons) were the countries with the highest consumption, together accounting for almost X% of global figures. In terms of the key consumer countries in 2016, Turkey (X kg per year), Argentina (X kg per year) and the United States (X kg per year) registered a per capita consumption figure higher than the global average of X kg per year, while China (X kg per year) recorded the lowest.

In the Medium Term, the Borates Market Is Set to Continue Modest Growth

In the medium-term perspective, the development of the world borate market will be affected by the state of the borate-consuming industries, primarily, construction and industrial sectors. It is expected that during 2016-2025, consumption of borates will continue to grow at an average annual growth rate of +X% spurred by strong demand in construction, ceramic, and glass markets mainly in Asia and South America.

Global Borates Output Saw a Moderate Increase

Production of borates amounted to X thousand tons in 2016 with notable fluctuations over the last few years. A perseptible drop in 2015 was followed by X% growth in 2016. In value terms, global production of borates was estimated at X million USD.

Turkey was the key world borates producing country with an output of about X thousand tons in 2016, which accounted for X% of the global output. The other major producers were the United States (X%), Argentina (X%), Peru (X%), and Chile (X%).

Approx. X% of Borates Produced World-wide Was Sent for Export

Borates are a widely traded commodity, with the share of exports in total global output standing at about X% in 2016. A high trade intensity is determined mainly by the geographical differenciation between the main countries that manufacture borates, and the key consuming countries.

The world borates trade is expected to grow, but with annual growth slowing, due to only the modest demand expansion, the softening growth of borates production and increasing domestic demand in some of the major exporting countries.

Turkey, the U.S. and Bolivia Were the Main Exporters of Borates

In 2016, the volume of global exports totaled X thousand tons, with a X% growth over the last year. After a decline by X% in 2009, export surged by X% and continued to grow at a more moderate growth pace, until it dropped again in 2015.

Turkey (X% of global exports), the United States (X%) and Bolivia (X%) were the main global suppliers of borates in 2016. From 2007 to 2016, Turkey (+X% per year) and Bolivia (+X% per year) were the fastest growing suppliers among the major exporters. Turkey (+X percentage points) and Bolivia (+X percentage points) increased their shares, while the United States saw its share reduced by -X percentage points.

China Increased Its Imports of Borates Twofold over the Last Nine Years

The volume of global imports totaled X thousand tons in 2016. Imports dynamics was generally in line with exports: these trade flows globally complement each other. Following the high trade intensity, the share of imports in global demand accounted for about X%.

In 2016, China (X thousand tons) was the leading destination of borates imports, making up X% of global imports in physical terms. It was followed by the United States (X%), Brazil (X%), India (X%) and Malaysia (X%). Among the major importing countries the United States (+X% per year), Malaysia (+X%), China (+X%) and India (+X% per year) gained the highest annual growth rates between 2007 and 2016. The shares of China (+X percentage points) and the United States (+X percentage points) increased significantly between 2007 and 2016.

Do you want to know more about the global borates market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • borates market share
  • borates prices
  • borates industry
  • borates sales
  • borates import
  • borates export
  • borates market forecast
  • borates price forecast

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global borates market. 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 20136230 - Borates, peroxoborates (perborates)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Rio Tinto, American Borate Co., 5E Advanced Materials Inc., Quiborax S.A., Inkabor, Bacanora Minerals Ltd., Borax Argentina, Orocobre Ltd., Etimaden, Erin Ventures Inc., Searles Valley Minerals, SAE Manufacturing Specialties Corp, High Tech Material Solutions, Economy Polymers & Chemicals, Aldon Corporation, Mid South Chemical Co., Barite0, Etimine USA, Boric Acid & Borax, Rose Mill

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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

Recommended posts

Free Data: Borates - World
Table
Borates - World - Table
Dashboard
Borates - World - Dashboard
Report
Borates - World - Report