Report Update Nov 1, 2024

Angola - Borates - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Borates Market 2024

Borates Market Size in Angola

The Angolan borates market fell to $X in 2022, with a decrease of -12.1% against the previous year. In general, consumption, however, recorded a strong increase. Over the period under review, the market reached the peak level at $X in 2021, and then reduced in the following year.

Borates Production in Angola

In value terms, borates production amounted to $X in 2022 estimated in export price. Overall, production posted a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 37% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Borates Exports

Exports from Angola

In 2021, exports of borates from Angola stood at X tons, therefore, remained relatively stable against the previous year. Overall, exports showed a sharp downturn. The smallest decline of -81.9% was in 2016. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, borates exports stood at $X in 2021. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of -70.9% was in 2016. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Congo (X tons) and Denmark (X tons) were the main destinations of borates exports from Angola.

From 2015 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of 0.0%).

In value terms, the largest markets for borates exported from Angola were Congo ($X) and Denmark ($X).

Denmark, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average borates export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 61% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Congo stood at $X per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-0.8%).

Borates Imports

Imports into Angola

In 2022, the amount of borates imported into Angola contracted to X tons, with a decrease of -13.9% compared with the year before. Overall, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by 267%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, borates imports shrank notably to $X in 2022. Over the period under review, imports, however, enjoyed modest growth. The growth pace was the most rapid in 2014 with an increase of 222%. Imports peaked at $X in 2021, and then fell notably in the following year.

Imports by Country

Belgium (X tons), India (X tons) and Portugal (X tons) were the main suppliers of borates imports to Angola, together comprising 93% of total imports. South Africa and the United States lagged somewhat behind, together accounting for a further 3%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +36.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of borates to Angola, comprising 47% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports. It was followed by Portugal, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+16.3% per year) and Portugal (+7.6% per year).

Import Prices by Country

In 2022, the average borates import price amounted to $X per ton, shrinking by -4.3% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 7.3%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for borates in the world?

The countries with the highest volumes of in 2021 were China, Turkey and the United States, together comprising 55% of global consumption. Kazakhstan, India, Brazil, Chile, Germany, Taiwan Chinese) and Malaysia lagged somewhat behind, together comprising a further 26%.

What are the largest producers of borates in the world?

The countries with the highest volumes of in 2021 were Turkey, the United States and Kazakhstan, with a combined 72% share of global production. China, Bolivia, Chile and Argentina lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of borates to Angola?

In value terms, India constituted the largest supplier of borates to Angola, comprising 85% of total imports. The second position in the ranking was occupied by Portugal, with a 12% share of total imports.

What is the average export price for borates in Angola?

In 2016, the average borates export price amounted to $1,167 per ton, with an increase of 53% against the previous year.

What is the average import price for borates in Angola?

The average borates import price stood at $1,695 per ton in 2021, surging by 18% against the previous year.

This report provides an in-depth analysis of the borates market in Angola. 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:

Angola

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Angola
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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