ASEAN - Oxides of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingASEAN: Market for Oxides Of Boron and Boric Acids 2024
Exports of Oxides Of Boron and Boric Acids
Exports in ASEAN
In 2021, boron oxide and boric acid exports in ASEAN rose rapidly to X tons, picking up by 8.7% against 2020 figures. Overall, exports recorded resilient growth. The growth pace was the most rapid in 2020 when exports increased by 104%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.
In value terms, boron oxide and boric acid exports surged to $X in 2021. In general, exports continue to indicate prominent growth. The growth pace was the most rapid in 2020 when exports increased by 83% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.
Exports by Country
Malaysia prevails in exports structure, recording X tons, which was near 96% of total exports in 2021. Singapore (X tons) followed a long way behind the leaders.
Malaysia was also the fastest-growing in terms of the oxides of boron and boric acids exports, with a CAGR of +23.9% from 2012 to 2021. Singapore (-6.7%) illustrated a downward trend over the same period. Malaysia (+51 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -14.5% from 2012 to 2021, respectively.
In value terms, Malaysia ($X) remains the largest boron oxide and boric acid supplier in ASEAN, comprising 89% of total exports. The second position in the ranking was taken by Singapore ($X), with an 8.8% share of total exports.
From 2012 to 2021, the average annual growth rate of value in Malaysia stood at +17.9%.
Export Prices by Country
In 2021, the export price in ASEAN amounted to $X per ton, with an increase of 11% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by 56%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Malaysia amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+0.1%).
Imports of Oxides Of Boron and Boric Acids
Imports in ASEAN
Boron oxide and boric acid imports soared to X tons in 2021, jumping by 46% against 2020 figures. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +69.1% against 2019 indices. 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 surged to $X in 2021. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Malaysia represented the largest importing country with an import of around X tons, which amounted to 61% of total imports. It was distantly followed by Thailand (X tons) and Vietnam (X tons), together comprising a 30% share of total imports. The following importers - Indonesia (X tons) and Singapore (X tons) - each amounted to a 7.7% share of total imports.
Malaysia was also the fastest-growing in terms of the oxides of boron and boric acids imports, with a CAGR of +12.7% from 2012 to 2021. At the same time, Vietnam (+12.0%) and Thailand (+11.0%) displayed positive paces of growth. Singapore experienced a relatively flat trend pattern. By contrast, Indonesia (-9.4%) illustrated a downward trend over the same period. While the share of Malaysia (+16 p.p.), Vietnam (+3.1 p.p.) and Thailand (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Singapore (-4.9 p.p.) and Indonesia (-16.5 p.p.) displayed negative dynamics.
In value terms, Malaysia ($X) constitutes the largest market for imported oxides of boron and boric acids in ASEAN, comprising 57% of total imports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total imports. It was followed by Vietnam, with a 14% share.
In Malaysia, boron oxide and boric acid imports increased at an average annual rate of +7.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Thailand (+9.2% per year) and Vietnam (+9.1% per year).
Import Prices by Country
In 2021, the import price in ASEAN amounted to $X per ton, rising by 2% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Singapore ($X per ton) and Indonesia ($X per ton), while Malaysia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-1.6%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for boron oxide and boric acid in ASEAN. 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:
- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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