Australia and Oceania: Oxides Of Boron Market 2025

Oxides Of Boron Market Size in Australia and Oceania

For the third consecutive year, the oxides of boron market in Australia and Oceania recorded growth in sales value, which increased by 25% to $X in 2022. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +66.0% against 2019 indices. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Oxides Of Boron Production in Australia and Oceania

In value terms, oxides of boron production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 23%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Oxides Of Boron Exports

Exports in Australia and Oceania

In 2022, oxides of boron exports in Australia and Oceania plummeted to X tons, which is down by -33.7% against the year before. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of 52%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, oxides of boron exports declined to $X in 2022. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by 28% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, accounting for X tons, which was near 91% of total exports in 2022. It was distantly followed by New Zealand (X tons), comprising a 4.6% share of total exports. Papua New Guinea (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to oxides of boron exports from Australia stood at -8.7%. At the same time, Papua New Guinea (+8.8%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +8.8% from 2012-2022. By contrast, New Zealand (-26.7%) illustrated a downward trend over the same period. While the share of Australia (+23 p.p.) and Papua New Guinea (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-26.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest oxides of boron supplier in Australia and Oceania, comprising 96% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +2.4%. In the other countries, the average annual rates were as follows: New Zealand (-28.4% per year) and Papua New Guinea (-0.5% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, picking up by 32% against the previous year. Over the period under review, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 when the export price increased by 83%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.1%), while the other leaders experienced a decline in the export price figures.

Oxides Of Boron Imports

Imports in Australia and Oceania

In 2022, the amount of oxides of boron, boric acids and inorganic acids imported in Australia and Oceania fell to X tons, reducing by -6.9% on 2021. Total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.2% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, oxides of boron imports soared to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 48%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Australia was the key importing country with an import of about X tons, which amounted to 69% of total imports. It was distantly followed by New Zealand (X tons), generating a 30% share of total imports.

Australia was also the fastest-growing in terms of the oxides of boron, boric acids and inorganic acids imports, with a CAGR of +3.9% from 2012 to 2022. At the same time, New Zealand (+1.8%) displayed positive paces of growth. From 2012 to 2022, the share of Australia increased by +4.5 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported oxides of boron, boric acids and inorganic acids in Australia and Oceania, comprising 73% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +6.6%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, with an increase of 47% against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oxides of boron import price increased by +89.5% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+2.9%).

Source: IndexBox Platform

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