Report Update Nov 1, 2024

Bangladesh - Oxides of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in Bangladesh

The Bangladeshi market for oxides of boron and boric acids skyrocketed to $X in 2021, increasing by 45% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +10.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +73.4% against 2018 indices. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2021.

Exports of Oxides Of Boron and Boric Acids

Exports from Bangladesh

In 2021, approx. X kg of oxides of boron and boric acids were exported from Bangladesh; reducing by -99.4% compared with 2020. Over the period under review, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2013 when exports increased by 231%. As a result, the exports attained the peak of X kg. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, boron oxide and boric acid exports reduced sharply to $X in 2021. In general, exports saw a sharp setback. The pace of growth was the most pronounced in 2013 when exports increased by 121%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for boron oxide and boric acid exports from Bangladesh, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at -46.5%.

In value terms, the UK ($X) also remains the key foreign market for oxides of boron and boric acids exports from Bangladesh.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to -41.6%.

Export Prices by Country

In 2021, the average export price for oxides of boron and boric acids amounted to $X per ton, falling by -29.4% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +5.9% per year.

Imports of Oxides Of Boron and Boric Acids

Imports into Bangladesh

In 2021, boron oxide and boric acid imports into Bangladesh stood at X tons, picking up by 13% compared with 2020. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.7% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by 84% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, boron oxide and boric acid imports skyrocketed to $X in 2021. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 67%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Peru (X tons), the United States (X tons) and Argentina (X tons) were the main suppliers of boron oxide and boric acid imports to Bangladesh, together accounting for 71% of total imports. Turkey, India, Chile, Germany and Italy lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +51.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Turkey ($X) and Peru ($X) appeared to be the largest boron oxide and boric acid suppliers to Bangladesh, together accounting for 57% of total imports. Argentina, Germany, Italy, India and Chile lagged somewhat behind, together accounting for a further 30%.

India, with a CAGR of +52.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for oxides of boron and boric acids amounted to $X per ton, surging by 37% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oxides of boron and boric acids in the world?

The countries with the highest volumes of in 2021 were Turkey, China and the United States, with a combined 57% share of global consumption.

What are the largest producers of oxides of boron and boric acids in the world?

The countries with the highest volumes of in 2021 were Turkey, the United States and Chile, together comprising 77% of global production. Russia, Argentina, Peru and Luxembourg lagged somewhat behind, together accounting for a further 20%.

What are the leading suppliers of oxides of boron and boric acids to Bangladesh?

In value terms, the United States, Argentina and Peru appeared to be the largest boron oxide and boric acid suppliers to Bangladesh, together comprising 61% of total imports. These countries were followed by Chile, Turkey and India, which together accounted for a further 19%.

What are the leading importers of oxides of boron and boric acids from Bangladesh?

In value terms, the UK remains the key foreign market for boron oxide and boric acid exports from Bangladesh, comprising 99% of total exports. The second position in the ranking was occupied by Canada $14), with a 1.1% share of total exports.

What is the average export price for oxides of boron and boric acids in Bangladesh?

In 2021, the average export price for oxides of boron and boric acids amounted to $2,856 per ton, dropping by -65.4% against the previous year.

What is the average import price for oxides of boron and boric acids in Bangladesh?

In 2021, the average import price for oxides of boron and boric acids amounted to $671 per ton, falling by -11.1% against the previous year.

This report provides an in-depth analysis of the market for boron oxide and boric acid in Bangladesh. 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:

Bangladesh

Data coverage:

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