Report Update Nov 1, 2024

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

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Dominican Republic: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in the Dominican Republic

In 2021, the Dominican market for oxides of boron and boric acids was finally on the rise to reach $X after three years of decline. In general, consumption saw a notable expansion. Boron oxide and boric acid consumption peaked in 2021 and is likely to continue growth in years to come.

Exports of Oxides Of Boron and Boric Acids

Exports from the Dominican Republic

In 2021, approx. X tons of oxides of boron and boric acids were exported from the Dominican Republic; picking up by 6% on 2020. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 2,235%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, boron oxide and boric acid exports skyrocketed to $X in 2021. In general, exports recorded a significant increase. The growth pace was the most rapid in 2013 with an increase of 802%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Jamaica (X kg) was the main destination for boron oxide and boric acid exports from the Dominican Republic, with a 59% share of total exports. Moreover, boron oxide and boric acid exports to Jamaica exceeded the volume sent to the second major destination, Haiti (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to Jamaica amounted to +39.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+22.1% per year) and Guatemala (0.0% per year).

In value terms, the largest markets for boron oxide and boric acid exported from the Dominican Republic were Guatemala ($X), Jamaica ($X) and Haiti ($X), with a combined 99% share of total exports.

In terms of the main countries of destination, Jamaica, with a CAGR of +34.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for oxides of boron and boric acids stood at $X per ton in 2021, growing by 15% against the previous year. In general, the export price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2019 an increase of 69% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Guatemala ($X per ton), while the average price for exports to Jamaica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-3.2%).

Imports of Oxides Of Boron and Boric Acids

Imports into the Dominican Republic

In 2021, approx. X tons of oxides of boron and boric acids were imported into the Dominican Republic; rising by 83% on the previous year's figure. In general, imports saw a moderate expansion. The pace of growth appeared the most rapid in 2014 with an increase of 161% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, boron oxide and boric acid imports surged to $X in 2021. Overall, imports showed a perceptible expansion. The growth pace was the most rapid in 2014 with an increase of 119% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Chile (X tons), Peru (X tons) and Argentina (X tons) were the main suppliers of boron oxide and boric acid imports to the Dominican Republic, together comprising 62% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +78.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest boron oxide and boric acid suppliers to the Dominican Republic were the United States ($X), the UK ($X) and Chile ($X), together accounting for 47% of total imports. These countries were followed by Germany, Argentina, Peru, Turkey and China, which together accounted for a further 33%.

In terms of the main suppliers, Argentina, with a CAGR of +57.1%, recorded the highest rates of growth with regard to the value of imports, 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, growing by 6.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 10%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), 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 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, with a combined 77% share of global production. These countries were followed by Russia, Argentina, Peru and Luxembourg, which together accounted for a further 20%.

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

In value terms, the United States, Chile and Peru were the largest boron oxide and boric acid suppliers to the Dominican Republic, together accounting for 97% of total imports.

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

In value terms, Haiti emerged as the key foreign market for boron oxide and boric acid exports from the Dominican Republic, comprising 97% of total exports. The second position in the ranking was occupied by Curacao $44), with a 3.1% share of total exports.

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

The average export price for oxides of boron and boric acids stood at $1,098 per ton in 2021, rising by 21% against the previous year.

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

In 2021, the average import price for oxides of boron and boric acids amounted to $1,179 per ton, picking up by 32% against the previous year.

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

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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