Report Update Nov 1, 2024

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

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Ecuador: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in Ecuador

In 2021, the Ecuadorian market for oxides of boron and boric acids increased by 68% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +97.6% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Oxides Of Boron and Boric Acids

Exports from Ecuador

In 2017, after three years of decline, there was decline in shipments abroad of oxides of boron and boric acids, when their volume decreased by 0% to X kg. Over the period under review, exports continue to indicate a abrupt decline. The smallest decline of -19.5% was in 2014. The exports peaked at X kg in 2013; however, from 2014 to 2017, the exports remained at a lower figure.

In value terms, boron oxide and boric acid exports stood at $X in 2017. Overall, exports showed a abrupt setback. The smallest decline of -20% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

Exports by Country

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

From 2013 to 2017, the average annual growth rate of volume to Peru was relatively modest.

From 2013 to 2017, the average annual rate of growth in terms of value to Peru was relatively modest.

Export Prices by Country

In 2017, the average export price for oxides of boron and boric acids amounted to $X per ton, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price decreased by -0.6%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2017, the export prices remained at a lower figure.

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

From 2013 to 2017, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per year.

Imports of Oxides Of Boron and Boric Acids

Imports into Ecuador

For the third year in a row, Ecuador recorded growth in supplies from abroad of oxides of boron and boric acids, which increased by 74% to X tons in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.2% 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 increased by +106.8% against 2018 indices. As a result, imports reached 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. Overall, imports showed a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Peru (X tons) constituted the largest boron oxide and boric acid supplier to Ecuador, accounting for a 67% share of total imports. Moreover, boron oxide and boric acid imports from Peru exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by Chile (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Peru amounted to +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+27.8% per year) and Chile (-11.8% per year).

In value terms, Peru ($X) constituted the largest supplier of oxides of boron and boric acids to Ecuador, comprising 65% of total imports. The second position in the ranking was taken by Turkey ($X), with a 23% share of total imports. It was followed by Chile, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Peru totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+21.9% per year) and Chile (-16.5% per year).

Import Prices by Country

The average import price for oxides of boron and boric acids stood at $X per ton in 2021, waning by -4.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 1.5%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced a decline.

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. Russia, Argentina, Peru and Luxembourg lagged somewhat behind, together comprising a further 20%.

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

In value terms, Peru constituted the largest supplier of boron oxide and boric acid to Ecuador, comprising 65% of total imports. The second position in the ranking was occupied by Turkey, with a 23% share of total imports.

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

The average export price for oxides of boron and boric acids stood at $194 per ton in 2017, approximately reflecting the previous year.

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

The average import price for oxides of boron and boric acids stood at $704 per ton in 2021, approximately reflecting the previous year.

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

Ecuador

Data coverage:

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