France: Oxides Of Boron Market 2024

Oxides Of Boron Market Size in France

In 2022, the French oxides of boron market increased by 21% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, continues to indicate a slight descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Oxides Of Boron Production in France

In value terms, oxides of boron production declined modestly to $X in 2022 estimated in export price. In general, production, however, recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 0.3%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Oxides Of Boron Exports

Exports from France

Oxides of boron exports from France was estimated at X tons in 2022, remaining relatively unchanged against 2021. Over the period under review, exports showed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, oxides of boron exports skyrocketed to $X in 2022. In general, exports continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Germany (X tons) was the main destination for oxides of boron exports from France, with a 57% share of total exports. Moreover, oxides of boron exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), sixfold. Belgium (X tons) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+95.8% per year) and Belgium (+20.8% per year).

In value terms, Germany ($X) remains the key foreign market for oxides of boron, boric acids and inorganic acids exports from France, comprising 38% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by the United States, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+15.2% per year) and the United States (+110.7% per year).

Export Prices by Country

The average oxides of boron export price stood at $X per ton in 2022, with an increase of 25% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Oxides Of Boron Imports

Imports into France

Oxides of boron imports into France dropped slightly to X tons in 2022, therefore, remained relatively stable against the year before. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 19% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, oxides of boron imports soared to $X in 2022. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +53.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Luxembourg (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of oxides of boron imports to France, with a combined 74% share of total imports. Germany, Belgium, Italy, Taiwan (Chinese), Japan, Turkey, the United States and Chile lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +20.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oxides of boron suppliers to France were China ($X), the Netherlands ($X) and Luxembourg ($X), with a combined 58% share of total imports. Germany, Belgium, Italy, the United States, Taiwan (Chinese), Japan, Chile and Turkey lagged somewhat behind, together accounting for a further 31%.

In terms of the main suppliers, Belgium, with a CAGR of +14.2%, saw 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

The average oxides of boron import price stood at $X per ton in 2022, increasing by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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