Report Update Nov 1, 2024

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

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Kenya: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in Kenya

The Kenyan market for oxides of boron and boric acids was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption continues to indicate a strong increase. Boron oxide and boric acid consumption peaked in 2021 and is expected to retain growth in years to come.

Exports of Oxides Of Boron and Boric Acids

Exports from Kenya

In 2021, approx. X tons of oxides of boron and boric acids were exported from Kenya; increasing by 109% against the previous year. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 727%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, boron oxide and boric acid exports surged to $X in 2021. In general, exports saw a significant increase. The growth pace was the most rapid in 2013 when exports increased by 703%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons), Uganda (X tons) and Rwanda (X tons) were the main destinations of boron oxide and boric acid exports from Kenya, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +87.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), Uganda ($X) and Rwanda ($X) constituted the largest markets for boron oxide and boric acid exported from Kenya worldwide, together comprising 98% of total exports.

Rwanda, with a CAGR of +90.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for oxides of boron and boric acids amounted to $X per ton, with an increase of 15% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 42% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Uganda ($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 Rwanda (+9.0%), while the prices for the other major destinations experienced a decline.

Imports of Oxides Of Boron and Boric Acids

Imports into Kenya

In 2021, the amount of oxides of boron and boric acids imported into Kenya surged to X tons, rising by 34% compared with the year before. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 365%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, boron oxide and boric acid imports surged to $X in 2021. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 292% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Russia (X tons) and Argentina (X tons) were the main suppliers of boron oxide and boric acid imports to Kenya, with a combined 81% share of total imports. These countries were followed by India, South Africa and China, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +17.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Turkey ($X) and Russia ($X) appeared to be the largest boron oxide and boric acid suppliers to Kenya, with a combined 79% share of total imports. Argentina, China and South Africa lagged somewhat behind, together comprising a further 15%.

Argentina, with a CAGR of +16.3%, 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, increasing by 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 33% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.9%), 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, together accounting for 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 Kenya?

In value terms, the largest boron oxide and boric acid suppliers to Kenya were India, Turkey and Argentina, together comprising 89% of total imports. These countries were followed by the United States and China, which together accounted for a further 5.9%.

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

In value terms, Ethiopia, Tanzania and Uganda were the largest markets for boron oxide and boric acid exported from Kenya worldwide, together accounting for 89% of total exports.

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

The average export price for oxides of boron and boric acids stood at $1,647 per ton in 2021, surging by 15% against the previous year.

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

In 2021, the average import price for oxides of boron and boric acids amounted to $1,116 per ton, picking up by 31% against the previous year.

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

Kenya

Data coverage:

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