Report Update Nov 1, 2024

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

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Luxembourg: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in Luxembourg

The Luxembourg market for oxides of boron and boric acids rose to $X in 2021, surging by 2.1% against the previous year. In general, consumption, however, enjoyed resilient growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Production of Oxides Of Boron and Boric Acids in Luxembourg

In value terms, boron oxide and boric acid production stood at $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 7.5%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Oxides Of Boron and Boric Acids

Exports from Luxembourg

Boron oxide and boric acid exports from Luxembourg fell notably to X kg in 2020, waning by 99.9% against the year before. Over the period under review, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2015 when exports increased by 85%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

In value terms, boron oxide and boric acid exports fell remarkably to $X in 2020. Overall, exports showed a sharp reduction. The growth pace was the most rapid in 2015 when exports increased by 53%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

Exports by Country

France (X kg), the Netherlands (X kg) and Belgium (X kg) were the main destinations of boron oxide and boric acid exports from Luxembourg, together comprising 95% of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of -60.7%), while the other leaders experienced a decline.

In value terms, the largest markets for boron oxide and boric acid exported from Luxembourg were France ($X), the Netherlands ($X) and Belgium ($X), together comprising 94% of total exports.

Among the main countries of destination, Belgium, with a CAGR of -62.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average export price for oxides of boron and boric acids amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 18%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2020, the highest price was recorded for prices to Italy ($X per ton) and Belgium ($X per ton), while the average price for exports to France ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France (-1.6%), while the prices for the other major destinations experienced a decline.

Imports of Oxides Of Boron and Boric Acids

Imports into Luxembourg

In 2021, the amount of oxides of boron and boric acids imported into Luxembourg skyrocketed to X kg, increasing by 27% compared with 2020 figures. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2016 when imports increased by 181%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, boron oxide and boric acid imports surged to $X in 2021. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 81% against the previous year. Imports peaked at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

In 2021, Germany (X kg) constituted the largest supplier of boron oxide and boric acid to Luxembourg, accounting for a 83% share of total imports. Moreover, boron oxide and boric acid imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +29.4%.

In value terms, Germany ($X) constituted the largest supplier of oxides of boron and boric acids to Luxembourg, comprising 73% of total imports. The second position in the ranking was held by Belgium ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +12.6%.

Import Prices by Country

The average import price for oxides of boron and boric acids stood at $X per ton in 2021, growing by 2.2% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-10.5%).

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, together comprising 57% 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 Luxembourg?

In value terms, Germany constituted the largest supplier of boron oxide and boric acid to Luxembourg, comprising 73% of total imports. The second position in the ranking was occupied by Belgium $817), with a 27% share of total imports.

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

In value terms, France remains the key foreign market for boron oxide and boric acid exports from Luxembourg, comprising 68% of total exports. The second position in the ranking was occupied by Belgium, with a 15% share of total exports. It was followed by the Netherlands, with a 13% share.

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

The average export price for oxides of boron and boric acids stood at $517 per ton in 2021, remaining stable against the previous year.

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

The average import price for oxides of boron and boric acids stood at $5,947 per ton in 2021, with an increase of 22% against the previous year.

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

Luxembourg

Data coverage:

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

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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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