Report Update Nov 1, 2024

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

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Norway: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in Norway

In 2021, the Norwegian market for oxides of boron and boric acids increased by 114% to $X, rising for the third year in a row after two years of decline. Overall, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Oxides Of Boron and Boric Acids

Exports from Norway

In 2021, shipments abroad of oxides of boron and boric acids increased by 935% to X tons, rising for the third consecutive year after two years of decline. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, boron oxide and boric acid exports soared to $X in 2021. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 732% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Sweden (X kg) was the main destination for boron oxide and boric acid exports from Norway, with a 3% share of total exports. Moreover, boron oxide and boric acid exports to Sweden exceeded the volume sent to the second major destination, France (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to -13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and Denmark (-11.5% per year).

In value terms, France ($X) emerged as the key foreign market for oxides of boron and boric acids exports from Norway, comprising 28% of total exports. The second position in the ranking was held by Denmark ($X), with a 1.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+3.5% per year) and Sweden (-23.1% per year).

Export Prices by Country

The average export price for oxides of boron and boric acids stood at $X per ton in 2021, falling by -33.2% against the previous year. Overall, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 185% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Sweden ($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 Denmark (+19.0%), while the prices for the other major destinations experienced a decline.

Imports of Oxides Of Boron and Boric Acids

Imports into Norway

In 2021, supplies from abroad of oxides of boron and boric acids increased by 68% to X tons, rising for the third consecutive year after two years of decline. In general, imports posted a prominent increase. The growth pace was the most rapid in 2019 when imports increased by 107% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, boron oxide and boric acid imports surged to $X in 2021. Overall, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Denmark (X tons) and Sweden (X tons) were the main suppliers of boron oxide and boric acid imports to Norway, together comprising 50% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Denmark ($X) and Sweden ($X) appeared to be the largest boron oxide and boric acid suppliers to Norway, together accounting for 47% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +23.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for oxides of boron and boric acids stood at $X per ton in 2021, rising by 43% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 44%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained 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 UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), 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 comprising 77% 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 Norway?

In value terms, the Netherlands, Denmark and Sweden were the largest boron oxide and boric acid suppliers to Norway, with a combined 92% share of total imports.

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

In 2021, the average export price for oxides of boron and boric acids amounted to $198,865 per ton, jumping by 11,784% against the previous year.

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

The average import price for oxides of boron and boric acids stood at $679 per ton in 2021, waning by -12.6% against the previous year.

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

Norway

Data coverage:

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