Report Update Nov 1, 2024

Puerto Rico - Borates - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Borates Market 2024

Borates Exports

Exports by Country

The United States (X tons) and Turkey (X tons) represented roughly 61% of total exports in 2021. Bolivia (X tons) held the next position in the ranking, followed by the Netherlands (X tons) and Chile (X tons). All these countries together held approx. 22% share of total exports. The following exporters - Argentina (X tons) and Russia (X tons) - each resulted at a 6.8% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bolivia (with a CAGR of +8.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the largest borates supplier from Puerto Rico, comprising 39% of global exports. The second position in the ranking was taken by Turkey ($X), with an 18% share of global exports. It was followed by the Netherlands, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +1.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+2.5% per year) and the Netherlands (+9.1% per year).

Borates Imports

Imports by Country

China represented the main importing country with an import of around X tons, which finished at 35% of total imports. The United States (X tons) ranks second in terms of the total imports with an 8.3% share, followed by Brazil (8.3%) and India (6.1%). The following importers - the Netherlands (X tons), Germany (X tons), Spain (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), Indonesia (X tons), South Korea (X tons), Canada (X tons) and Russia (X tons) - together made up 23% of total imports.

From 2012 to 2021, average annual rates of growth with regard to borates imports into China stood at +4.0%. At the same time, the Netherlands (+42.7%), Germany (+39.9%), Spain (+13.4%), India (+9.6%), Canada (+8.1%), the United States (+7.0%), Brazil (+4.7%), Indonesia (+4.5%), Russia (+4.2%) and South Korea (+1.7%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +42.7% from 2012-2021. Taiwan (Chinese) and Malaysia experienced a relatively flat trend pattern. The Netherlands (+3.8 p.p.), Germany (+3.5 p.p.) and Spain (+2.5 p.p.) significantly strengthened its position in terms of the global imports, while Taiwan (Chinese), Malaysia and China saw its share reduced by -1.6%, -1.8% and -7.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported borates into Puerto Rico, comprising 31% of global imports. The second position in the ranking was taken by the United States ($X), with a 7.3% share of global imports. It was followed by Brazil, with a 6.3% share.

In China, borates imports increased at an average annual rate of +1.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United States (+3.0% per year) and Brazil (+2.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for borates in the world?

The countries with the highest volumes of in 2021 were China, Turkey and the United States, with a combined 55% share of global consumption. These countries were followed by Kazakhstan, India, Brazil, Chile, Germany, Taiwan Chinese) and Malaysia, which together accounted for a further 26%.

What are the largest producers of borates in the world?

The countries with the highest volumes of in 2021 were Turkey, the United States and Kazakhstan, with a combined 72% share of global production. These countries were followed by China, Bolivia, Chile and Argentina, which together accounted for a further 24%.

What are the leading suppliers of borates to Puerto Rico?

In value terms, China constitutes the largest market for imported borates into Puerto Rico, comprising 30% of global imports. The second position in the ranking was occupied by the United States, with an 8% share of global imports. It was followed by India, with a 6.2% share.

What are the leading importers of borates from Puerto Rico?

In value terms, the United States emerged as the largest borates supplier from Puerto Rico, comprising 39% of global exports. The second position in the ranking was occupied by Turkey, with a 19% share of global exports. It was followed by the Netherlands, with a 7.6% share.

What is the average export price for borates in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, leveling off at the previous year.

What is the average import price for borates in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the borates market in Puerto Rico. 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 20136230 - Borates, peroxoborates (perborates)

Country coverage:

Puerto Rico

Data coverage:

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