Qatar: Oxides Of Boron Market 2024

Oxides Of Boron Market Size in Qatar

The Qatari oxides of boron market shrank to $X in 2022, falling by -13.9% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.2% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then declined in the following year.

Oxides Of Boron Production in Qatar

In value terms, oxides of boron production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 22% against the previous year. Oxides of boron production peaked at $X in 2020; afterwards, it flattened through to 2022.

Oxides Of Boron Exports

Exports from Qatar

Oxides of boron exports from Qatar stood at X tons in 2022, remaining relatively unchanged against the previous year's figure. Over the period under review, exports saw a precipitous curtailment. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, oxides of boron exports amounted to $X in 2022. In general, exports saw a sharp contraction. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Mozambique (X tons) was the main destination for oxides of boron exports from Qatar, with a approx. 100% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of volume to Mozambique was relatively modest.

From 2020 to 2022, the average annual growth rate of value to Mozambique was relatively modest.

Export Prices by Country

The average oxides of boron export price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Mozambique.

From 2020 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

Oxides Of Boron Imports

Imports into Qatar

In 2022, oxides of boron imports into Qatar declined remarkably to X tons, which is down by -63.5% compared with the previous year's figure. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 955% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, oxides of boron imports declined sharply to $X in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 245% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of oxides of boron to Qatar, with a 61% share of total imports. Moreover, oxides of boron imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-5.8% per year) and the United States (-32.3% per year).

In value terms, Turkey ($X), the United States ($X) and Singapore ($X) appeared to be the largest oxides of boron suppliers to Qatar, with a combined 85% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +4.8%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average oxides of boron import price amounted to $X per ton, increasing by 18% against the previous year. Over the period under review, the import price recorded a modest increase. The pace of growth appeared the most rapid in 2016 an increase of 1,286% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for India ($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 (+51.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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