Report Update Nov 1, 2024

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

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Russian Federation: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in the Russian Federation

The Russian market for oxides of boron and boric acids reached $X in 2021, remaining stable against the previous year. Overall, consumption saw a abrupt setback. Boron oxide and boric acid consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Oxides Of Boron and Boric Acids in the Russian Federation

In value terms, boron oxide and boric acid production rose significantly to $X in 2021 estimated in export price. In general, production, however, saw a perceptible setback. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Oxides Of Boron and Boric Acids

Exports from the Russian Federation

In 2021, approx. X tons of oxides of boron and boric acids were exported from Russia; standing approx. at the previous year. The total export volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by 24%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, boron oxide and boric acid exports expanded significantly to $X in 2021. Overall, exports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2016 when exports increased by 17% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X tons), China (X tons) and Japan (X tons) were the main destinations of boron oxide and boric acid exports from Russia, together comprising 83% of total exports. These countries were followed by Belarus and Taiwan (Chinese), which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +141.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Japan ($X) appeared to be the largest markets for boron oxide and boric acid exported from Russia worldwide, together accounting for 79% of total exports. Belarus and Taiwan (Chinese) lagged somewhat behind, together comprising a further 17%.

Among the main countries of destination, Belarus, with a CAGR of +104.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for oxides of boron and boric acids stood at $X per ton in 2021, growing by 7.7% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of 11% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 China (-6.5%), while the prices for the other major destinations experienced a decline.

Imports of Oxides Of Boron and Boric Acids

Imports into the Russian Federation

In 2021, imports of oxides of boron and boric acids into Russia amounted to X tons, almost unchanged from the year before. Overall, imports recorded buoyant growth. The growth pace was the most rapid in 2016 when imports increased by 66%. Imports peaked at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, boron oxide and boric acid imports rose to $X in 2021. In general, imports posted a perceptible expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 46% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) was the main boron oxide and boric acid supplier to Russia, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +7.4%.

In value terms, Turkey ($X) constituted the largest supplier of oxides of boron and boric acids to Russia.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +3.1%.

Import Prices by Country

The average import price for oxides of boron and boric acids stood at $X per ton in 2021, flattening at the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of 1.6% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -4.0% per year.

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, with a combined 77% share of global production. Russia, Argentina, Peru and Luxembourg lagged somewhat behind, together comprising a further 20%.

What are the leading suppliers of oxides of boron and boric acids to the Russian Federation?

In value terms, Turkey constituted the largest supplier of boron oxide and boric acid to Russia.

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

In value terms, the largest markets for boron oxide and boric acid exported from Russia were South Korea, China and Japan, together accounting for 77% of total exports. Belarus and Taiwan Chinese) lagged somewhat behind, together accounting for a further 17%.

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

The average export price for oxides of boron and boric acids stood at $450 per ton in 2021, rising by 7.7% against the previous year.

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

The average import price for oxides of boron and boric acids stood at $524 per ton in 2021, approximately equating the previous year.

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

Russia

Data coverage:

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

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
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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