Report Update Nov 1, 2024

Saudi Arabia - Oxides of Boron, Boric Acids and Inorganic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Oxides Of Boron Market 2024

Oxides Of Boron Market Size in Saudi Arabia

The Saudi oxides of boron market dropped to $X in 2022, waning by -2.6% against the previous year. Overall, consumption, however, enjoyed a temperate expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Oxides Of Boron Production in Saudi Arabia

In value terms, oxides of boron production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 521%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Oxides Of Boron Exports

Exports from Saudi Arabia

For the sixth consecutive year, Saudi Arabia recorded decline in overseas shipments of oxides of boron, boric acids and inorganic acids, which decreased by 0% to X tons in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 when exports increased by 78%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, oxides of boron exports totaled $X in 2022. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 60%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Korea (X tons) was the main destination for oxides of boron exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

The average oxides of boron export price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the export price posted resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +15.9% per year.

Oxides Of Boron Imports

Imports into Saudi Arabia

In 2017, overseas purchases of oxides of boron, boric acids and inorganic acids decreased by -23.1% to X tons for the first time since 2014, thus ending a two-year rising trend. In general, total imports indicated a tangible increase from 2012 to 2017: its volume increased at an average annual rate of +2.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 48% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2017, the growth of imports remained at a lower figure.

In value terms, oxides of boron imports dropped rapidly to $X in 2017. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 34% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2017, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons) and Turkey (X tons) were the main suppliers of oxides of boron imports to Saudi Arabia.

From 2012 to 2017, the biggest increases were recorded for Turkey (with a CAGR of +25.2%).

In value terms, the United States ($X) and Turkey ($X) appeared to be the largest oxides of boron suppliers to Saudi Arabia.

Turkey, with a CAGR of +16.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average oxides of boron import price stood at $X per ton in 2017, waning by -5.2% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 27%. As a result, import price attained the peak level of $X per ton. From 2015 to 2017, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2017, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2017, the most notable rate of growth in terms of prices was attained by Turkey (-7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oxides of boron, boric acids and inorganic acids in the world?

The countries with the highest volumes of in 2021 were China, Turkey and the United States, with a combined 42% share of global consumption. These countries were followed by Sweden, Germany, Taiwan Chinese), South Korea, Brazil, France, Argentina, Canada, Spain and Chile, which together accounted for a further 32%.

What are the largest producers of oxides of boron, boric acids and inorganic acids in the world?

The countries with the highest volumes of in 2021 were Turkey, the United States and Chile, with a combined 62% share of global production. Russia, Finland, Jordan, Israel, Argentina, Peru, Germany, Bolivia, the Netherlands and Taiwan Chinese) lagged somewhat behind, together accounting for a further 34%.

What are the leading suppliers of oxides of boron, boric acids and inorganic acids to Saudi Arabia?

In value terms, Peru constituted the largest supplier of oxides of boron to Saudi Arabia, comprising 35% of total imports. The second position in the ranking was occupied by the Netherlands, with a 16% share of total imports. It was followed by the United States, with a 15% share.

What are the leading importers of oxides of boron, boric acids and inorganic acids from Saudi Arabia?

In value terms, Kuwait emerged as the key foreign market for oxides of boron exports from Saudi Arabia, comprising 71% of total exports. The second position in the ranking was occupied by India $535), with a 10% share of total exports.

What is the average export price for oxides of boron, boric acids and inorganic acids in Saudi Arabia?

The average oxides of boron export price stood at $1,414 per ton in 2021, dropping by -3.4% against the previous year.

What is the average import price for oxides of boron, boric acids and inorganic acids in Saudi Arabia?

The average oxides of boron import price stood at $694 per ton in 2021, picking up by 1.6% against the previous year.

This report provides an in-depth analysis of the oxides of boron market in Saudi Arabia. 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 20132460 - Oxides of boron, boric acids, inorganic acids (excluding hydrogen fluoride)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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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How to diversify your business and benefit from new market opportunities
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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