South-Eastern Asia: Oxides Of Boron Market 2025

Oxides Of Boron Market Size in South-Eastern Asia

The Southeast Asian oxides of boron market fell remarkably to $X in 2022, with a decrease of -21.8% against the previous year. Overall, consumption showed a pronounced downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Oxides Of Boron Production in South-Eastern Asia

In value terms, oxides of boron production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 31%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Oxides Of Boron Exports

Exports in South-Eastern Asia

In 2022, exports of oxides of boron, boric acids and inorganic acids in South-Eastern Asia surged to X tons, jumping by 37% on the year before. In general, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, oxides of boron exports skyrocketed to $X in 2022. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 55%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Indonesia represented the key exporter of oxides of boron, boric acids and inorganic acids in South-Eastern Asia, with the volume of exports recording X tons, which was near 53% of total exports in 2022. Malaysia (X tons) ranks second in terms of the total exports with a 31% share, followed by Thailand (10%). The following exporters - Singapore (X tons) and Vietnam (X tons) - together made up 5.9% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +36.4%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, with a combined 90% share of total exports. Thailand and Vietnam lagged somewhat behind, together comprising a further 10%.

Vietnam, with a CAGR of +42.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2013 when the export price increased by 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.5%), while the other leaders experienced more modest paces of growth.

Oxides Of Boron Imports

Imports in South-Eastern Asia

After two years of growth, overseas purchases of oxides of boron, boric acids and inorganic acids decreased by -37% to X tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, oxides of boron imports fell to $X in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Malaysia (X tons) and Thailand (X tons) represented the major importers of oxides of boron, boric acids and inorganic acids in South-Eastern Asia, together comprising 72% of total imports. Singapore (X tons) ranks next in terms of the total imports with an 11% share, followed by Indonesia (5%). Vietnam (X tons), the Philippines (X tons) and Lao People's Democratic Republic (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +12.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Malaysia ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, with a combined 81% share of total imports.

Among the main importing countries, Thailand, with a CAGR of +9.1%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of 43% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+9.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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