As of 2023, the US exported 555.4 thousand metric tons of refined borax and sodium borates. The forecast for 2024 to 2028 indicates a slight annual decline in exports, with a Compound Annual Growth Rate (CAGR) of approximately -0.1%. The year-on-year variations show minimal decreases, reflecting a mature market with stable demand dynamics and limited growth opportunities. Between 2024 and 2028, export volumes are expected to decrease steadily from 554.52 to 552.36 thousand metric tons.

Future trends to watch for include:

Potential impacts of regulatory changes on borate mining and export activities.
Technological advancements in borate use, potentially altering demand.
Global competitive dynamics, particularly from emerging markets and alternative suppliers.
Economic conditions in key export markets affecting demand for US borates.