The United States dominates the global export market for borates of metals, with a significant lead over China and Peru. Export volumes showed varied year-on-year changes, with countries like Argentina, Poland, Lithuania, and Slovenia displaying robust growth. In contrast, countries such as Malaysia, Netherlands, and Russia experienced declines. Over a five-year period, the compounded average growth rate (CAGR) indicates that while some countries are strengthening their export positions, others are struggling to maintain market share.
Key trends to watch include the potential impact of increased manufacturing and industrial applications, advancements in mining technology, and environmental regulations, which may influence both production and export dynamics in the borate market globally.
Top countries in Export of Borates of Metals by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 19,604,000 | 2023 | +3.09% | +2.3% | View data |
| 2 | 2 China | 12,186,000 | 2023 | +2.14% | +3.61% | View data |
| 3 | 3 Peru | 5,859,400 | 2023 | +4.14% | +4.83% | View data |
| 4 | 4 Italy | 3,861,000 | 2023 | +1.1% | +1.46% | View data |
| 5 | 5 Canada | 3,505,600 | 2023 | +3.24% | +4.44% | View data |
| 6 | 6 Germany | 2,815,300 | 2023 | +2.99% | +3.71% | View data |
| 7 | 7 Malaysia | 2,759,000 | 2023 | +0.46% | -4.35% | View data |
| 8 | 8 France | 2,594,700 | 2023 | +0.19% | +0.76% | View data |
| 9 | 9 Argentina | 1,378,500 | 2023 | -7.49% | +8.05% | View data |
| 10 | 10 Australia | 1,291,500 | 2023 | +6.54% | +0.94% | View data |
