In 2023, China led the global export of peroxoborates with a significant volume of 3.3097 million kilograms, experiencing a slight decline of 2.93% compared to the previous year. The United States and India followed, with the US seeing a modest increase of 1.84% and India showing a robust growth of 4.21%. Spain and the Netherlands both experienced declines in their export volumes, while South Korea and Thailand recorded slight increases. Most notably, South Africa and Canada saw considerable decreases in their export volumes, at 14.93% and 24.7%, respectively.
Future trends to watch include:
- The potential recovery or further decline in China’s exports given its substantial market share.
- India's continued growth trajectory, potentially increasing its market position.
- Impact of regulatory changes and market dynamics on South Africa and Canada's declining export volumes.
- Technological and environmental factors influencing the global demand for peroxoborates.
Top countries in Export of Peroxoborates (Perborates) of Metals by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,309,700 | 2023 | -5.64% | -2.93% | View data |
| 2 | 2 United States | 411,700 | 2023 | +1.87% | +1.84% | View data |
| 3 | 3 India | 118,070 | 2023 | +2.3% | +4.21% | View data |
| 4 | 4 Spain | 106,690 | 2023 | +4.19% | -1.04% | View data |
| 5 | 5 Netherlands | 101,130 | 2023 | -7.76% | -3.41% | View data |
| 6 | 6 South Korea | 50,240 | 2023 | +3.09% | +2.86% | View data |
| 7 | 7 Thailand | 9,370 | 2023 | +6.74% | +1.5% | View data |
| 8 | 8 South Africa | 3,910 | 2023 | -18.61% | -14.93% | View data |
| 9 | 9 Canada | 2,620 | 2023 | -16.91% | -24.7% | View data |
