All ProductsNatural borates and concentrates thereof (whether calcined), but not including borates separated from natural brine; natural boric acid containing not less than 85% of H3Bo3, calculated on the dry weight

Natural borates and concentrates thereof (whether calcined), but not including borates separated from natural brine; natural boric acid containing not less than 85% of H3Bo3, calculated on the dry weight

HS-Code 2528
Country:
Top Exporter· 2024
TurkeyTurkey
Top Importer· 2024
ChinaChina
Top Producer· 2024
N/A
Export Value· 2024
$0.43B
Import Value· 2024
$0.48B
Production Volume· 2024
N/A

Supply Chain Analysis

52 entities · 2024 · exports

Source Countries

52

Trade Value

$0.43BUSD

Total Quantity

1256.67MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak
Turkey

Turkey

689,225,000 Kg 2 shipments $0.36/unit

$0.25B

57.33% share

35.56%
Bolivia

Bolivia

375,887,000 Kg 1 shipments $0.26/unit

$0.10B

23.1% share

40.91%
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Argentina

Argentina

82,816,600 Kg 1 shipments $0.33/unit

$0.03B

6.34% share

54.29%
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Market Concentration
Concentrated
Top 5 players92.19%
Top 10 players97.68%

Few dominant players — high dependency risk.

Share Split

Top 5 — 92.19%
Others — 7.8%

Top Exporting Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
TurkeyTurkey
57.33%$0.25B+28.88%+18.35%📈 Accelerating
2
BoliviaBolivia
23.10%$0.10B+18.17%+37.13%🐢 Slowing
3
ArgentinaArgentina
6.34%$0.03B-8.59%+23.82%⚠ Momentum Lost
4
AustriaAustria
3.20%$0.01B-8.17%-11.03%📉 Sustained Drop
5
ChileChile
2.22%$0.01B+0.55%+23.21%🐢 Slowing

Top Importing Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
ChinaChina
32.80%$0.16B+22.80%+18.68%📈 Accelerating
2
BrazilBrazil
21.76%$0.10B+15.74%+47.39%🐢 Slowing
3
IndiaIndia
11.59%$0.06B+35.09%+29.97%📈 Accelerating
4
United StatesUnited States
5.53%$0.03B+35.52%-1.21%🔄 Recovering
5
IndonesiaIndonesia
2.68%$0.01B-10.58%+7.36%⚠ Momentum Lost

Value vs YoY Growth

Bubble size = market share · Right + Up = high value, high growth

Suppliers
Buyers

Demand Market Analysis

92 entities · 2024 · imports

Buyer Countries

92

Trade Value

$0.48BUSD

Total Quantity

1087.22MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak

China

347,185,000 Kg 1 shipments $0.45/unit

$0.16B

32.8% share

18626.37%

Brazil

327,964,000 Kg 1 shipments $0.32/unit

$0.10B

21.76% share

429629.47%
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India

132,106,000 Kg 1 shipments $0.42/unit

$0.06B

11.59% share

34398.66%
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Market Concentration
Concentrated
Top 5 players74.35%
Top 10 players83.33%

Few dominant players — high dependency risk.

Share Split

Top 5 — 74.35%
Others — 25.7%

Global Trade Map

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Color = Export + Import
Higher trade = darker

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