Boric acid costs a lot because it’s not easy to find in nature and extracting it takes a lot of energy and resources.
APAC Boric Acid Prices Movement Q4:
Boric Acid Prices in Japan:
Product | Category | Price |
Boric Acid | Specialty Chemical | 1124 USD/MT |
In the latest update on Boric Acid Prices for Q4 2024, Japan’s market has seen a significant drop, with prices reaching around $1,124 per metric ton by December. This trend is mostly due to a slowdown in construction projects, leading to reduced demand for materials. Economic uncertainties and cautious consumer behaviour are also contributing factors. As more companies filed for bankruptcy and investment activities slowed down, buyers cut back on their bulk purchases, pushing prices down even further.
Although manufacturing outputs remained stable and export volumes were strong, increased global competition continued to put pressure on prices. The Boric Acid Price Forecast reflects these challenges, showing how suppliers are struggling to stay profitable.
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Note: Personalized reports to meet your exact specifications.
Regional Analysis: The price analysis can be extended to provide detailed boric acid price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hong Kong, Singapore, Australia, and New Zealand, among other Asian countries.
Why is Boric Acid so Expensive?
Boric acid costs a lot because it’s not easy to find in nature and extracting it takes a lot of energy and resources. Many industries, such as agriculture, manufacturing, and pharmaceuticals, need it, which boosts demand, particularly for high-quality kinds. Prices can go up and down due to geopolitical issues, shipping costs, and economic instability where it’s made. As its use increases in areas like fire retardants, pesticides, and electronics, boric acid remains crucial but pricey.
Key Coverage:
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Boric Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Boric Acid price trend, offering key insights into global Boric Acid market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Boric Acid demand, illustrating how consumer behaviours and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis and regional insights covering Asia-Pacific, Europe, North America, Latin America, the Middle East, and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and researching market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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