Boric Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
Boric Acid Price Trend, Index and Forecast
Track the latest insights on boric acid price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Boric Acid Prices Outlook Q1 2025
- USA: US$ 875/MT
- China: US$ 865/MT
- Japan: US$ 1095/MT
- Brazil: US$ 862/MT
- South Africa: US$ 925/MT
Boric Acid Price Chart
Get real-time access to monthly/quaterly/yearly prices, Request Sample
During the first quarter of 2025, the boric acid prices in the USA reached 875 USD/MT in March. The market encountered difficulties due to decreased demand and fluctuating prices. A decline in construction, especially in cement production, resulted in reduced consumption. Disruptions in supply, such as labor strikes and port congestion, worsened logistical challenges and contributed to erratic pricing.
During the first quarter of 2025, the boric acid prices in China reached 865 USD/MT in March. As per the boric acid price chart, prices exhibited mixed trends, starting with declines in January and then recovering. While the demand was significantly fueled by the industrial sector, particularly ceramics and glass, agricultural consumption continued to be seasonal. Besides, logistics and supply chains remained stable nationwide, guaranteeing a consistent availability of products.
During the first quarter of 2025, the boric acid prices in Japan reached 1095 USD/MT in March. The market for boric acid exhibited stable demand in spite of uncertainties affecting the supply chain. The main industries, such as glass, agriculture, and pharmaceuticals, propelled steady consumption, guaranteeing a degree of price stability. Moreover, the country experienced logistical disruptions due to global supply chain challenges.
During the first quarter of 2025, the boric acid prices in Brazil reached 862 USD/MT in March. Prices were influenced due to subdued buyer appetite. Later on, the rising demand in key industries and fluctuations in raw material costs impacted the prices. Moreover, Brazil experienced increased boric acid's applications in agriculture, construction, and industrial manufacturing.
During the first quarter of 2025, the boric acid prices in South Africa reached 925 USD/MT in March. The demand for boric acid in construction and industrial applications, including glass and ceramics production, influenced prices. Besides, fluctuations in the price of raw materials used in boric acid production further impacted the overall price.
Boric Acid Prices Outlook Q4 2024
- Japan: US$ 1124/MT
During the last quarter of 2024, the boric acid prices in Japan reached 1124 USD/MT in December. As per the boric acid price chart, due to weak construction demand, prices decreased. Increasing bankruptcies, economic distress, and cautious investor mood all contributed to a decline in procurement rates. High export activity and steady manufacturing maintained a plentiful supply, which further influenced price reductions. Pressure to hold onto market share was increased for Japanese exporters by international competition.
.webp)
Boric Acid Prices Outlook Q4 2023
- USA: US$ 898/MT
- Germany: US$ 1217/MT
The boric acid prices in the United States for Q4 2023 reached 898 USD/MT in December. The market saw a notable price reduction, primarily due to export challenges stemming from geopolitical conflicts affecting shipping routes. This situation temporarily hampered the U.S. market ability to meet international demand, although domestic production remained steady. As logistical barriers are expected to diminish, the market is poised for a gradual recovery.
The price trend for boric acid in Germany for Q4 2023, reached 1217 USD/MT in December. The market experienced a drop in demand toward the end of 2023, aligning with broader European trends of high inventory levels and decreased raw material costs. The ongoing geopolitical issues slowed down the import activities, particularly from major boron-producing countries. However, prospects for market improvement were anticipated with the potential easing of external pressures.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the boric acid prices.
Global Boric Acid Price Trend
The report offers a holistic view of the global boric acid pricing trends in the form of boric acid price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of boric acid, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed boric acid demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
North America Boric Acid Price Trend
Q1 2025:
As per the boric acid price index, the market showed limited activity, mainly due to persistent weakness in the construction sector, which is a key consumer of the product. Despite a slower rate of decline in construction activity, the sector continued to be sluggish, which restricted boric acid consumption. Besides, Germany, the largest construction market in Europe, continued to face challenges. High inflation, escalating input costs, and elevated interest rates exerted considerable pressure on new projects, leading to a decline in demand for boric acid.
Q4 2024:
In Q4 2024, there were erratic movements in the North America boric acid market, especially in the US. Market circumstances were significantly impacted by a decline in the building sector, particularly in the production of cement. Price instability resulted from disruptions in the supply chain, such as worker strikes, weather-related delays, and port congestion. Seasonal slowdowns in construction toward the end of the year significantly reduced demand. Purchasing trends were impacted by economic uncertainty, which made inventory management difficult.
Q4 2023:
During the final months of 2023, the market in North America experienced significant price volatility. Initially, prices dropped due to logistical challenges affecting exports, particularly disruptions caused by geopolitical tensions in the Red Sea region. The United States, a key global supplier of Borax, faced obstacles in shipping routes due to conflicts involving Iranian-backed groups, impacting the export flow to major Asian markets. Besides these disruptions, some recovery in prices of boric acid was observed toward the end of the year as domestic mining operations continued unaffected, promising a resumption of normal export activities once logistical issues were resolved.
Specific boric acid historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Europe Boric Acid Price Trend
Q1 2025:
As per the boric acid price index, the market showed limited activity, mainly due to persistent weakness in the construction sector, which is a key consumer of the product. Despite a slower rate of decline in construction activity, the sector continued to be sluggish, which restricted boric acid consumption. Besides, Germany, the largest construction market in Europe, continued to face challenges. High inflation, escalating input costs, and elevated interest rates exerted considerable pressure on new projects, leading to a decline in demand for boric acid.
Q4 2024:
As seen in the boric acid price index, the European boric acid market showed muted activity, especially in Germany, which was consistent with developments in related building materials. Demand was stifled by a decline in cement production and infrastructure projects, which kept prices steady or even slightly lower. Port problems had little effect, and a plentiful supply guaranteed consistent availability. In an environment of low demand, market participants had difficulties controlling stocks and maximizing prices.
Q4 2023:
The European market witnessed a downturn in prices during the last quarter of 2023, primarily due to diminished demand and high inventory levels maintained by domestic entities. The decline was further supported by a reduction in raw material costs, with steady mining processes and decreased consumption contributing to lower import rates from leading suppliers like the United States and Turkey. The crisis in the Red Sea also prompted Turkey to adjust its export strategies, impacting supply dynamics. Despite these challenges, the easing of geopolitical tensions could potentially lead to a stabilization in prices in the future.
This analysis can be extended to include detailed boric acid price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
Middle East and Africa Boric Acid Price Trend
Q1 2025:
As per the boric acid price chart, the Middle East and Africa boric acid market experienced gradual growth, driven by applications in various industries and rising industrialization. Moreover, increased product adoption in the construction industry, particularly in Saudi Arabia, further boosted the demand for boric acid in building materials and insulation.
In addition to region-wise data, information on boric acid prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Boric Acid Price Trend
Q1 2025:
Prices in the APAC market fluctuated and rose overall after a decline in January. In January, India, an important regional player, saw a slight decline due to temporary market fluctuations and aggressive pricing. Nevertheless, a robust recovery ensued as demand from the glass, pharmaceutical, ceramics, and agricultural sectors, particularly in industry and agriculture, began to rise. Moreover, by February, the market recovered, with prices rising due to robust demand during the Rabi season. March kept the upward trend going, due to heightened procurement activity and a favorable sentiment throughout the region.
Q4 2024:
In Q4 2024, the Asia-Pacific boric acid market declined, with Japan witnessing a significant decline in price. Pricing was under pressure to decline due to a downturn in the building sector and macroeconomic uncertainties. Procurement rates were affected by a weakening real estate industry, investor hesitancy, and increased operating expenses, even though supply levels stayed constant. Pricing methods were impacted by global competition, particularly in Japan, which struggled to maintain exports. India, on the other hand, saw little swings due to steady supply chains and modest demand
Q4 2023:
In the Asia Pacific, the market presented a varied price trajectory in the 2023 closing quarter. October saw a decline in prices driven by high demand from sectors such as agriculture, pharmaceuticals, and construction, particularly in India where festive activities spurred increased consumption and spending. However, a general downtrend in chemical prices took hold by December, influenced by reduced global demand and a drop in raw material costs from Turkey, a major supplier. The easing of Boron prices, combined with seasonal consumption patterns, led to lower boric acid prices, although expectations were set for an increase in demand across several industries in the following quarter.
This boric acid price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Boric Acid Price Trend
Q1 2025:
As per the boric acid price index, prices likely experienced a mix of stability and fluctuations, influenced by demand from various sectors, including agriculture, construction, and manufacturing. Market growth in key industries, particularly in the construction and industrial sectors, contributed to consistent demand, which influenced prices despite some variations.
Q4 2023:
Latin America's boric acid market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in boric acid prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the boric acid price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing boric acid pricing trends in this region.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Boric Acid Price Trend, Market Analysis, and News
IMARC's latest publication,“Boric Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of boric acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of boric acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of boric acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing boric acid price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Boric Acid Industry Analysis
The global boric acid industry size reached 998.5 Thousand Tons in 2024. By 2033, IMARC Group expects the market to reach 1,562.3 Thousand Tons, at a projected CAGR of 4.85% during 2025-2033.
- The glass and ceramics industry is a major consumer of boric acid, hence the growing product demand impels the market. Boric acid plays a crucial role in manufacturing borosilicate glass used in tea glasses, food preparation, and laboratory usage due to its heat resistant properties, and applications in changing the texture of ceramic glazes commonly used in home appliances as well as industries.
- In agricultural production, the usage of boric acid is increasing as a micro ingredient in fertilizers. It assists in increasing crop yield and quality through supplementing boron that is a significant nutrient to the various crops such as fruits, vegetables, and nuts. This application is driving the market demand for boric acid, highlighting its importance in modern agricultural practices.
- The introduction of new pest control products featuring boric acid-based solutions is impelling the market demand. Boric acid is valued as an effective insecticide against ants, cockroaches, and termites. As concerns over the environmental and health risks associated with traditional insecticides grow, there is a shifting preference towards biodegradable pest control chemicals, with boric acid being a popular choice due to its efficacy and lower toxicity.
- Industrial application of boric acid is spreading, mainly in metallurgy and fiberglass manufacture. Used as a flux to aid metal melting and as a strengthening additive in fiberglass-reinforced plastics, boric acid enhances efficiency and product durability, bolstering its demand across these sectors.
- Stringent environmental regulations across the globe are affecting the boric acid market. These laws are promoting sustainable mining and the use of green products, favoring innovation in the production of boric acid, hence augmenting its usage among various end-use industries.
- Continual technological advancements in the mining and production of boric acid allow more efficient, cost-effective processes. Such innovations allow for greater sustainability around the world to accommodate a growing demand while lowering the environmental footprint and cost of production.
- Utilized particularly in the preservation of grains and fruits, boric acid helps extend the shelf life of these foods by inhibiting fungal growth. This preservation method ensures minimal wastage and maintains the quality of stored and transported foods, thus supporting the demand for boric acid in food safety and storage industries.
- The development of innovative fire-retardant products is driving the market for boric acid positively. Boric acid is increasingly used in the formulation of these products, which are essential in construction materials, textiles, and furniture to meet regional fire safety codes. This application of boric acid enhances fire resistance and safety, fulfilling crucial regulatory requirements and supporting market growth.
Boric Acid News
The report covers the latest developments, updates, and trends impacting the global boric acid industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in boric acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the boric acid price trend.
Latest developments in the boric acid industry:
- On 13th March 2023, Borax unveiled Optibor BQ, a highly pure, powder-grade orthoboric acid (H3BO3), specifically designed for batteries and capacitors, featuring a fine particle size distribution for precision in modern battery applications.
- On 26th October 2023, 5E advanced materials announced the launch of a small-scale boric acid plant. The company announced that the unit will have capacity for 2,000 short tons per year, scalable to 9,000 tons per year in 2024.
Product Description
Boric acid (H₃BO₃) is a weak monobasic Lewis acid based on boron. This diverse chemical is used in several functions as a result of its disinfectant, repellent, fireproofing, and preservation qualities. In medicine, Boro glycerol is widely used in ointments for the treatment of infected wounds and burns, and in the form of suppositories for treating mycoses of the genital area and prevention of athlete’s foot. It is used in insecticidal products targeting ants, cockroaches, as well as termites mainly due to its insect killing capability.
Another use of boron compounds in glass, ceramics and the enamel industries are that it is used in the reduction of melting temperature of silicates. Further, it is used in flame products that are involved with textile products, and in wood protecting against fungus growth and insects. It is found in the form of powder or granules, or liquid solution, depending on its application.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Boric Acid |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Boric Acid Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of boric acid pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting boric acid price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The boric acid price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Inquire Before Buying
Speak to an Analyst
Request Brochure
Request Customization
Benefits of Customization
- Personalize this research
- Triangulate with your data
- Get data as per your format and definition
- Gain a deeper dive into a specific application, geography, customer, or competitor
- Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
.webp)
.webp){kind=logo}
Why Choose Us
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 850 commodities and a vast global presence in over 100 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
850
+Commodities
100
+Countries Covered
500
+Clients
20
+Industry
Robust Methodologies & Extensive Resources
IMARC delivers precise commodity pricing insights using proven methodologies and a wealth of data to support strategic decision-making.
Subscription-Based Databases
Our extensive databases provide detailed commodity pricing, import-export trade statistics, and shipment-level tracking for comprehensive market analysis.
Primary Research-Driven Insights
Through direct supplier surveys and expert interviews, we gather real-time market data to enhance pricing accuracy and trend forecasting.
Extensive Secondary Research
We analyze industry reports, trade publications, and market studies to offer tailored intelligence and actionable commodity market insights.
Trusted by 500+ industry leaders worldwide to drive data-backed decisions. From global manufacturers to government agencies, our clients rely on us for accurate pricing, deep market intelligence, and forward-looking insights.