It is expected that the price of boric acid will reach 696 U.S. dollars per metric ton in 2016. Until 2023, the price is expected to increase up to 762 dollars. Boron occurs in some volcanic spring waters and in minerals as borates. It is predicted that due to rapidly increasing demand, a supply gap of borates may occur shortly after 2020.
Medium-term forecast for boric acid prices worldwide in 2015, with forecast figures for 2016 to 2023
(in U.S. dollars per metric ton)
Characteristic
Price in U.S. dollars per metric ton
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Stormcrow. (July 27, 2015). Medium-term forecast for boric acid prices worldwide in 2015, with forecast figures for 2016 to 2023 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/449813/global-prediction-of-medium-term-boric-acid-prices/
Stormcrow. "Medium-term forecast for boric acid prices worldwide in 2015, with forecast figures for 2016 to 2023 (in U.S. dollars per metric ton)." Chart. July 27, 2015. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/449813/global-prediction-of-medium-term-boric-acid-prices/
Stormcrow. (2015). Medium-term forecast for boric acid prices worldwide in 2015, with forecast figures for 2016 to 2023 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/449813/global-prediction-of-medium-term-boric-acid-prices/
Stormcrow. "Medium-term Forecast for Boric Acid Prices Worldwide in 2015, with Forecast Figures for 2016 to 2023 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 27 Jul 2015, https://www.statista.com/statistics/449813/global-prediction-of-medium-term-boric-acid-prices/
Stormcrow, Medium-term forecast for boric acid prices worldwide in 2015, with forecast figures for 2016 to 2023 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/449813/global-prediction-of-medium-term-boric-acid-prices/ (last visited August 24, 2024)
Medium-term forecast for boric acid prices worldwide in 2015, with forecast figures for 2016 to 2023 (in U.S. dollars per metric ton) [Graph], Stormcrow, July 27, 2015. [Online]. Available: https://www.statista.com/statistics/449813/global-prediction-of-medium-term-boric-acid-prices/