World boron reserves by major countries 2019

As of 2019, Turkey had the largest reserves of boron globally. Turkey has an estimated 1.1 billion metric tons of boron in reserves. The United States and Russia shared the second highest boron reserves with just 40 million metric tons. Boron is a naturally abundant mineral with many uses from health to sciences.

Boron Overview

Boron is a chemical compound that can be used as a rocket fuel ignitor, in medicines, food, household chemicals, manufacturing, and in the regulation of nuclear reactors. Boron is not toxic to humans and is necessary for the cellular structure of plants. When used in large concentrations, boron compounds function as herbicides, algaecides and other pesticides. The leading producers of boron worldwide include Turkey, Chile, and Kazakhstan.

Agricultural Nutrient Industry

The agricultural nutrient industry is an important part of the creation of fertilizers, and ultimately agricultural success. The market volume of agricultural micronutrients globally has been increasing, and this trend is expected to continue in the coming years. The value of agricultural micronutrients is expected to reach almost nine billion U.S. dollars by 2022. Boron accounts for a significant percentage of the market share of agricultural nutrients.

World boron reserves as of 2019, by major countries

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Source

Release date

February 2020

Region

Worldwide

Survey time period

2019

Supplementary notes

All figures are estimates.

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