Africa: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Africa

The African boron and tellurium market surged to $X in 2020, jumping by X% against the previous year. Over the period under review, consumption enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Boron And Tellurium Production in Africa

In value terms, boron and tellurium production reduced to $X in 2020 estimated in export prices. Over the period under review, production recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2014 to 2020, production growth failed to regain the momentum.

Production By Country in Africa

Ghana (X tons) remains the largest boron and tellurium producing country in Africa, accounting for X% of total volume. Moreover, boron and tellurium production in Ghana exceeded the figures recorded by the second-largest producer, Swaziland (X kg), fourfold. The third position in this ranking was occupied by Zambia (X kg), with a X% share.

In Ghana, boron and tellurium production expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Swaziland (+X% per year) and Zambia (+X% per year).

Boron And Tellurium Exports

Exports in Africa

In 2020, overseas shipments of boron and tellurium decreased by -X% to X kg, falling for the third year in a row after two years of growth. Over the period under review, exports showed a dramatic contraction. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, boron and tellurium exports reduced markedly to $X in 2020. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, South Africa (X kg) was the major exporter of boron and tellurium in Africa, comprising X% of total export.

South Africa was also the fastest-growing in terms of the boron and tellurium exports, with a CAGR of -X% from 2007 to 2020. From 2007 to 2020, the share of South Africa increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest boron and tellurium supplier in Africa.

In South Africa, boron and tellurium exports decreased by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the boron and tellurium export price in Africa amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded prominent growth. The growth pace was the most rapid in 2009 when the export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2010 to 2020, the growth in terms of the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2007 to 2020, the rate of growth in terms of prices for South Africa amounted to -X% per year.

Boron And Tellurium Imports

Imports in Africa

In 2020, imports of boron and tellurium in Africa soared to X tons, jumping by X% against the previous year's figure. In general, imports saw a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in years to come.

In value terms, boron and tellurium imports surged to $X in 2020. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

Morocco dominates boron and tellurium imports structure, finishing at X tons, which was approx. X% of total imports in 2020. It was distantly followed by South Africa (X tons), making up an X% share of total imports. Nigeria (X tons) and Ghana (X tons) took a little share of total imports.

Imports into Morocco increased at an average annual rate of +X% from 2007 to 2020. At the same time, Ghana (+X%), South Africa (+X%) and Nigeria (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2007-2020. Morocco (+X p.p.), South Africa (+X p.p.), Nigeria (+X p.p.) and Ghana (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Morocco ($X) constitutes the largest market for imported boron and tellurium in Africa, comprising X% of total imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.

In Morocco, boron and tellurium imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: South Africa (+X% per year) and Nigeria (+X% per year).

Import Prices by Country

In 2020, the boron and tellurium import price in Africa amounted to $X per ton, reducing by -X% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Nigeria ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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