Canada: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Canada

After two years of growth, the Canadian boron and tellurium market decreased by -X% to $X in 2020. In general, consumption showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the market value increased by X% year-to-year. Boron and tellurium consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Boron And Tellurium Production in Canada

In value terms, boron and tellurium production contracted to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Boron And Tellurium Exports

Exports from Canada

Boron and tellurium exports from Canada skyrocketed to X tons in 2020, jumping by X% on the year before. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are likely to see steady growth in the near future.

In value terms, boron and tellurium exports stood at $X in 2020. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons), Malaysia (X tons) and the U.S. (X tons) were the main destinations of boron and tellurium exports from Canada, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Germany ($X) and Japan ($X) constituted the largest markets for boron and tellurium exported from Canada worldwide, with a combined X% share of total exports.

Among the main countries of destination, Malaysia (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average boron and tellurium export price amounted to $X per ton, declining by -X% against the previous year. In general, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Boron And Tellurium Imports

Imports into Canada

In 2020, after three years of growth, there was significant decline in supplies from abroad of boron and tellurium, when their volume decreased by -X% to X tons. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, boron and tellurium imports reduced markedly to $X in 2020. In general, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Lao People's Democratic Republic (X tons) constituted the largest boron and tellurium supplier to Canada, accounting for a X% share of total imports. Moreover, boron and tellurium imports from Lao People's Democratic Republic exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was occupied by South Korea (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Lao People's Democratic Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and South Korea (+X% per year).

In value terms, China ($X) constituted the largest supplier of boron and tellurium to Canada, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Lao People's Democratic Republic, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Lao People's Democratic Republic (+X% per year).

Import Prices by Country

The average boron and tellurium import price stood at $X per ton in 2020, dropping by -X% against the previous year. Over the period under review, the import price, however, showed resilient growth. The growth pace was the most rapid in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per ton), while the price for Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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