EU: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in the EU

In 2020, the EU boron and tellurium market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption showed a notable expansion. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in years to come.

Boron And Tellurium Production in the EU

In value terms, boron and tellurium production expanded markedly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2011 to 2020, production growth failed to regain the momentum.

Production By Country in the EU

Germany (X tons) constituted the country with the largest volume of boron and tellurium production, accounting for X% of total volume. Moreover, boron and tellurium production in Germany exceeded the figures recorded by the second-largest producer, Sweden (X tons), twofold.

In Germany, boron and tellurium production remained relatively stable over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Sweden (+X% per year) and Belgium (+X% per year).

Boron And Tellurium Exports

Exports in the EU

In 2020, shipments abroad of boron and tellurium was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, showed a mild decline. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, boron and tellurium exports contracted dramatically to $X in 2020. Overall, exports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Sweden (X tons) was the major exporter of boron and tellurium, creating X% of total exports. Germany (X tons) took the second position in the ranking, followed by Belgium (X tons). All these countries together occupied near X% share of total exports. The Netherlands (X tons) followed a long way behind the leaders.

Sweden was also the fastest-growing in terms of the boron and tellurium exports, with a CAGR of +X% from 2007 to 2020. Germany (-X%), Belgium (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Sweden increased by +X% percentage points, while the Netherlands (-X p.p.), Belgium (-X p.p.) and Germany (-X p.p.) saw their share reduced.

In value terms, the largest boron and tellurium supplying countries in the European Union were Germany ($X), Sweden ($X) and Belgium ($X), with a combined X% share of total exports.

Sweden saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2020, the boron and tellurium export price in the European Union amounted to $X per ton, waning by -X% against the previous year. In general, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 when the export price increased by X% year-to-year. Over the period under review, export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced mixed trends in the export price figures.

Boron And Tellurium Imports

Imports in the EU

For the fourth consecutive year, the European Union recorded growth in supplies from abroad of boron and tellurium, which increased by X% to X tons in 2020. In general, imports enjoyed a notable increase. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, boron and tellurium imports fell to $X in 2020. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 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

Germany dominates boron and tellurium imports structure, reaching X tons, which was near X% of total imports in 2020. The Czech Republic (X tons) occupied the second position in the ranking, followed by Belgium (X tons). All these countries together held near X% share of total imports. The following importers - Sweden (X tons), Poland (X tons) and the Netherlands (X tons) - together made up X% of total imports.

Imports into Germany increased at an average annual rate of +X% from 2007 to 2020. At the same time, the Czech Republic (+X%), Sweden (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2007-2020. By contrast, Belgium (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of Germany (+X p.p.), the Czech Republic (+X p.p.) and Sweden (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of the Netherlands (-X p.p.) and Belgium (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Germany, 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: Belgium (-X% per year) and the Netherlands (-X% per year).

Import Prices by Country

In 2020, the boron and tellurium import price in the European Union amounted to $X per ton, which is down by -X% against the previous year. Overall, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. Over the period under review, import prices reached the maximum at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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