Latin America and the Caribbean: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Latin America and the Caribbean

The Latin American boron and tellurium market shrank modestly to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption, however, continues to indicate a mild slump. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Boron And Tellurium Production in Latin America and the Caribbean

In value terms, boron and tellurium production amounted to $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Production By Country in Latin America and the Caribbean

Peru (X tons) remains the largest boron and tellurium producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, boron and tellurium production in Peru exceeded the figures recorded by the second-largest producer, Ecuador (X tons), threefold.

In Peru, boron and tellurium production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Ecuador (+X% per year) and Mexico (+X% per year).

Boron And Tellurium Exports

Exports in Latin America and the Caribbean

Boron and tellurium exports surged to X tons in 2020, picking up by X% compared with the previous year's figure. In general, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, boron and tellurium exports reduced to $X in 2020. Overall, exports, however, continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports remained at a lower figure.

Exports by Country

Mexico prevails in boron and tellurium exports structure, finishing at X tons, which was near X% of total exports in 2020. It was distantly followed by Peru (X kg), achieving a X% share of total exports. The following exporters - Brazil (X kg) and Argentina (X kg) - each amounted to a X% share of total exports.

Mexico was also the fastest-growing in terms of the boron and tellurium exports, with a CAGR of +X% from 2007 to 2020. At the same time, Argentina (+X%) displayed positive paces of growth. By contrast, Brazil (-X%) and Peru (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Brazil (-X p.p.) and Peru (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest boron and tellurium supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Peru ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Mexico stood at -X%. In the other countries, the average annual rates were as follows: Peru (-X% per year) and Brazil (-X% per year).

Export Prices by Country

The boron and tellurium export price in Latin America and the Caribbean stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, export prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

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

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

Boron And Tellurium Imports

Imports in Latin America and the Caribbean

In 2020, purchases abroad of boron and tellurium decreased by -X% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. from 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, boron and tellurium imports contracted rapidly to $X in 2020. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2012 to 2020, the growth imports remained at a lower figure.

Imports by Country

Costa Rica was the major importer of boron and tellurium in Latin America and the Caribbean, with the volume of imports resulting at X tons, which was near X% of total imports in 2020. It was distantly followed by Brazil (X tons), Mexico (X tons) and Nicaragua (X tons), together making up a X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Costa Rica, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest boron and tellurium importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Costa Rica ($X), with a combined X% share of total imports. These countries were followed by Nicaragua, which accounted for a further X terms of the main importing countries, Nicaragua recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The boron and tellurium import price in Latin America and the Caribbean stood at $X per ton in 2020, waning by -X% against the previous year. In general, 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 2010; however, from 2011 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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