Middle East: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in the Middle East

The Middle Eastern boron and tellurium market reached $X in 2020, with an increase of X% against the previous year. Overall, consumption recorded strong growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Boron And Tellurium Production in the Middle East

In value terms, boron and tellurium production stood at $X in 2020 estimated in export prices. In general, production saw a prominent expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country in the Middle East

Lebanon (X tons) remains the largest boron and tellurium producing country in the Middle East, comprising approx. X% of total volume. Moreover, boron and tellurium production in Lebanon exceeded the figures recorded by the second-largest producer, Turkey (X tons), sixfold.

In Lebanon, 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: Turkey (+X% per year) and Saudi Arabia (+X% per year).

Boron And Tellurium Exports

Exports in the Middle East

In 2020, the amount of boron and tellurium exported in the Middle East expanded markedly to X tons, increasing by X% on the previous year. In general, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, boron and tellurium exports dropped to $X in 2020. Over the period under review, exports, however, posted prominent growth. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Turkey dominates boron and tellurium exports structure, accounting for X tons, which was approx. X% of total exports in 2020. Israel (X kg) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the boron and tellurium exports, with a CAGR of +X% from 2007 to 2020. Israel (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.) and Israel (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest boron and tellurium supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in Turkey totaled +X%.

Export Prices by Country

The boron and tellurium export price in the Middle East stood at $X per ton in 2020, declining by -X% against the previous year. In general, the export price, however, continues to indicate significant growth. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2019, and then shrank significantly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Turkey ($X per ton), while Israel amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey.

Boron And Tellurium Imports

Imports in the Middle East

For the third year in a row, the Middle East recorded decline in supplies from abroad of boron and tellurium, which decreased by -X% to X tons in 2020. Overall, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. The volume of import peaked at X tons in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, boron and tellurium imports soared to $X in 2020. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Israel (X tons) represented the key importer of boron and tellurium, committing X% of total imports. Syrian Arab Republic (X kg) took a X% share (based on tons) of total imports, which put it in second place, followed by Jordan (X%). The following importers - Qatar (X kg), Oman (X kg), Turkey (X kg) and the United Arab Emirates (X kg) - together made up X% of total imports.

Israel experienced a relatively flat trend pattern with regard to volume of imports of boron and tellurium. At the same time, Jordan (+X%), the United Arab Emirates (+X%), Syrian Arab Republic (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. Qatar experienced a relatively flat trend pattern. By contrast, Oman (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Israel, Syrian Arab Republic, Jordan, Qatar and the United Arab Emirates increased by +X%, +X%, +X%, +X% and +X% percentage points, while Oman (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Israel, boron and tellurium imports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Jordan (+X% per year) and Turkey (-X% per year).

Import Prices by Country

The boron and tellurium import price in the Middle East stood at $X per ton in 2020, growing by X% against the previous year. Overall, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2020 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform

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