Peru: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Peru

In 2020, the Peruvian boron and tellurium market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Boron and tellurium consumption peaked in 2020 and is likely to see gradual growth in years to come.

Boron And Tellurium Production in Peru

In value terms, boron and tellurium production stood at $X in 2020 estimated in export prices. In general, the total production indicated a slight increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2014 to 2020, production growth failed to regain the momentum.

Boron And Tellurium Exports

Exports from Peru

In 2020, overseas shipments of boron and tellurium increased by X% to X kg, rising for the third consecutive year after five years of decline. In general, exports, however, recorded a precipitous contraction. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tons in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, boron and tellurium exports totaled $X in 2020. Over the period under review, exports, however, continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Brazil (X kg) was the main destination for boron and tellurium exports from Peru, with a X% share of total exports. Moreover, boron and tellurium exports to Brazil exceeded the volume sent to the second major destination, Belgium (X kg), twofold. Japan (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Brazil totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Japan (-X% per year).

In value terms, Brazil ($X) remains the key foreign market for boron and tellurium exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Brazil totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Japan (-X% per year).

Export Prices by Country

In 2020, the average boron and tellurium export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per ton), while the average price for exports to the Netherlands ($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 Brazil, while the prices for the other major destinations experienced mixed trend patterns.

Boron And Tellurium Imports

Imports into Peru

In 2020, supplies from abroad of boron and tellurium increased by X% to X kg, rising for the third consecutive year after five years of decline. Over the period under review, imports enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at X kg in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, boron and tellurium imports skyrocketed to $X in 2020. In general, imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X kg) constituted the largest supplier of boron and tellurium to Peru, accounting for a X% share of total imports. Moreover, boron and tellurium imports from the U.S. exceeded the figures recorded by the second-largest supplier, Brazil (X kg), twofold.

From 2007 to 2020, the average annual growth rate of volume from the U.S. stood at +X%.

In value terms, the U.S. ($X) and Brazil ($X) appeared to be the largest boron and tellurium suppliers to Peru.

The U.S. recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average boron and tellurium import price stood at $X per ton in 2020, reducing by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per ton), while the price for the U.S. totaled $X per ton.

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

Source: IndexBox Platform

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