Portugal: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Portugal

In 2020, the Portuguese boron and tellurium market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a noticeable increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Boron And Tellurium Production in Portugal

In value terms, boron and tellurium production shrank modestly to $X in 2020 estimated in export prices. In general, the total production indicated tangible growth from 2007 to 2020: its value decreased 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 2014 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X, leveling off in the following year.

Boron And Tellurium Exports

Exports from Portugal

In 2020, shipments abroad of boron and tellurium increased by X% to X kg, rising for the fourth consecutive year after three years of decline. Overall, exports, however, continue to indicate a sharp contraction. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X kg in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, boron and tellurium exports skyrocketed to $X in 2020. In general, exports, however, showed a perceptible descent. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for boron and tellurium exports from Portugal, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Netherlands totaled -X%.

In value terms, the Netherlands ($X) also remains the key foreign market for boron and tellurium exports from Portugal.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands stood at -X%.

Export Prices by Country

The average boron and tellurium export price stood at $X per ton in 2020, rising by X% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum in 2020 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2007 to 2020, the rate of growth in terms of prices for the Netherlands amounted to +X% per year.

Boron And Tellurium Imports

Imports into Portugal

In 2020, after seven years of decline, there was significant growth in overseas purchases of boron and tellurium, when their volume increased by X% to X kg. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports reached the maximum at X kg in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, boron and tellurium imports declined to $X in 2020. Over the period under review, imports, however, saw a deep contraction. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Spain (X kg) constituted the largest supplier of boron and tellurium to Portugal, accounting for a X% share of total imports. Moreover, boron and tellurium imports from Spain exceeded the figures recorded by the second-largest supplier, France (X kg), threefold. Germany (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Germany (+X% per year).

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest boron and tellurium suppliers to Portugal, together comprising X% of total imports.

France (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average boron and tellurium import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2019, and then shrank sharply in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy (+X% per year), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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