Spain: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Spain

In 2020, the Spanish boron and tellurium market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, enjoyed a significant increase. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. Boron and tellurium consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Boron And Tellurium Production in Spain

In value terms, boron and tellurium production expanded remarkably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Boron and tellurium production peaked at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

Boron And Tellurium Exports

Exports from Spain

In 2020, overseas shipments of boron and tellurium increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, boron and tellurium exports declined significantly to $X in 2020. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons) was the main destination for boron and tellurium exports from Spain, accounting for a X% share of total exports. Moreover, boron and tellurium exports to Colombia exceeded the volume sent to the second major destination, Portugal (X kg), fourfold.

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

In value terms, the largest markets for boron and tellurium exported from Spain were Portugal ($X) and Colombia ($X recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average boron and tellurium export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Portugal ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Portugal.

Boron And Tellurium Imports

Imports into Spain

In 2020, boron and tellurium imports into Spain dropped rapidly to X kg, falling by -X% compared with the previous year. In general, imports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X kg. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, boron and tellurium imports reduced dramatically to $X in 2020. Overall, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, France (X kg) constituted the largest supplier of boron and tellurium to Spain, with a X% share of total imports. Moreover, boron and tellurium imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), ninefold.

From 2007 to 2020, the average annual growth rate of volume from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and China (X% per year).

In value terms, France ($X) constituted the largest supplier of boron and tellurium to Spain, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and China (X% per year).

Import Prices by Country

The average boron and tellurium import price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price showed a deep downturn. The growth pace was the most rapid in 2014 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per ton), while the price for France ($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 prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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