Turkey: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Turkey

After three years of growth, the Turkish boron and tellurium market decreased by -X% to $X in 2020. Overall, consumption saw a mild reduction. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Boron And Tellurium Production in Turkey

In value terms, boron and tellurium production dropped to $X in 2020 estimated in export prices. Over the period under review, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2019, and then fell in the following year.

Boron And Tellurium Exports

Exports from Turkey

In 2020, overseas shipments of boron and tellurium were finally on the rise to reach X tons after three years of decline. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of X tons. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, boron and tellurium exports contracted to $X in 2020. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

Cyprus (X kg), Qatar (X kg) and Angola (X kg) were the main destinations of boron and tellurium exports from Turkey, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Qatar (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Taiwan (Chinese) ($X) and Germany ($X) appeared to be the largest markets for boron and tellurium exported from Turkey worldwide, together comprising X% of total exports.

Among the main countries of destination, Taiwan (Chinese) (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average boron and tellurium export price stood at $X per ton in 2020, dropping by -X% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

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

Boron And Tellurium Imports

Imports into Turkey

In 2020, boron and tellurium imports into Turkey declined to X kg, which is down by -X% against 2019 figures. Over the period under review, imports, however, posted a measured increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X kg in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, boron and tellurium imports reduced to $X in 2020. Overall, imports, however, showed a slight setback. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2011 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Japan (X kg) constituted the largest supplier of boron and tellurium to Turkey, with a X% share of total imports. Moreover, boron and tellurium imports from Japan exceeded the figures recorded by the second-largest supplier, Canada (X kg), more than tenfold. The third position in this ranking was occupied by China (X kg), with a X% share.

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

In value terms, Japan ($X) constituted the largest supplier of boron and tellurium to Turkey, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

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

Import Prices by Country

In 2020, the average boron and tellurium import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2015 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

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