U.S.: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in the U.S.

In 2020, the U.S. 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 saw a perceptible slump. The most prominent rate of growth was recorded in 2017 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 stood at a somewhat lower figure.

Boron And Tellurium Production in the U.S.

In value terms, boron and tellurium production contracted to $X in 2020. In general, the total production indicated a modest expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Boron And Tellurium Exports

Exports from the U.S.

After three years of decline, shipments abroad of boron and tellurium increased by X% to X tons in 2020. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked at X tons in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, boron and tellurium exports surged to $X in 2020. In general, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X tons), Israel (X tons) and Hong Kong SAR (X tons) were the main destinations of boron and tellurium exports from the U.S., with a combined X% share of total exports. Australia, China, Finland and France lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Finland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the key foreign market for boron and tellurium exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Israel totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

The average boron and tellurium export price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price, however, posted a slight expansion. The growth pace was the most rapid in 2010 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 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Israel ($X per ton), while the average price for exports to Australia ($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 Israel, while the prices for the other major destinations experienced a decline.

Boron And Tellurium Imports

Imports into the U.S.

In 2020, overseas purchases of boron and tellurium decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, boron and tellurium imports dropped markedly to $X in 2020. In general, imports saw a deep reduction. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), the Philippines (X tons) and China (X tons) were the main suppliers of boron and tellurium imports to the U.S., with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, Australia ($X), Canada ($X) and Germany ($X) were the largest boron and tellurium suppliers to the U.S., with a combined X% share of total imports.

Among the main suppliers, Australia (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average boron and tellurium import price stood at $X per ton in 2020, increasing by X% against the previous year. In general, the import price showed noticeable growth. The growth pace was the most rapid in 2010 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2011 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per ton), while the price for Japan ($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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