United Kingdom: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in the UK

The UK boron and tellurium market soared to $X in 2020, rising by X% against the previous year. Overall, consumption enjoyed strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the near future.

Boron And Tellurium Production in the UK

In value terms, boron and tellurium production declined significantly to $X in 2020 estimated in export prices. In general, production faced a significant decrease. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. As a result, production attained the peak level of $X. from 2010 to 2020, production growth failed to regain the momentum.

Boron And Tellurium Exports

Exports from the UK

In 2020, the amount of boron and tellurium exported from the UK contracted notably to X tons, with a decrease of -X% on the previous year. Overall, exports recorded a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tons in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, boron and tellurium exports dropped dramatically to $X in 2020. Over the period under review, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2010 to 2020, the growth exports failed to regain the momentum.

Exports by Country

China (X kg), Germany (X kg) and France (X kg) were the main destinations of boron and tellurium exports from the UK, with a combined X% share of total exports. These countries were followed by Poland, Austria and Italy, which together accounted for a further X 2007 to 2020, the biggest increases were in Austria, while shipments for the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

In 2020, the average boron and tellurium export price amounted to $X per ton, waning by -X% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% y-o-y. 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 failed to regain the momentum.

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

Boron And Tellurium Imports

Imports into the UK

In 2020, the amount of boron and tellurium imported into the UK surged to X tons, picking up by X% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, boron and tellurium imports surged to $X in 2020. In general, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Spain (X tons) was the main boron and tellurium supplier to the UK, accounting for a X% share of total imports. Moreover, boron and tellurium imports from Spain exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), more than tenfold.

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

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

From 2007 to 2020, the average annual growth rate of value from the U.S. totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Austria (-X% per year).

Import Prices by Country

The average boron and tellurium import price stood at $X per ton in 2020, leveling off at the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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