China: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in China

The Chinese boron and tellurium market fell dramatically to $X in 2019, which is down by -X% against the previous year. Over the period under review, consumption faced a sharp setback. Boron and tellurium consumption peaked at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Boron And Tellurium Production in China

In value terms, boron and tellurium production totaled $X in 2020 estimated in export prices. Overall, production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Boron and tellurium production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Boron And Tellurium Exports

Exports from China

In 2020, approx. X tons of boron and tellurium were exported from China; standing approx. at the year before. Overall, exports showed a prominent increase. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, boron and tellurium exports reached $X in 2020. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for boron and tellurium exports from China, with a X% share of total exports. Moreover, boron and tellurium exports to Hong Kong SAR exceeded the volume sent to the second major destination, Canada (X tons), fivefold.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Malaysia (+X% per year).

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

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

Export Prices by Country

The average boron and tellurium export price stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, the export price recorded a noticeable expansion. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. The export price peaked 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 Hong Kong SAR ($X per ton), while the average price for exports to Canada ($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 Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Boron And Tellurium Imports

Imports into China

In 2020, the amount of boron and tellurium imported into China totaled X tons, stabilizing at the previous year. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, boron and tellurium imports reached $X in 2020. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2020 and are likely to continue growth in years to come.

Imports by Country

South Korea (X tons), Canada (X tons) and Belgium (X tons) were the main suppliers of boron and tellurium imports to China, together accounting for X% of total imports. Singapore, the Philippines and Russia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Canada ($X) and Belgium ($X) constituted the largest boron and tellurium suppliers to China, together comprising X% of total imports. Singapore, the Philippines and Russia lagged somewhat behind, together accounting for a further X the main suppliers, Singapore (+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 more modest paces of growth.

Import Prices by Country

In 2020, the average boron and tellurium import price amounted to $X per ton, approximately equating the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Canada ($X per ton) and Belgium ($X per ton), while the price for Russia ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

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

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Source: IndexBox Platform

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