Eastern Europe: Boron And Tellurium Market 2021

Boron And Tellurium Market Size in Eastern Europe

The East European boron and tellurium market skyrocketed to $X in 2020, with an increase of X% against the previous year. In general, consumption saw a prominent increase. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market remained at a lower figure.

Boron And Tellurium Production in Eastern Europe

In value terms, boron and tellurium production dropped to $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Production By Country in Eastern Europe

The country with the largest volume of boron and tellurium production was Russia (X tons), comprising approx. X% of total volume. Moreover, boron and tellurium production in Russia exceeded the figures recorded by the second-largest producer, Bulgaria (X tons), eightfold.

In Russia, boron and tellurium production increased at an average annual rate of +X% over the period from 2007-2020.

Boron And Tellurium Exports

Exports in Eastern Europe

In 2020, approx. X tons of boron and tellurium were exported in Eastern Europe; growing by X% against the previous year. Over the period under review, exports recorded buoyant growth. The growth pace was the most rapid in 2019 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, boron and tellurium exports declined to $X in 2020. In general, exports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Russia dominates boron and tellurium exports structure, resulting at X tons, which was near X% of total exports in 2020. It was distantly followed by the Czech Republic (X tons) and Bulgaria (X tons), together making up a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to boron and tellurium exports from Russia stood at +X%. At the same time, Bulgaria (+X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, the Czech Republic (-X%) illustrated a downward trend over the same period. Russia (+X p.p.) and Bulgaria (+X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Russia ($X) remains the largest boron and tellurium supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Bulgaria ($X), with a X% share of total exports.

In Russia, boron and tellurium exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Bulgaria (+X% per year) and the Czech Republic (-X% per year).

Export Prices by Country

In 2020, the boron and tellurium export price in Eastern Europe amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Bulgaria ($X per ton), while the Czech Republic ($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 Czech Republic, while the other leaders experienced a decline in the export price figures.

Boron And Tellurium Imports

Imports in Eastern Europe

In 2020, after two years of decline, there was significant growth in purchases abroad of boron and tellurium, when their volume increased by X% to X tons. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. The volume of import peaked at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, boron and tellurium imports soared to $X in 2020. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. The level of import peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Czech Republic (X tons) represented the key importer of boron and tellurium, constituting X% of total imports. Poland (X tons) occupied the second position in the ranking, distantly followed by Slovakia (X tons). All these countries together took approx. X% share of total imports. Latvia (X tons) and Ukraine (X tons) held a little share of total imports.

The Czech Republic was also the fastest-growing in terms of the boron and tellurium imports, with a CAGR of +X% from 2007 to 2020. At the same time, Poland (+X%) and Slovakia (+X%) displayed positive paces of growth. By contrast, Ukraine (-X%) and Latvia (-X%) illustrated a downward trend over the same period. The Czech Republic (+X p.p.) significantly strengthened its position in terms of the total imports, while Poland, Ukraine and Latvia saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest boron and tellurium importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Ukraine ($X), together accounting for X% of total imports. Slovakia and Latvia lagged somewhat behind, together accounting for a further X terms of the main importing countries, Slovakia saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The boron and tellurium import price in Eastern Europe stood at $X per ton in 2020, reducing by -X% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2011 when the import price increased by X% year-to-year. Over the period under review, import prices hit record highs at $X per ton in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ukraine, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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