In 2024, Germany leads the European import of Boron and Tellurium with 1.1791 million kilograms, showing a modest growth of 1.31% from 2023. Czechia and Sweden follow with 0.3997 and 0.14964 million kilograms, respectively. Notably, Latvia and Romania exhibit a growth trend at 3.67% and 7.42%. Meanwhile, Belgium experienced a significant decrease of 45.75% year-on-year. Netherlands also saw a decline by 16.47%. The Compound Annual Growth Rate (CAGR) over the last 5 years indicates stability in the larger markets with more volatility in smaller ones.
Future trends to watch include:
- Potential increases in import volumes as European countries continue focusing on technological advancements which necessitate Boron and Tellurium.
- Monitoring of geopolitical factors, which could significantly impact supply chains and trade flows in the region.
- Continuing shift towards sustainable practices could either encourage local production or importation depending on regional policies.
Top countries in Import of Boron, Tellurium by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,179,100 | 2023 | +5.97% | +1.31% | View data |
| 2 | 2 Czechia | 399,700 | 2023 | |||
| 3 | 3 Sweden | 149,640 | 2023 | +4.02% | +8.66% | View data |
| 4 | 4 Latvia | 66,330 | 2023 | +3.99% | +3.67% | View data |
| 5 | 5 Netherlands | 23,870 | 2023 | -16.37% | -16.47% | View data |
| 6 | 6 Poland | 10,540 | 2023 | +1.33% | +0.66% | View data |
| 7 | 7 Romania | 10,300 | 2023 | +2.23% | +7.42% | View data |
| 8 | 8 Belgium | 5,280 | 2023 | -76.9% | -45.75% | View data |
| 9 | 9 Slovakia | 3,400 | 2023 | +4.65% | +3.95% | View data |
| 10 | 10 Slovenia | 1,120 | 2023 | +3.61% | +4.45% | View data |