Overview of the Global Market for Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

Market Size for Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

In 2023, after eleven years of growth, there was decline in the global market for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams), when its value decreased by X% to $X. In general, consumption showed a significant expansion. Over the period under review, the global market reached the maximum level at $X in 2022, and then shrank slightly in the following year.

Production of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

In value terms, production of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) rose slightly to $X in 2023 estimated in export price. Overall, production posted a significant increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, global production of hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

Exports

After two years of growth, shipments abroad of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) decreased by X% to X tons in 2023. In general, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the global exports of hit record highs at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) dropped to $X in 2023. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Thailand was the key exporting country with an export of about X tons, which resulted at X% of total exports. The United States (X tons) took the second position in the ranking, followed by South Africa (X tons). All these countries together took near X% share of total exports. India (X tons) and Malaysia (X tons) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) exports from Thailand stood at X%. At the same time, Malaysia (X%) and India (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, the United States (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), India (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) supplying countries worldwide were Thailand ($X), the United States ($X) and India ($X), together accounting for X% of global exports. South Africa and Malaysia lagged somewhat behind, together comprising a further X%.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw a perceptible increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced mixed trends in the export price figures.

Imports of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

Imports

In 2023, after two years of growth, there was significant decline in overseas purchases of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams), when their volume decreased by X% to X tons. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2022 when imports increased by X%. Global imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) reduced dramatically to $X in 2023. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of global imports of remained at a somewhat lower figure.

Imports by Country

Italy (X tons) and France (X tons) were the main importers of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) in 2023, finishing at near X% and X% of total imports, respectively. It was distantly followed by the Czech Republic (X tons), committing a X% share of total imports. Portugal (X tons) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Italy (with a CAGR of X%), while imports for the other global leaders experienced a decline in the imports figures.

In value terms, France ($X) constitutes the largest market for imported compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) worldwide, comprising X% of global imports. The second position in the ranking was held by Italy ($X), with a X% share of global imports. It was followed by the Czech Republic, with a X% share.

In France, imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) plunged by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Italy (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average import price for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Portugal ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform