Brazil: Mercury Market 2022

Mercury Market Size in Brazil

For the third year in a row, the Brazilian mercury market recorded decline in sales value, which decreased by -X% to $X in 2021. Over the period under review, consumption saw a abrupt shrinkage. Mercury consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Mercury Exports

Exports from Brazil

After nine years of growth, shipments abroad of mercuries decreased by -X% to X tonnes in 2021. Over the period under review, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tonnes in 2020, and then shrank in the following year.

In value terms, mercury exports contracted to $X in 2021. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tonnes) was the main destination for mercury exports from Brazil, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina amounted to +X%.

In value terms, Argentina ($X) also remains the key foreign market for mercury exports from Brazil.

From 2012 to 2021, the average annual growth rate of value to Argentina amounted to +X%.

Export Prices by Country

In 2021, the average mercury export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. In general, the export price showed a resilient increase. The pace of growth was the most pronounced in 2013 an increase of X%. The export price peaked at $X per tonne in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2021, the rate of growth in terms of prices for Argentina amounted to +X% per year.

Mercury Imports

Imports into Brazil

Mercury imports into Brazil dropped dramatically to X kg in 2021, waning by -X% on 2020. In general, imports faced a sharp slump. 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 at X tonnes in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, mercury imports contracted sharply to $X in 2021. Overall, imports saw a precipitous descent. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Japan (X kg), Hong Kong SAR (X kg) and the United States (X kg) were the main suppliers of mercury imports to Brazil, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Japan (with a CAGR of -X%), while purchases for the other leaders experienced a decline.

In value terms, the largest mercury suppliers to Brazil were the United States ($X), Hong Kong SAR ($X) and Japan ($X), together accounting for X% of total imports.

Hong Kong SAR, with a CAGR of -X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average mercury import price stood at $X per tonne in 2021, picking up by X% against the previous year. In general, the import price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per tonne), while the price for Singapore ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform