Canada: Mercury Market 2022

Mercury Market Size in Canada

The Canadian mercury market totaled $X in 2021, rising by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Mercury Production in Canada

In value terms, mercury production reduced modestly to $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 when the production volume increased by X%. Mercury production peaked at $X in 2020, and then contracted modestly in the following year.

Mercury Exports

Exports from Canada

In 2021, overseas shipments of mercuries decreased by -X% to X tonnes, falling for the fifth year in a row after two years of growth. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at X tonnes in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, mercury exports declined sharply to $X in 2021. Overall, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tonnes) was the main destination for mercury exports from Canada, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +X%.

In value terms, the United States ($X) also remains the key foreign market for mercury exports from Canada.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +X%.

Export Prices by Country

The average mercury export price stood at $X per tonne in 2021, leveling off at the previous year. Over the period under review, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per tonne in 2020, and then shrank in the following year.

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

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

Mercury Imports

Imports into Canada

Mercury imports into Canada dropped to X tonnes in 2021, declining by -X% compared with the previous year. In general, imports, however, recorded temperate growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of X tonnes. From 2015 to 2021, the growth imports remained at a somewhat lower figure.

In value terms, mercury imports shrank to $X in 2021. Over the period under review, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, India (X tonnes) was the main mercury supplier to Canada, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of mercury to Canada.

From 2012 to 2021, the average annual growth rate of value from India was relatively modest.

Import Prices by Country

The average mercury import price stood at $X per tonne in 2021, leveling off at the previous year. Over the period under review, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per tonne in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

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

Source: IndexBox Platform