Denmark: Mercury Market 2022

Mercury Market Size in Denmark

For the third consecutive year, the Danish mercury market recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption enjoyed a significant increase. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Mercury Production in Denmark

In value terms, mercury production stood at $X in 2021 estimated in export price. In general, production showed a dramatic decline. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Mercury production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Mercury Exports

Exports from Denmark

For the ninth year in a row, Denmark recorded decline in overseas shipments of mercuries, which decreased by X% to X kg in 2021. Overall, exports showed a sharp contraction. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, mercury exports totaled $X in 2021. In general, exports recorded a dramatic curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for mercury exports from Denmark, accounting for a X% share of total exports. It was followed by Italy (X kg), with a X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to the UK totaled +X%.

In value terms, Italy ($X) and the UK ($X) were the largest markets for mercury exported from Denmark worldwide.

In terms of the main countries of destination, the UK, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average mercury export price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Italy ($X per tonne), while the average price for exports to the UK stood at $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%).

Mercury Imports

Imports into Denmark

In 2021, overseas purchases of mercuries decreased by -X% to X kg for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X kg in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, mercury imports reduced to $X in 2021. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2021, Germany (X kg) was the main supplier of mercury to Denmark, accounting for a X% share of total imports. It was followed by the UK (X kg), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +X%.

In value terms, Germany ($X) constituted the largest supplier of mercury to Denmark, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

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

Import Prices by Country

The average mercury import price stood at $X per tonne in 2021, surging by X% against the previous year. In general, the import price continues to indicate significant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per tonne. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+X%).

Source: IndexBox Platform