Indonesia: Mercury Market 2022

Mercury Market Size in Indonesia

After nine years of growth, the Indonesian mercury market decreased by -X% to $X in 2021. In general, consumption, however, saw a remarkable increase. Over the period under review, the market reached the peak level at $X in 2020, and then shrank modestly in the following year.

Mercury Production in Indonesia

In value terms, mercury production reduced to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020, and then reduced slightly in the following year.

Mercury Exports

Exports from Indonesia

In 2021, after three years of growth, there was significant decline in overseas shipments of mercuries, when their volume decreased by -X% to X tonnes. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tonnes. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mercury exports reached $X in 2021. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Japan (X tonnes), Singapore (X tonnes) and Timor-Leste (X tonnes) were the main destinations of mercury exports from Indonesia, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for mercury exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Timor-Leste (+X% per year).

Export Prices by Country

In 2021, the average mercury export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, the export price reached the peak level of $X per tonne. From 2018 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Japan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-X%), while the prices for the other major destinations experienced a decline.

Mercury Imports

Imports into Indonesia

In 2021, overseas purchases of mercuries decreased by -X% to X tonnes for the first time since 2017, thus ending a three-year rising trend. Overall, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2015 to 2021, the growth imports failed to regain momentum.

In value terms, mercury imports stood at $X in 2021. Over the period under review, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Singapore (X tonnes) was the main supplier of mercury to Indonesia, with a X% share of total imports. Moreover, mercury imports from Singapore exceeded the figures recorded by the second-largest supplier, Spain (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Singapore amounted to -X%.

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

From 2012 to 2021, the average annual growth rate of value from Spain totaled -X%.

Import Prices by Country

In 2021, the average mercury import price amounted to $X per tonne, growing by X% against the previous year. In general, the import price, however, faced a dramatic slump. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per tonne. From 2014 to 2021, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform