MERCOSUR: Market for Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams) 2024

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

In 2023, after two years of decline, there was significant growth in the MERCOSUR market for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams), when its value increased by X% to $X. Over the period under review, consumption recorded buoyant growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

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

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 enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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

Exports in MERCOSUR

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. Overall, exports recorded a slight descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked at X tons in 2022, and then contracted sharply in the following year.

In value terms, exports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) dropped remarkably to $X in 2023. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) represented roughly X% of total exports in 2023.

Argentina was also the fastest-growing in terms of the compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) also remains the largest compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) supplier in MERCOSUR.

From 2012 to 2023, the average annual rate of growth in terms of value in Argentina was relatively modest.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Overall, the export price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for Argentina amounted to X% per year.

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

Imports in MERCOSUR

In 2023, imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) in MERCOSUR contracted significantly to X tons, which is down by X% on the year before. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) reduced rapidly to $X in 2023. In general, imports recorded a slight reduction. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

Argentina represented the key importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Brazil (X kg) and Peru (X kg), together generating a X% share of total imports. Paraguay (X kg), Uruguay (X kg), Colombia (X kg) and Chile (X kg) followed a long way behind the leaders.

Argentina experienced a relatively flat trend pattern with regard to volume of imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams). At the same time, Uruguay (X%), Paraguay (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Brazil (X%), Peru (X%) and Chile (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Argentina, Brazil, Paraguay, Uruguay and Colombia increased by X, X, X, X and X percentage points, respectively.

In value terms, Brazil ($X), Argentina ($X) and Peru ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Uruguay, Colombia, Chile and Paraguay lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Colombia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the import price saw strong growth. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2023 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uruguay ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform