Norway: Mercury Market 2022

Mercury Market Size in Norway

The Norwegian mercury market expanded modestly to $X in 2021, rising by X% against the previous year. Over the period under review, consumption recorded a pronounced slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Mercury Production in Norway

In value terms, mercury production amounted to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt decline. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Mercury Exports

Exports from Norway

In 2021, after nine years of growth, there was decline in overseas shipments of mercuries, when their volume decreased by X% to X kg. Overall, total exports indicated a resilient increase from 2012 to 2021: its volume 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, exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X kg in 2020, and then stood in the following year.

In value terms, mercury exports declined modestly to $X in 2021. Over the period under review, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

Germany (X kg) was the main destination for mercury exports from Norway, accounting for a X% share of total exports. Moreover, mercury exports to Germany exceeded the volume sent to the second major destination, Denmark (X kg), more than tenfold.

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

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

From 2012 to 2021, the average annual growth rate of value to Denmark stood at +X%.

Export Prices by Country

The average mercury export price stood at $X per tonne in 2021, falling by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2020, and then shrank modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Denmark ($X per tonne), while the average price for exports to Germany stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+X%).

Mercury Imports

Imports into Norway

Mercury imports into Norway fell remarkably to X kg in 2021, declining by -X% compared with the year before. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X kg in 2020, and then dropped notably in the following year.

In value terms, mercury imports contracted to $X in 2021. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports failed to regain momentum.

Imports by Country

France (X kg), Sweden (X kg) and Germany (X kg) were the main suppliers of mercury imports to Norway, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Switzerland ($X) and Germany ($X) appeared to be the largest mercury suppliers to Norway, together accounting for X% of total imports.

Switzerland, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average mercury import price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price peaked at $X per tonne in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform