Spain: Mercury Market 2022

Mercury Market Size in Spain

After three years of growth, the Spanish mercury market decreased by -X% to $X in 2021. In general, consumption, however, enjoyed a strong expansion. Mercury consumption peaked at $X in 2020, and then shrank slightly in the following year.

Mercury Production in Spain

In value terms, mercury production reduced slightly to $X in 2021 estimated in export price. In general, the total production indicated resilient growth 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, production increased by +X% against 2013 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced in the following year.

Mercury Exports

Exports from Spain

In 2021, shipments abroad of mercuries increased by X% to X tonnes for the first time since 2012, thus ending a eight-year declining trend. In general, exports, however, continue to indicate a dramatic slump. Over the period under review, the exports attained the maximum at X tonnes in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, mercury exports soared to $X in 2021. Over the period under review, exports, however, showed a sharp reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X tonnes) was the main destination for mercury exports from Spain, accounting for a X% share of total exports. Moreover, mercury exports to Portugal exceeded the volume sent to the second major destination, France (X tonnes), threefold.

From 2012 to 2021, the average annual growth rate of volume to Portugal amounted to -X%.

In value terms, the largest markets for mercury exported from Spain were France ($X) and Portugal ($X the main countries of destination, Portugal, with a CAGR of -X%, recorded 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 2021, rising by X% against the previous year. Over the period under review, the export price, however, saw a noticeable decrease. Over the period under review, the average export prices reached the maximum at $X per tonne in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

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

Mercury Imports

Imports into Spain

In 2021, mercury imports into Spain reduced to X tonnes, shrinking by -X% against 2020. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, mercury imports surged to $X in 2021. In general, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

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

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

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

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

Import Prices by Country

In 2021, the average mercury import price amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price, however, saw a drastic downturn. The import price peaked at $X per tonne in 2013; however, from 2014 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 Germany.

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

Source: IndexBox Platform