Report Update Apr 1, 2024

United Kingdom - Mercury - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Mercury Market 2024

Mercury Market Size in the UK

The UK mercury market skyrocketed to $X in 2022, surging by X% against the previous year. Overall, consumption saw a perceptible expansion. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Mercury Production in the UK

In value terms, mercury production totaled less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with a decrease of X%. Mercury production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Mercury Exports

Exports from the UK

In 2022, shipments abroad of mercuries decreased by X% to X kg for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, mercury exports soared to $X in 2022. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X kg), Germany (X kg) and Japan (X kg) were the main destinations of mercury exports from the UK, with a combined X% share of total exports. Moreover, mercury exports in Australia exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for mercuries exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by South Africa, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and South Africa (X% per year).

Export Prices by Country

The average mercury export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mercury Imports

Imports into the UK

After two years of decline, purchases abroad of mercuries increased by X% to X kg in 2022. Over the period under review, imports, however, saw a deep reduction. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, mercury imports soared to $X in 2022. In general, imports, however, recorded a deep setback. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X kg) constituted the largest mercury supplier to the UK, with a X% share of total imports. Moreover, mercury imports from Germany exceeded the figures recorded by the second-largest supplier, South Africa (X kg), more than tenfold. Japan (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Japan (X% per year).

In value terms, the largest mercury suppliers to the UK were Germany ($X), Japan ($X) and South Africa ($X), with a combined X% share of total imports. Australia, China and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, 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

In 2022, the average mercury import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, showed strong growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

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Frequently Asked Questions (FAQ) :

What are the largest markets for mercury in the world?

The country with the largest volume of mercury consumption was China, accounting for 53% of total volume. Moreover, mercury consumption in China exceeded the figures recorded by the second-largest consumer, Spain, fivefold. Indonesia ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of mercury in the world?

The country with the largest volume of mercury production was China, comprising approx. 49% of total volume. Moreover, mercury production in China exceeded the figures recorded by the second-largest producer, Spain, fivefold. Indonesia ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of mercury to the UK?

In value terms, Germany, Japan and South Africa appeared to be the largest mercury suppliers to the UK, together accounting for 65% of total imports. Australia, China and Italy lagged somewhat behind, together comprising a further 27%.

What are the leading importers of mercury from the UK?

In value terms, Germany emerged as the key foreign market for mercuries exports from the UK, comprising 57% of total exports. The second position in the ranking was held by Japan, with a 24% share of total exports. It was followed by South Africa, with an 11% share.

What is the average export price for mercury in the UK?

The average mercury export price stood at $150,820 per ton in 2022, jumping by 139% against the previous year.

What is the average import price for mercury in the UK?

The average mercury import price stood at $70,437 per ton in 2022, reducing by -68.7% against the previous year.

This report provides an in-depth analysis of the mercury market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023