Report Update Nov 1, 2024

Australia - Mercury - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Australia: Mercury Market 2024

Mercury Market Size in Australia

In 2021, after five years of decline, there was significant growth in the Australian mercury market, when its value increased by 337% to $X. In general, consumption, however, recorded a sharp reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Mercury Production in Australia

In value terms, mercury production declined to $X in 2021 estimated in export price. Over the period under review, production, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 30%. As a result, production reached the peak level of $X, and then fell in the following year.

Mercury Exports

Exports from Australia

In 2021, mercury exports from Australia declined rapidly to X tons, waning by -40.2% on the previous year. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,456% against the previous year. As a result, the exports attained the peak of X tons, and then dropped notably in the following year.

In value terms, mercury exports contracted notably to $X in 2021. Over the period under review, exports recorded a perceptible curtailment. The growth pace was the most rapid in 2018 when exports increased by 1,254% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons) was the main destination for mercury exports from Australia, accounting for a 92% share of total exports. Moreover, mercury exports to Malaysia exceeded the volume sent to the second major destination, Papua New Guinea (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Malaysia stood at +57.2%.

In value terms, Malaysia ($X) remains the key foreign market for mercuries exports from Australia, comprising 85% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 10% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia stood at +45.2%.

Export Prices by Country

In 2021, the average mercury export price amounted to $X per ton, rising by 2.3% against the previous year. Overall, the export price, however, faced a dramatic descent. The pace of growth was the most pronounced in 2014 an increase of 26% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to Malaysia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-7.7%).

Mercury Imports

Imports into Australia

In 2021, supplies from abroad of mercuries increased by 2,631% to X tons, rising for the second year in a row after four years of decline. Over the period under review, imports, however, showed a drastic downturn. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, mercury imports soared to $X in 2021. Overall, imports, however, showed a abrupt downturn. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Hong Kong SAR (X tons) constituted the largest mercury supplier to Australia, with a 85% share of total imports. Moreover, mercury imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, Switzerland (X kg), sixfold. New Zealand (X kg) ranked third in terms of total imports with a 0.4% share.

From 2012 to 2021, the average annual growth rate of volume from Hong Kong SAR totaled +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+70.1% per year) and New Zealand (-31.8% per year).

In value terms, Hong Kong SAR ($X) constituted the largest supplier of mercuries to Australia, comprising 91% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 6.8% share of total imports. It was followed by the United States, with a 0.4% share.

From 2012 to 2021, the average annual growth rate of value from Hong Kong SAR stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+28.5% per year) and the United States (-54.9% per year).

Import Prices by Country

The average mercury import price stood at $X per ton in 2021, with a decrease of -12.6% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 135% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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 56% of total volume. Moreover, mercury consumption in China exceeded the figures recorded by the second-largest consumer, Spain, sixfold. The United States ranked third in terms of total consumption with a 6.6% share.

What are the largest producers of mercury in the world?

China remains the largest mercury producing country worldwide, comprising approx. 57% of total volume. Moreover, mercury production in China exceeded the figures recorded by the second-largest producer, Spain, sixfold. The third position in this ranking was occupied by the United States, with a 6.6% share.

What are the leading suppliers of mercury to Australia?

In value terms, Switzerland constituted the largest supplier of mercury to Australia, comprising 94% of total imports. The second position in the ranking was occupied by China, with a 6.3% share of total imports.

What is the average export price for mercury in Australia?

The average mercury export price stood at $102,596 per ton in 2021, approximately reflecting the previous year.

What is the average import price for mercury in Australia?

The average mercury import price stood at $33,087 per ton in 2021, shrinking by -12.5% against the previous year.

This report provides an in-depth analysis of the mercury market in Australia. 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:

Australia

Data coverage:

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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