Report Update Nov 1, 2024

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

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China: Mercury Market 2024

Mercury Market Size in China

In 2021, the Chinese mercury market decreased by -7.8% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, recorded a remarkable increase. Mercury consumption peaked at $X in 2020, and then dropped in the following year.

Mercury Production in China

In value terms, mercury production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 74%. Mercury production peaked at $X in 2020, and then contracted in the following year.

Mercury Exports

Exports from China

In 2021, overseas shipments of mercuries decreased by -63.2% to X tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 116% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, mercury exports declined dramatically to $X in 2021. Overall, exports recorded a deep setback. The growth pace was the most rapid in 2019 with an increase of 85% 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 remained at a lower figure.

Exports by Country

Zimbabwe (X tons) was the main destination for mercury exports from China, with a 86% share of total exports. Moreover, mercury exports to Zimbabwe exceeded the volume sent to the second major destination, Togo (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Zimbabwe amounted to +132.5%.

In value terms, Zimbabwe ($X) emerged as the key foreign market for mercuries exports from China, comprising 84% of total exports. The second position in the ranking was held by Togo ($X), with an 8.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Zimbabwe totaled +87.8%.

Export Prices by Country

The average mercury export price stood at $X per ton in 2021, with a decrease of -24.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 61% against the previous year. The export price peaked at $X per ton in 2020, and then fell significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Togo amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+22.9%), while the prices for the other major destinations experienced mixed trend patterns.

Mercury Imports

Imports into China

After seven years of decline, supplies from abroad of mercuries decreased by -2.2% to X tons in 2021. In general, imports faced a sharp setback. The growth pace was the most rapid in 2013 when imports increased by 99%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, mercury imports shrank to $X in 2021. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2013 with an increase of 274%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Nigeria (X tons) was the main mercury supplier to China, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Nigeria stood at -2.2%.

In value terms, Nigeria ($X) constituted the largest supplier of mercuries to China.

From 2012 to 2021, the average annual rate of growth in terms of value from Nigeria amounted to -3.3%.

Import Prices by Country

In 2021, the average mercury import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 88%. The import price peaked at $X per ton in 2014; however, from 2015 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 Nigeria.

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to +141.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mercury in the world?

China constituted the country with the largest volume of mercury consumption, accounting for 56% of total volume. Moreover, mercury consumption in China exceeded the figures recorded by the second-largest consumer, Spain, sixfold. The third position in this ranking was occupied by the United States, 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 China?

In value terms, Singapore constituted the largest supplier of mercury to China, comprising 77% of total imports. The second position in the ranking was occupied by Malaysia, with a 12% share of total imports.

What are the leading importers of mercury from China?

In value terms, the largest markets for mercury exported from China were Sudan, South Africa and the United Arab Emirates, together accounting for 56% of total exports. Guyana, Togo, Zimbabwe and the United States lagged somewhat behind, together accounting for a further 24%.

What is the average export price for mercury in China?

The average mercury export price stood at $21,444 per ton in 2021, with an increase of 4.6% against the previous year.

What is the average import price for mercury in China?

In 2021, the average mercury import price amounted to $21,763 per ton, increasing by 1,039% against the previous year.

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

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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