Germany: Mercury Market 2024

Mercury Market Size in Germany

The German mercury market soared to $X in 2021, growing by 39% against the previous year. In general, consumption, however, faced a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Mercury Production in Germany

In value terms, mercury production contracted to $X in 2021 estimated in export price. Overall, production showed a dramatic descent. The pace of growth was the most pronounced in 2013 with an increase of 52%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Mercury Exports

Exports from Germany

In 2021, the amount of mercuries exported from Germany declined dramatically to X kg, reducing by -50.2% on 2020. In general, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 78%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, mercury exports fell rapidly to $X in 2021. Overall, exports showed a sharp downturn. The pace of growth was the most pronounced in 2018 when exports increased by 34% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X kg), Italy (X kg) and Poland (X kg) were the main destinations of mercury exports from Germany, together accounting for 66% of total exports. Spain, the Netherlands, Hungary, Finland and France lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +2.4%), while the other leaders experienced a decline.

In value terms, the largest markets for mercury exported from Germany were Belgium ($X), Spain ($X) and Poland ($X), together accounting for 61% of total exports. The Netherlands, Finland, Italy, Hungary and France lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Finland, with a CAGR of +13.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average mercury export price amounted to $X per ton, rising by 31% against the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mercury Imports

Imports into Germany

In 2021, the amount of mercuries imported into Germany fell sharply to X kg, which is down by -24% on 2020 figures. In general, imports faced a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 231% against the previous year. Over the period under review, imports attained the maximum 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 showed a sharp contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 187%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States (X kg), Switzerland (X kg) and France (X kg) were the main suppliers of mercury imports to Germany, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +26.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of mercuries to Germany, comprising 75% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 20% share of total imports. It was followed by France, with a 2.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+11.0% per year) and France (-12.7% per year).

Import Prices by Country

In 2021, the average mercury import price amounted to $X per ton, with an increase of 166% against the previous year. Overall, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 259%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+68.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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