Report Update Nov 1, 2024

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

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Japan: Mercury Market 2024

Mercury Market Size in Japan

In 2021, after four years of growth, there was decline in the Japanese mercury market, when its value decreased by -4.2% to $X. Over the period under review, consumption showed a slight decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mercury Production in Japan

In value terms, mercury production declined modestly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 11% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Mercury Exports

Exports from Japan

After four years of decline, overseas shipments of mercuries increased by 35% to X tons in 2021. In general, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 51% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, mercury exports expanded slightly to $X in 2021. Over the period under review, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2016 when exports increased by 12%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for mercury exports from Japan, with a 60% share of total exports. Moreover, mercury exports to Argentina exceeded the volume sent to the second major destination, Peru (X tons), threefold. India (X tons) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina totaled +100.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+3.9% per year) and India (-18.5% per year).

In value terms, Argentina ($X) emerged as the key foreign market for mercuries exports from Japan, comprising 52% of total exports. The second position in the ranking was held by Peru ($X), with a 24% share of total exports. It was followed by India, with a 22% share.

From 2012 to 2021, the average annual growth rate of value to Argentina amounted to +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+1.4% per year) and India (-25.4% per year).

Export Prices by Country

In 2021, the average mercury export price amounted to $X per ton, shrinking by -22.9% against the previous year. Overall, the export price showed a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 26%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 Singapore ($X per ton), while the average price for exports to Argentina ($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 Singapore (+1.4%), while the prices for the other major destinations experienced a decline.

Mercury Imports

Imports into Japan

In 2021, after three years of growth, there was significant decline in supplies from abroad of mercuries, when their volume decreased by -55.5% to X kg. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 138% against the previous year. As a result, imports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, mercury imports dropped markedly to $X in 2021. In general, imports, however, posted notable growth. The most prominent rate of growth was recorded in 2016 with an increase of 119% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X kg) was the main mercury supplier to Japan, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +6.0%.

In value terms, the United States ($X) constituted the largest supplier of mercuries to Japan.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +4.9%.

Import Prices by Country

The average mercury import price stood at $X per ton in 2021, increasing by 83% against the previous year. In general, the import price, however, showed a mild curtailment. Over the period under review, average import prices hit record highs 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 the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -1.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mercury in the world?

China remains the largest mercury consuming country worldwide, comprising approx. 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 Japan?

In value terms, the United States constituted the largest supplier of mercury to Japan.

What are the leading importers of mercury from Japan?

In value terms, Argentina remains the key foreign market for mercury exports from Japan, comprising 52% of total exports. The second position in the ranking was occupied by Peru, with a 24% share of total exports.

What is the average export price for mercury in Japan?

In 2021, the average mercury export price amounted to $34,829 per ton, declining by -22.9% against the previous year.

What is the average import price for mercury in Japan?

The average mercury import price stood at $14,712 per ton in 2021, growing by 205% against the previous year.

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

Japan

Data coverage:

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