Report Update Nov 1, 2024

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

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Kenya: Mercury Market 2024

Mercury Market Size in Kenya

In 2021, the Kenyan mercury market increased by 33% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a dramatic contraction. 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 Exports

Exports from Kenya

In 2021, approx. X tons of mercuries were exported from Kenya; declining by -26.8% against 2020 figures. Overall, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of 1,475% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, mercury exports reduced markedly to $X in 2021. In general, exports, however, posted a moderate expansion. The growth pace was the most rapid in 2018 when exports increased by 1,598%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for mercury exports from Kenya, accounting for a 89% share of total exports. Moreover, mercury exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Uganda (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo amounted to -4.4%.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for mercuries exports from Kenya, comprising 95% of total exports. The second position in the ranking was held by Uganda ($X), with a 5.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to +2.6%.

Export Prices by Country

The average mercury export price stood at $X per ton in 2021, increasing by 7.4% against the previous year. In general, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mercury export price decreased by -26.1% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of 60% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average 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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Uganda stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+7.4%).

Mercury Imports

Imports into Kenya

After two years of decline, supplies from abroad of mercuries increased by 16% to X tons in 2021. In general, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, mercury imports surged to $X in 2021. Overall, imports, however, recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 104%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Switzerland (X tons), Japan (X tons) and the United States (X kg) were the main suppliers of mercury imports to Kenya, with a combined 62% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +37.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Spain ($X) and Japan ($X) constituted the largest mercury suppliers to Kenya, with a combined 65% share of total imports. Switzerland, Russia, Mexico, Vietnam, Singapore, India, Hong Kong SAR and Germany lagged somewhat behind, together accounting for a further 35%.

In terms of the main suppliers, Switzerland, with a CAGR of +18.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average mercury import price stood at $X per ton in 2021, stabilizing at the previous year. Overall, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2019 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Singapore ($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 (+12.5%), 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 constituted the country with the largest volume of mercury production, accounting for 57% of total volume. Moreover, mercury production in China exceeded the figures recorded by the second-largest producer, Spain, sixfold. The United States ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of mercury to Kenya?

In value terms, the United States, Spain and Japan appeared to be the largest mercury suppliers to Kenya, with a combined 78% share of total imports.

What are the leading importers of mercury from Kenya?

In value terms, Democratic Republic of the Congo remains the key foreign market for mercury exports from Kenya, comprising 89% of total exports. The second position in the ranking was occupied by Uganda, with an 11% share of total exports.

What is the average export price for mercury in Kenya?

The average mercury export price stood at $65,803 per ton in 2021, growing by 5.7% against the previous year.

What is the average import price for mercury in Kenya?

The average mercury import price stood at $52,192 per ton in 2021, surging by 43% against the previous year.

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

Kenya

Data coverage:

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