Report Update Nov 1, 2024

Northern America - Mercury - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Mercury Market 2024

Mercury Market Size in Northern America

The North American mercury market rose slightly to $X in 2021, increasing by 3.2% against the previous year. Overall, consumption recorded a pronounced contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mercury Production in Northern America

In value terms, mercury production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 19%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Mercury Exports

Exports in Northern America

In 2021, shipments abroad of mercuries decreased by -67.1% to X tons, falling for the fourth consecutive year after four years of growth. Overall, exports saw a dramatic descent. The growth pace was the most rapid in 2017 when exports increased by 700% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, mercury exports contracted remarkably to $X in 2021. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of 546% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Canada (X tons) represented the largest exporter of mercuries in Northern America, creating 100% of total export.

Canada was also the fastest-growing in terms of the mercuries exports, with a CAGR of -10.0% from 2012 to 2021. While the share of Canada (+91 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) also remains the largest mercury supplier in Northern America.

In Canada, mercury exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 308%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +11.4% per year.

Mercury Imports

Imports in Northern America

In 2021, purchases abroad of mercuries decreased by -86.6% to X tons, falling for the third consecutive year after two years of growth. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2014 with an increase of 837% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, mercury imports reduced remarkably to $X in 2021. Over the period under review, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2014 with an increase of 192% against the previous year. 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

The United States was the major importer of mercuries in Northern America, with the volume of imports amounting to X tons, which was approx. 88% of total imports in 2021. It was distantly followed by Canada (X kg), committing a 12% share of total imports.

Imports into the United States decreased at an average annual rate of -45.5% from 2012 to 2021. Canada (-32.3%) illustrated a downward trend over the same period. While the share of Canada (+10 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-10.1 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported mercuries in Northern America, comprising 96% of total imports. The second position in the ranking was taken by Canada ($X), with a 3.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at -43.2%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, with an increase of 94% against the previous year. Overall, the import price continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2013 an increase of 122% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mercury in Northern America?

The United States remains the largest mercury consuming country in Northern America, accounting for 98% of total volume. It was followed by Canada, with a 2% share of total consumption.

What are the largest producers of mercury in Northern America?

The United States constituted the country with the largest volume of mercury production, accounting for 99% of total volume.

What are the leading suppliers of mercury in Northern America?

In value terms, Canada remains the largest mercury supplier in Northern America.

What are the leading importers of mercury in Northern America?

In value terms, the United States constitutes the largest market for imported mercuries in Northern America, comprising 76% of total imports. The second position in the ranking was occupied by Canada, with a 24% share of total imports.

What is the average export price for mercury in Northern America?

In 2021, the export price in Northern America amounted to $23,228 per ton, leveling off at the previous year.

What is the average import price for mercury in Northern America?

The import price in Northern America stood at $15,827 per ton in 2021, growing by 16% against the previous year.

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

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023