Report Update Nov 1, 2024

Russian Federation - Mercury - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Mercury Market 2024

Mercury Market Size in the Russian Federation

The Russian mercury market shrank dramatically to $X in 2021, falling by -15.6% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell remarkably in the following year.

Mercury Production in the Russian Federation

In value terms, mercury production rose modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 26%. Mercury production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Mercury Exports

Exports from the Russian Federation

Mercury exports from Russia surged to X tons in 2021, growing by 872% on the year before. In general, exports recorded a notable increase. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, mercury exports surged to $X in 2021. Overall, exports continue to indicate pronounced growth. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X tons) was the main destination for mercury exports from Russia, accounting for a 61% share of total exports. Moreover, mercury exports to Bolivia exceeded the volume sent to the second major destination, South Africa (X tons), twofold. India (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume to Bolivia amounted to -62.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-23.4% per year) and India (-37.7% per year).

In value terms, the largest markets for mercury exported from Russia were Bolivia ($X), South Africa ($X) and India ($X), with a combined 97% share of total exports.

Among the main countries of destination, South Africa, with a CAGR of -34.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average mercury export price stood at $X per ton in 2021, increasing by 9.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 91%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to South Africa ($X per ton) and India ($X per ton), while the average price for exports to Kenya ($X per ton) and Bolivia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+26.0%), while the prices for the other major destinations experienced mixed trend patterns.

Mercury Imports

Imports into the Russian Federation

After five years of growth, purchases abroad of mercuries decreased by -47.5% to X tons in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 142% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then reduced sharply in the following year.

In value terms, mercury imports contracted notably to $X in 2021. Over the period under review, imports showed a pronounced decline. The pace of growth was the most pronounced in 2016 with an increase of 118% against the previous year. Imports peaked at $X in 2020, and then shrank remarkably in the following year.

Imports by Country

In 2021, Kyrgyzstan (X tons) was the main supplier of mercury to Russia, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Kyrgyzstan totaled +1.8%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from Kyrgyzstan totaled -2.2%.

Import Prices by Country

The average mercury import price stood at $X per ton in 2021, picking up by 10% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 54% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +2.0% 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, 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, 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 the Russian Federation?

In value terms, Kyrgyzstan constituted the largest supplier of mercury to Russia.

What are the leading importers of mercury from the Russian Federation?

In value terms, the largest markets for mercury exported from Russia were Israel, Chile and South Africa, with a combined 97% share of total exports.

What is the average export price for mercury in the Russian Federation?

In 2021, the average mercury export price amounted to $20,557 per ton, reducing by -56.4% against the previous year.

What is the average import price for mercury in the Russian Federation?

In 2021, the average mercury import price amounted to $41,988 per ton, increasing by 10% against the previous year.

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

Russia

Data coverage:

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