Report Update Nov 1, 2024

South Africa - Mercury - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Mercury Market 2024

Mercury Market Size in South Africa

After two years of decline, the South African mercury market increased by 378% to $X in 2021. In general, consumption recorded prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mercury Exports

Exports from South Africa

In 2021, mercury exports from South Africa dropped remarkably to X kg, with a decrease of -43.9% on the previous year. Over the period under review, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 788%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, mercury exports skyrocketed to $X in 2021. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 421% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Zambia (X kg), Democratic Republic of the Congo (X kg) and Malawi (X kg) were the main destinations of mercury exports from South Africa, together comprising 81% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malawi (with a CAGR of +91.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mercury exported from South Africa were Democratic Republic of the Congo ($X), Mozambique ($X) and Madagascar ($X), together comprising 78% of total exports. Malawi, Botswana, Zambia and Lesotho lagged somewhat behind, together accounting for a further 22%.

Malawi, with a CAGR of +46.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average mercury export price amounted to $X per ton, growing by 107% against the previous year. Overall, the export price, however, saw a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 174% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while the average price for exports to Zambia ($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 Lesotho (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mercury Imports

Imports into South Africa

After two years of decline, overseas purchases of mercuries increased by 465% to X tons in 2021. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mercury imports surged to $X in 2021. Over the period under review, imports recorded a pronounced expansion. The pace of growth appeared the most rapid in 2018 with an increase of 273% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of mercury to South Africa, with a 86% share of total imports. Moreover, mercury imports from Russia exceeded the figures recorded by the second-largest supplier, Georgia (X tons), eightfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +171.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (0.0% per year) and the United Arab Emirates (+2.1% per year).

In value terms, Russia ($X) constituted the largest supplier of mercuries to South Africa, comprising 79% of total imports. The second position in the ranking was taken by Georgia ($X), with a 9.7% share of total imports. It was followed by the United Arab Emirates, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +126.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (0.0% per year) and the United Arab Emirates (+0.1% per year).

Import Prices by Country

The average mercury import price stood at $X per ton in 2021, which is down by -54.6% against the previous year. Overall, the import price showed a abrupt descent. The growth pace was the most rapid in 2018 an increase of 97% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia ($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 (+9.3%), 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?

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 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, comprising approx. 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 South Africa?

In value terms, the largest mercury suppliers to South Africa were Hong Kong SAR, Turkey and China, together accounting for 81% of total imports. These countries were followed by India and Vietnam, which together accounted for a further 19%.

What are the leading importers of mercury from South Africa?

In value terms, Namibia remains the key foreign market for mercury exports from South Africa, comprising 95% of total exports. The second position in the ranking was occupied by Malawi $813), with a 5.3% share of total exports.

What is the average export price for mercury in South Africa?

In 2021, the average mercury export price amounted to $56,498 per ton, rising by 90% against the previous year.

What is the average import price for mercury in South Africa?

The average mercury import price stood at $53,399 per ton in 2021, increasing by 7.6% against the previous year.

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

South Africa

Data coverage:

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