Report Update Nov 1, 2024

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

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Thailand: Mercury Market 2024

Mercury Market Size in Thailand

In 2021, the Thai mercury market decreased by 0% to less than $X, falling for the second consecutive year after three years of growth. In general, consumption, however, posted a prominent expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Mercury Production in Thailand

In value terms, mercury production totaled $X in 2021 estimated in export price. Overall, production showed a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 22%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Mercury Exports

Exports from Thailand

In 2019, shipments abroad of mercuries decreased by -73.1% to X tons, falling for the third year in a row after three years of growth. In general, exports saw a slight slump. The most prominent rate of growth was recorded in 2014 with an increase of 2,600% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

In value terms, mercury exports fell rapidly to $X in 2019. Overall, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 4,037%. The exports peaked at $X in 2018, and then dropped significantly in the following year.

Exports by Country

India (X tons) was the main destination for mercury exports from Thailand, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to India totaled -48.2%.

In value terms, India ($X) also remains the key foreign market for mercuries exports from Thailand.

From 2012 to 2019, the average annual rate of growth in terms of value to India stood at -26.6%.

Export Prices by Country

The average mercury export price stood at $X per ton in 2019, with a decrease of -3.2% against the previous year. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 85% against the previous year. The export price peaked at $X per ton in 2018, and then reduced modestly in the following year.

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

From 2012 to 2019, the rate of growth in terms of prices for India amounted to +41.7% per year.

Mercury Imports

Imports into Thailand

For the fourth year in a row, Thailand recorded decline in supplies from abroad of mercuries, which decreased by 0% to X kg in 2019. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 140% against the previous year. As a result, imports attained the peak of X kg. From 2016 to 2019, the growth of imports failed to regain momentum.

In value terms, mercury imports amounted to $X in 2019. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 39% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

Imports by Country

In 2019, Japan (X kg) was the main supplier of mercury to Thailand, accounting for a approx. 100% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Japan totaled +18.3%.

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

From 2012 to 2019, the average annual growth rate of value from Japan stood at +39.7%.

Import Prices by Country

The average mercury import price stood at $X per ton in 2019, stabilizing at the previous year. In general, the import price continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2016 an increase of 275%. The import price peaked at $X per ton in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Japan amounted to +18.1% 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 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 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 third position in this ranking was occupied by the United States, with a 6.6% share.

What are the leading suppliers of mercury to Thailand?

In value terms, the UK constituted the largest supplier of mercury to Thailand.

What are the leading importers of mercury from Thailand?

In value terms, India remains the key foreign market for mercury exports from Thailand, comprising 73% of total exports. The second position in the ranking was occupied by the Netherlands, with a 16% share of total exports.

What is the average export price for mercury in Thailand?

In 2019, the average mercury export price amounted to $46,276 per ton, jumping by 59% against the previous year.

What is the average import price for mercury in Thailand?

The average mercury import price stood at $239,552 per ton in 2021, standing approx. at the previous year.

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

Thailand

Data coverage:

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