Report Update Nov 1, 2024

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

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Turkey: Mercury Market 2024

Mercury Market Size in Turkey

The Turkish mercury market reduced modestly to $X in 2021, standing approx. at the previous year. Overall, consumption, however, recorded a pronounced reduction. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Mercury Production in Turkey

In value terms, mercury production dropped modestly to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by 23% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Mercury Exports

Exports from Turkey

In 2021, overseas shipments of mercuries decreased by -3.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 2,673%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, mercury exports declined to $X in 2021. In general, exports, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 3,687% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Azerbaijan (X tons), Chad (X tons) and India (X tons) were the main destinations of mercury exports from Turkey, with a combined 99.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Chad (with a CAGR of +36.3%), while shipments for the other leaders experienced a decline.

In value terms, India ($X), Azerbaijan ($X) and Chad ($X) appeared to be the largest markets for mercury exported from Turkey worldwide, with a combined 99.9% share of total exports.

In terms of the main countries of destination, Chad, with a CAGR of +37.7%, recorded 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, dropping by -6.6% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 70%. The export price peaked at $X per ton in 2015; however, from 2016 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 India ($X per ton), while the average price for exports to Azerbaijan ($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 the United Arab Emirates (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mercury Imports

Imports into Turkey

In 2021, purchases abroad of mercuries was finally on the rise to reach X tons after three years of decline. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 1,299% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, mercury imports shrank to $X in 2021. In general, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 339% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Switzerland (X tons) was the main mercury supplier to Turkey, accounting for a 95% share of total imports. Moreover, mercury imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Switzerland stood at +74.5%.

In value terms, Switzerland ($X) constituted the largest supplier of mercuries to Turkey, comprising 92% of total imports. The second position in the ranking was taken by Germany ($X), with a 5.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Switzerland amounted to +49.9%.

Import Prices by Country

The average mercury import price stood at $X per ton in 2021, waning by -91.5% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 1,011%. As a result, import price attained the peak level of $X per ton, and then shrank significantly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Switzerland amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+131.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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?

The country with the largest volume of mercury production was China, comprising approx. 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 Turkey?

In value terms, Switzerland constituted the largest supplier of mercury to Turkey, comprising 67% of total imports. The second position in the ranking was occupied by the United States, with a 27% share of total imports. It was followed by India, with a 2.6% share.

What are the leading importers of mercury from Turkey?

In value terms, Sudan, Togo and Guyana appeared to be the largest markets for mercury exported from Turkey worldwide, together accounting for 73% of total exports. India, Azerbaijan and Chad lagged somewhat behind, together comprising a further 19%.

What is the average export price for mercury in Turkey?

The average mercury export price stood at $40,427 per ton in 2021, dropping by -6.6% against the previous year.

What is the average import price for mercury in Turkey?

The average mercury import price stood at $42,332 per ton in 2021, waning by -35.8% against the previous year.

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

Turkey

Data coverage:

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