Report Update Nov 1, 2024

United Kingdom - Mercury - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Mercury Market 2024

Mercury Market Size in the UK

The UK mercury market was estimated at $X in 2021, increasing by 2.7% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Mercury Production in the UK

In value terms, mercury production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 10%. Mercury production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Mercury Exports

Exports from the UK

In 2021, shipments abroad of mercuries increased by 285% to X kg, rising for the second year in a row after three years of decline. Over the period under review, exports, however, faced a sharp reduction. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, mercury exports surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt setback. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X kg) was the main destination for mercury exports from the UK, with a 73% share of total exports. Moreover, mercury exports to Poland exceeded the volume sent to the second major destination, Switzerland (X kg), fourfold. The third position in this ranking was held by Thailand (X kg), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (0.0% per year) and Thailand (-42.6% per year).

In value terms, Poland ($X) emerged as the key foreign market for mercuries exports from the UK, comprising 52% of total exports. The second position in the ranking was taken by Japan ($X), with a 17% share of total exports. It was followed by Thailand, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (0.0% per year) and Thailand (-4.6% per year).

Export Prices by Country

In 2021, the average mercury export price amounted to $X per ton, rising by 71% against the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2015 when the average export price increased by 1,165%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Switzerland ($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 Denmark (+1,387.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mercury Imports

Imports into the UK

In 2021, supplies from abroad of mercuries decreased by -98.3% to X kg, falling for the second year in a row after two years of growth. Overall, imports saw a significant curtailment. The pace of growth was the most pronounced in 2019 with an increase of 596% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, mercury imports shrank remarkably to $X in 2021. In general, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2018 with an increase of 149%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X kg), the United States (X kg) and Ireland (X kg) were the main suppliers of mercury imports to the UK.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of -30.4%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of mercuries to the UK, comprising 96% of total imports. The second position in the ranking was held by Germany ($X), with a 2.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-43.7% per year) and Ireland (+19.1% per year).

Import Prices by Country

The average mercury import price stood at $X per ton in 2021, rising by 1,619% against the previous year. In general, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+70.7%), 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, 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 United States ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of mercury to the UK?

In value terms, the United States constituted the largest supplier of mercury to the UK, comprising 96% of total imports. The second position in the ranking was occupied by Germany $619), with a 2.6% share of total imports.

What is the average export price for mercury in the UK?

The average mercury export price stood at $11,193 per ton in 2021, waning by -64.8% against the previous year.

What is the average import price for mercury in the UK?

In 2021, the average mercury import price amounted to $40,063 per ton, dropping by -3.9% against the previous year.

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

United Kingdom

Data coverage:

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