United Kingdom - Mercury - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 16, 2024

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

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Mercury Price in the UK - 2023

Contents:

  1. Mercury Price in the UK (FOB) - 2022
  2. Mercury Price in the UK (CIF) - 2022
  3. Mercury Exports in the UK
  4. Mercury Imports in the UK

Mercury Price in the UK (FOB) - 2022

The average mercury export price stood at $8,011 per ton in 2022, which is down by -94.4% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 1,165% against the previous year. Over the period under review, the average export prices reached the maximum at $151,375 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($18,398 per ton), while the average price for exports to Australia ($1,170 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.7%), while the prices for the other major destinations experienced a decline.

Mercury Price in the UK (CIF) - 2022

The average mercury import price stood at $57,203 per ton in 2022, declining by -92% against the previous year. In general, the import price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 1,619% against the previous year. As a result, import price reached the peak level of $716,273 per ton, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($264,260 per ton), while the price for Germany ($20,342 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Mercury Exports in the UK

For the fourth consecutive year, the UK recorded growth in overseas shipments of mercuries, which increased by 2,376% to 3.1 tons in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mercury exports surged to $25K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 558%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Mercury in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.51.8N/A14.4206.5%
JapanN/AN/A3.16.093.5%
South AfricaN/AN/AN/A2.90%
AustraliaN/AN/AN/A1.80%
PolandN/AN/A9.4N/A0%
Others1.91.05.6N/A71.7%
Total2.42.718.025.2119.0%

Top Export Markets for Mercury from the UK in 2022:

  1. Australia (1568.0 kg)
  2. Germany (784.0 kg)
  3. Japan (635.0 kg)
  4. South Africa (157.0 kg)

Mercury Imports in the UK

After two years of decline, supplies from abroad of mercuries increased by 5,900% to 660 kg in 2022. In general, imports, however, saw a sharp reduction.

In value terms, mercury imports skyrocketed to $38K in 2022. Overall, imports, however, continue to indicate a dramatic decrease.

Import of Mercury in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.54.40.29.829.6%
JapanN/AN/AN/A7.50%
South AfricaN/AN/AN/A7.20%
AustraliaN/AN/AN/A4.80%
ChinaN/AN/AN/A4.30%
ItalyN/AN/AN/A1.10%
Belgium4.015.5N/AN/A287.5%
Austria102N/AN/AN/A0%
OthersN/A7.47.73.0-36.3%
Total11127.37.937.8-30.2%

Top Suppliers of Mercury to the UK in 2022:

  1. Germany (482.0 kg)
  2. South Africa (51.0 kg)
  3. Japan (49.0 kg)
  4. Italy (38.0 kg)
  5. Australia (20.0 kg)
  6. China (16.0 kg)

Source: IndexBox Market Intelligence Platform

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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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