Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India - 2023

Contents:

1. Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India (FOB) - 2022
2. Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India (CIF) - 2022
3. Exports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India
4. Imports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India

Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India (FOB) - 2022

The average export price for compounds, inorganic or organic, of mercury, excluding amalgamses stood at $97,279 per ton in 2022, increasing by 14% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs at $105,472 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($240,333 per ton), while the average price for exports to Nepal ($12,645 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 Malaysia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India (CIF) - 2022

In 2022, the average import price for compounds, inorganic or organic, of mercury, excluding amalgamses amounted to $1,295,867 per ton, shrinking by -2.8% against the previous year. Over the period under review, the import price, however, showed significant growth. The most prominent rate of growth was recorded in 2020 an increase of 332%. Over the period under review, average import prices hit record highs at $1,333,464 per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,319,557 per ton), while the price for China ($814,833 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+208.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India

After three years of growth, shipments abroad of compounds, inorganic or organic, of mercury, excluding amalgamses decreased by -21% to 26 tons in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 33 tons, and then dropped sharply in the following year.

In value terms, exports of compounds, inorganic or organic, of mercury, excluding amalgamses reduced to $2.6M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of $2.8M, and then dropped in the following year.

Top Export Markets for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams from India in 2022:

1. United Arab Emirates (10.3 tons)
2. Nepal (3.6 tons)
3. Argentina (3.6 tons)
4. Germany (1.6 tons)
5. United States (1.4 tons)
6. Taiwan (Chinese) (1.3 tons)
7. Spain (0.9 tons)
8. United Kingdom (0.3 tons)

Imports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in India

In 2022, after two years of decline, there was significant growth in supplies from abroad of compounds, inorganic or organic, of mercury, excluding amalgamses, when their volume increased by 76% to 488 kg. Overall, imports, however, showed a dramatic shrinkage.

In value terms, imports of compounds, inorganic or organic, of mercury, excluding amalgamses surged to $632K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams to India in 2022:

1. Germany (433.0 kg)
2. China (36.0 kg)
3. United States (14.0 kg)

Source: IndexBox Market Intelligence Platform