Overview of the Global Market for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Market Size for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

In 2023, after two years of growth, there was significant decline in the global market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, when its value decreased by X% to $X. Overall, the total consumption indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

In value terms, alkali and rare earth metals production expanded notably to $X in 2023 estimated in export price. In general, production continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Exports

In 2023, global exports of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury declined to X tons, reducing by X% on the previous year's figure. Overall, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, alkali and rare earth metals exports reduced to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum at $X in 2022, and then reduced in the following year.

Exports by Country

In 2023, China (X tons) represented the major exporter of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, mixing up X% of total exports. France (X tons) held the second position in the ranking, followed by Nigeria (X tons) and Vietnam (X tons). All these countries together held near X% share of total exports. The following exporters - the United States (X tons), Russia (X tons), the Netherlands (X tons) and Bahrain (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, France (X%), Bahrain (X%), Nigeria (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Russia and the Netherlands experienced a relatively flat trend pattern. By contrast, the United States (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), France (X p.p.), Nigeria (X p.p.), Vietnam (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of the United States (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest alkali and rare earth metals supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and France (X% per year).

Export Prices by Country

The average export price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury stood at $X per ton in 2023, dropping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other global leaders experienced more modest paces of growth.

Imports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Imports

After two years of growth, supplies from abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Global imports peaked at X tons in 2022, and then declined in the following year.

In value terms, alkali and rare earth metals imports fell to $X in 2023. Over the period under review, imports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

The purchases of the three major importers of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, namely Malaysia, the United States and India, represented more than third of total import. It was distantly followed by Germany (X tons), Japan (X tons), Vietnam (X tons) and France (X tons), together achieving a X% share of total imports. The following importers - Belgium (X tons), the Netherlands (X tons), Canada (X tons), Sudan (X tons), Russia (X tons) and Turkey (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of global imports.

Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury stood at $X per ton in 2023, waning by X% against the previous year. Overall, import price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, alkali and rare earth metals import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform