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

Contents:

1. Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Thailand (FOB) - 2023
2. Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Thailand (CIF) - 2022
3. Exports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Thailand
4. Imports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Thailand

Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Thailand (FOB) - 2023

The average export price for compounds, inorganic or organic, of mercury, excluding amalgamses stood at $559 per ton in November 2023, shrinking by -12.8% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 216% month-to-month. As a result, the export price attained the peak level of $1,108 per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($2,859 per ton), while the average price for exports to Cambodia ($137 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2,647.2%), 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 Thailand (CIF) - 2022

The average import price for compounds, inorganic or organic, of mercury, excluding amalgamses stood at $47,520 per ton in 2022, increasing by 54% against the previous year. In general, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 317%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 France ($180,750 per ton), while the price for Japan ($14,437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+49.8%), 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 Thailand

In 2022, shipments abroad of compounds, inorganic or organic, of mercury, excluding amalgamses was finally on the rise to reach 1.1K tons after two years of decline. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of compounds, inorganic or organic, of mercury, excluding amalgamses surged to $2.3M in 2022. Overall, exports, however, saw a relatively flat trend pattern.

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

1. Cambodia (705.5 tons)
2. Philippines (205.7 tons)
3. Vietnam (128.0 tons)
4. Nepal (40.2 tons)

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

In 2022, overseas purchases of compounds, inorganic or organic, of mercury, excluding amalgamses decreased by -2.9% to 9.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2020 with an increase of 238%. As a result, imports attained the peak of 29 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of compounds, inorganic or organic, of mercury, excluding amalgamses soared to $442K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 97% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

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

1. United States (8.6 tons)
2. Japan (0.1 tons)

Source: IndexBox Market Intelligence Platform