Mercury

In 2024, mercury trade exhibited significant decline, with global flows reaching $25,849,085 and a three-year compound annual growth rate of -8.3% (five-year: -7.2%). The all-time peak of $162,749,652 was recorded in 2012; the current level is 84% below that high-water mark.

Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+1.0% acceleration).

The World Trade Flows Characterization classifies mercury as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.323). The three largest exporters — United Arab Emirates ($32.5M), Tajikistan ($28.1M), and Kyrgyzstan ($9.8M) — collectively dominate supply flows. The leading exporter has grown at +5.6% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.163). The three largest import markets are Tajikistan ($9.4M), South Africa ($7.2M), and Togo ($6.0M). The largest importing market sources from 1 different supplying countries.

The dominant trade corridor is Tajikistan → United Arab Emirates at $22.7M, representing 100.0% of the importer's total demand.

The volatility score for mercury is 32 out of 100, classified as low. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.