In 2023, China dominated global mercury production with a 94.6% share, continuing its role as the leading producer. Tajikistan and Mexico followed with 2.7% and 2.19%, respectively. Most other countries, including Argentina, Peru, Norway, and Morocco, held minimal shares, all below 1.3%. Recent trends indicate a 3.68% growth for China and a 4.23% increase for Tajikistan, contrasting with Mexico's significant decline of 15.64% and Morocco’s drop by 19.73%. The five-year compound annual growth rate suggests a concentration of production and potential contraction in smaller markets.
Future trends to watch include China's potential policies affecting its production dominance and the impact of global regulations on mercury usage. Increased efficiency innovations and environmental concerns may shift production shares and potentially alter export and consumption patterns worldwide.
Top countries in Mercury Production Share by Country (Metric Tons)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 94.6 | 2023 | +3.75% | +3.68% | View data |
| 2 | 2 Tajikistan | 2.7 | 2023 | +4.24% | +4.23% | View data |
| 3 | 3 Mexico | 2.19 | 2023 | -4.76% | -15.64% | View data |
| 4 | 4 Argentina | 1.23 | 2023 | +1.82% | +2.29% | View data |
| 5 | 5 Peru | 0.8 | 2023 | -2.05% | -1.87% | View data |
| 6 | 6 Norway | 0.42 | 2023 | 0% | -1.02% | View data |
| 7 | 7 Morocco | 0.022 | 2023 | 0% | -19.73% | View data |