
China - Sulphur - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina's Sulphur Imports Dive to $1.1 Billion in 2023
China Sulphur Imports
After three years of decline, overseas purchases of sulphur increased by 16% to 8.8M tons in 2023. Over the period under review, imports, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 17% against the previous year. Imports peaked at 12M tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.
In value terms, sulphur imports shrank rapidly to $1.1B (IndexBox estimates) in 2023. In general, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 143% against the previous year. Imports peaked at $2.3B in 2022, and then fell remarkably in the following year.
COUNTRY | Import Value of Sulphur in China (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Canada | 106 | 81.3 | 119 | 83.7 | 103 | 121 | 114 | 25.7 | 87.3 | 218 | 166 |
United Arab Emirates | 153 | 74.3 | 229 | 179 | 203 | 273 | 235 | 161 | 246 | 310 | 149 |
South Korea | 122 | 151 | 172 | 109 | 108 | 154 | 115 | 53.7 | 156 | 272 | 114 |
Saudi Arabia | 230 | 302 | 373 | 257 | 267 | 332 | 193 | 75.0 | 244 | 211 | 111 |
Qatar | 94.2 | 103 | 105 | 66.6 | 115 | 148 | 168 | 39.3 | 95.2 | 72.6 | 93.1 |
Iran | 123 | 211 | 196 | 90.8 | 137 | 140 | 136 | 66.5 | 138 | 244 | 87.6 |
Kuwait | 41.4 | 32.4 | 32.1 | 25.1 | 21.0 | 45.3 | 24.4 | 17.4 | 55.4 | 110 | 82.8 |
Japan | 138 | 153 | 146 | 98.3 | 104 | 135 | 92.5 | 41.0 | 102 | 209 | 77.4 |
Others | 412 | 475 | 406 | 248 | 177 | 304 | 234 | 125 | 344 | 663 | 240 |
Total | 1,419 | 1,582 | 1,778 | 1,158 | 1,235 | 1,651 | 1,311 | 604 | 1,469 | 2,309 | 1,121 |
Imports by Country
Canada (1.2M tons), South Korea (1.1M tons) and the United Arab Emirates (1.1M tons) were the main suppliers of sulphur imports to China, together accounting for 39% of total imports. Saudi Arabia, Japan, Qatar, Iran and Kuwait lagged somewhat behind, together comprising a further 40%.
From 2013 to 2023, the biggest increases were recorded for Kuwait (with a CAGR of +7.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Canada ($166M), the United Arab Emirates ($149M) and South Korea ($114M) were the largest sulphur suppliers to China, together accounting for 38% of total imports. Saudi Arabia, Qatar, Iran, Kuwait and Japan lagged somewhat behind, together accounting for a further 40%.
Kuwait, with a CAGR of +7.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2023, the sulphur price stood at $127 per ton (CIF, China), declining by -58% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 143%. Over the period under review, average import prices attained the peak figure at $302 per ton in 2022, and then shrank rapidly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Kazakhstan ($143 per ton) and Iran ($137 per ton), while the price for Japan ($98 per ton) and South Korea ($100 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the sulphur market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024