Asia-Pacific: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Asia-Pacific

In 2022, the Asia-Pacific organo-sulphur compound market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Organo-Sulphur Compound Production in Asia-Pacific

In value terms, organo-sulphur compound production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Organo-Sulphur Compound Exports

Exports in Asia-Pacific

In 2022, approx. X tons of organo-sulphur compounds were exported in Asia-Pacific; increasing by X% against the previous year. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, organo-sulphur compound exports soared to $X in 2022. Overall, exports showed pronounced growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

China was the largest exporter of organo-sulphur compounds in Asia-Pacific, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Japan (X tons) and Malaysia (X tons), together committing a X% share of total exports. India (X tons), South Korea (X tons) and Singapore (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to organo-sulphur compound exports from China stood at X%. At the same time, Malaysia (X%), India (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. China (X p.p.), Malaysia (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest organo-sulphur compound supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In China, organo-sulphur compound exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced mixed trends in the export price figures.

Organo-Sulphur Compound Imports

Imports in Asia-Pacific

In 2022, after three years of growth, there was significant decline in overseas purchases of organo-sulphur compounds, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, organo-sulphur compound imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

China represented the largest importer of organo-sulphur compounds in Asia-Pacific, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. India (X tons) took the second position in the ranking, followed by South Korea (X tons), Thailand (X tons), Japan (X tons), Indonesia (X tons) and Australia (X tons). All these countries together held approx. X% share of total imports. Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to organo-sulphur compound imports into China stood at X%. At the same time, Vietnam (X%), India (X%), South Korea (X%), Japan (X%), Indonesia (X%), Thailand (X%) and Australia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of India (X p.p.), South Korea (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported organo-sulphur compounds in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by India, with a X% share.

In China, organo-sulphur compound imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform