Asia: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Asia

The Asian sulphides of non-metals market surged to $X in 2021, growing by 15% against the previous year. In general, consumption, however, recorded a noticeable decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Sulphides Of Non-Metals Production in Asia

In value terms, sulphides of non-metals production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by 34%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Sulphides Of Non-Metals Exports

Exports in Asia

In 2021, exports of sulphides of non-metals and commercial phosphorus trisulphide in Asia stood at X tons, with an increase of 13% on the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 55% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, sulphides of non-metals exports surged to $X in 2021. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 78% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2021, China (X tons) was the largest exporter of sulphides of non-metals and commercial phosphorus trisulphide, creating 42% of total exports. Japan (X tons) held the second position in the ranking, followed by Thailand (X tons), Indonesia (X tons), India (X tons) and Singapore (X tons). All these countries together took near 56% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to sulphides of non-metals exports from China stood at -2.4%. At the same time, Thailand (+232.5%), Singapore (+36.8%), India (+11.5%) and Indonesia (+7.6%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of +232.5% from 2012-2021. By contrast, Japan (-8.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Thailand, India, Indonesia and Singapore increased by +13, +5.3, +5.1 and +4.8 percentage points, respectively.

In value terms, Singapore ($X), China ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 89% share of total exports.

Singapore, with a CAGR of +33.1%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, growing by 18% against the previous year. Overall, the export price showed buoyant growth. The pace of growth was the most pronounced in 2020 when the export price increased by 29% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the other leaders experienced a decline in the export price figures.

Sulphides Of Non-Metals Imports

Imports in Asia

In 2021, approx. X tons of sulphides of non-metals and commercial phosphorus trisulphide were imported in Asia; jumping by 22% on the year before. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 33% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, sulphides of non-metals imports surged to $X in 2021. Over the period under review, imports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2018 when imports increased by 46% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Indonesia (X tons), Singapore (X tons) and Israel (X tons) was the major importer of sulphides of non-metals and commercial phosphorus trisulphide in Asia, creating 72% of total import. It was distantly followed by Japan (X tons), Taiwan (Chinese) (X tons), India (X tons) and Kazakhstan (X tons), together constituting a 26% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Singapore (with a CAGR of +30.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported sulphides of non-metals and commercial phosphorus trisulphide in Asia, comprising 48% of total imports. The second position in the ranking was held by Indonesia ($X), with a 17% share of total imports. It was followed by Israel, with an 8.3% share.

In Singapore, sulphides of non-metals imports expanded at an average annual rate of +29.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (+2.2% per year) and Israel (+3.2% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, rising by 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2020 when the import price increased by 13%. Over the period under review, import prices reached the maximum in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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