Asia: Sulphur Trioxide Market 2020

Sulphur Trioxide Market Size in Asia

The revenue of the sulphur trioxide market in Asia amounted to $X in 2017, rising by X% against the previous year. The sulphur trioxide consumption continues to indicate a deep decline. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. In that year, the sulphur trioxide market attained their peak level of $X. From 2011 to 2017, growth of the sulphur trioxide market failed to regain its momentum.

Sulphur Trioxide Production in Asia

In 2017, production of sulphur trioxide (sulphuric anhydride) in Asia totaled X cubic meters, growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2017, when the output figure increased by X% y-o-y. In that year, the sulphur trioxide production attained their peak volume, and is likely to continue its growth in the immediate term.

Sulphur Trioxide Exports in Asia

In 2017, sulphur trioxide exports in Asia totaled X cubic meters, surging by X% against the previous year. The sulphur trioxide exports continue to indicate a prominent growth. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, sulphur trioxide exports stood at $X in 2017. The sulphur trioxide exports continue to indicate a strong growth. Over the period under review, the sulphur trioxide exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Sulphur Trioxide Exports by Country in Asia

China was the largest exporter of sulphur trioxide (sulphuric anhydride) in Asia, with the volume of exports accounting for X cubic meters, which was approx. X% of total exports in 2017. Malaysia (X cubic meters) held a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%) and South Korea (X%). The following exporters - China, Hong Kong SAR (X cubic meters), Taiwan, Chinese (X cubic meters) and Thailand (X cubic meters) together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%), Malaysia (+X%), Taiwan, Chinese (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. Japan (X%) significantly strengthened its position in terms of the global exports, while Thailand, Taiwan, Chinese, China, Hong Kong SAR, Malaysia and China saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Taiwan, Chinese ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports. South Korea, Malaysia, China, Hong Kong SAR and Thailand lagged somewhat behind, together comprising a further X%.

Malaysia (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Sulphur Trioxide Export Prices by Country in Asia

In 2017, the sulphur trioxide export price in Asia amounted to $X per thousand cubic meters, rising by X% against the previous year. The sulphur trioxide export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, an increase of X% year-to-year. In that year, the export prices for sulphur trioxide (sulphuric anhydride) reached their peak level of $X per thousand cubic meters. From 2014 to 2017, growth of the export prices for sulphur trioxide (sulphuric anhydride) failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Taiwan, Chinese ($X per thousand cubic meters), while China ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Sulphur Trioxide Imports in Asia

In 2017, sulphur trioxide imports in Asia totaled X cubic meters, surging by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the sulphur trioxide imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, sulphur trioxide imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the sulphur trioxide imports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Sulphur Trioxide Imports by Country in Asia

In 2017, China (X cubic meters), distantly followed by Japan (X cubic meters), Malaysia (X cubic meters), Taiwan, Chinese (X cubic meters), India (X cubic meters) and Indonesia (X cubic meters) were the main importers of sulphur trioxide (sulphuric anhydride), together constituting X% of total imports. The following importers - Turkey (X cubic meters), Saudi Arabia (X cubic meters), China, Hong Kong SAR (X cubic meters), Vietnam (X cubic meters), Singapore (X cubic meters) and the Philippines (X cubic meters) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan, Chinese ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

China (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Sulphur Trioxide Import Prices by Country in Asia

In 2017, the sulphur trioxide import price in Asia amounted to $X per thousand cubic meters, dropping by -X% against the previous year. The sulphur trioxide import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. The level of import price peaked of $X per thousand cubic meters in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Singapore ($X per thousand cubic meters), while Saudi Arabia ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform