Belgium: Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine 2024

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in Belgium

For the third consecutive year, the Belgian market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine recorded decline in sales value, which decreased by -96.7% to $X in 2022. Over the period under review, consumption saw a dramatic descent. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in Belgium

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine declined sharply to $X in 2022 estimated in export price. In general, production saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 137%. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine, when their volume decreased by -29.9% to X tons. Over the period under review, exports showed a slight curtailment. The growth pace was the most rapid in 2020 with an increase of 26%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine reduced notably to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

Hungary (X tons), Germany (X tons) and India (X tons) were the main destinations of exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine from Belgium, together accounting for 44% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +60.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exported from Belgium were Hungary ($X), France ($X) and Austria ($X), with a combined 42% share of total exports.

Hungary, with a CAGR of +50.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine stood at $X per ton in 2022, which is down by -3.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 28% against the previous year. The export price peaked at $X per ton in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports into Belgium

In 2022, purchases abroad of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine decreased by -65% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 392% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine reduced rapidly to $X in 2022. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 429% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine to Belgium, accounting for a 40% share of total imports. Moreover, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was held by France (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+36.3% per year) and France (-13.2% per year).

In value terms, China ($X), Malaysia ($X) and the Netherlands ($X) constituted the largest thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine suppliers to Belgium, together accounting for 70% of total imports.

Malaysia, with a CAGR of +40.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X per ton, reducing by -6.5% against the previous year. Over the period under review, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform