CIS: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in CIS

The CIS organo-sulphur compound market rose rapidly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Organo-Sulphur Compound Production in CIS

In value terms, organo-sulphur compound production totaled $X in 2022 estimated in export price. Overall, production showed a perceptible downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Organo-Sulphur Compound Exports

Exports in CIS

In 2022, overseas shipments of organo-sulphur compounds increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated a slight increase 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 2020 indices. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, organo-sulphur compound exports reached $X in 2022. Overall, exports, however, saw a mild curtailment. 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 reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia represented the key exporter of organo-sulphur compounds in the CIS, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Uzbekistan (X tons) ranks second in terms of the total exports with an X% share, followed by Belarus (X%). Kazakhstan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of exports of organo-sulphur compounds. At the same time, Uzbekistan (X.4%), Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X.4% from 2012-2022. While the share of Uzbekistan (X p.p.), Belarus (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest organo-sulphur compound supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports. It was followed by Belarus, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a pronounced contraction. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Organo-Sulphur Compound Imports

Imports in CIS

In 2022, organo-sulphur compound imports in the CIS surged to X tons, picking up by X% compared with the previous year. Overall, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, organo-sulphur compound imports totaled $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Russia was the key importer of organo-sulphur compounds in the CIS, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), Kazakhstan (X tons) and Belarus (X tons), together committing a X% share of total imports. The following importers - Azerbaijan (X tons), Kyrgyzstan (X tons) and Armenia (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to organo-sulphur compound imports into Russia stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Azerbaijan (X%), Kazakhstan (X%) and Armenia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Belarus experienced a relatively flat trend pattern. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.), Russia (X p.p.) and Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported organo-sulphur compounds in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform