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Report Update Nov 1, 2024

CIS - Thiosulphates - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Thiosulphates Market 2024

Thiosulphates Market Size in CIS

The CIS thiosulphates market skyrocketed to $X in 2021, picking up by 59% against the previous year. Overall, consumption showed a perceptible expansion. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in the immediate term.

Thiosulphates Production in CIS

In value terms, thiosulphates production surged to $X in 2021 estimated in export price. In general, production showed a significant expansion. The growth pace was the most rapid in 2019 when the production volume increased by 63,394%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Thiosulphates Exports

Exports in CIS

In 2021, thiosulphates exports in the CIS soared to X tons, jumping by 113% compared with the year before. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 297%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, thiosulphates exports surged to $X in 2021. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2019 with an increase of 248%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

Russia (X tons) represented roughly 99.9% of total exports in 2021.

Russia was also the fastest-growing in terms of the thiosulphates exports, with a CAGR of +30.8% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest thiosulphates supplier in the CIS.

In Russia, thiosulphates exports increased at an average annual rate of +20.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, shrinking by -20.9% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2016 when the export price increased by 14%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -8.1% per year.

Thiosulphates Imports

Imports in CIS

In 2021, supplies from abroad of thiosulphates increased by 29% to X tons, rising for the fifth consecutive year after three years of decline. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 131% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, thiosulphates imports soared to $X in 2021. Over the period under review, imports saw a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of 110%. Over the period under review, imports attained the peak figure at $X in 2013; afterwards, it flattened through to 2021.

Imports by Country

Belarus represented the largest importing country with an import of about X tons, which recorded 56% of total imports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Russia (X tons). All these countries together took near 37% share of total imports. Moldova (X tons) and Uzbekistan (X tons) held a little share of total imports.

Imports into Belarus increased at an average annual rate of +40.5% from 2012 to 2021. At the same time, Moldova (+58.3%) and Uzbekistan (+1.6%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +58.3% from 2012-2021. Kazakhstan experienced a relatively flat trend pattern. By contrast, Russia (-9.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belarus, Moldova and Uzbekistan increased by +52, +3.5 and +2.6 percentage points, respectively.

In value terms, Belarus ($X) constitutes the largest market for imported thiosulphates in the CIS, comprising 52% of total imports. The second position in the ranking was taken by Russia ($X), with a 22% share of total imports. It was followed by Kazakhstan, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Belarus stood at +38.6%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (-7.4% per year) and Kazakhstan (-11.5% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, falling by -9.6% against the previous year. Over the period under review, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 an increase of 8.1%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Russia remains the largest thiosulphates consuming country in the CIS, accounting for 90% of total volume. Moreover, thiosulphates consumption in Russia exceeded the figures recorded by the second-largest consumer, Belarus, more than tenfold. Tajikistan ranked third in terms of total consumption with a 2.3% share.
Russia constituted the country with the largest volume of thiosulphates production, comprising approx. 95% of total volume. It was followed by Tajikistan, with a 2.4% share of total production.
In value terms, Russia remains the largest thiosulphates supplier in the CIS.
In value terms, Belarus, Russia and Uzbekistan appeared to be the countries with the highest levels of imports in 2020, together comprising 83% of total imports.
The thiosulphates export price in the CIS stood at $444 per ton in 2020, declining by -4.3% against the previous year.
The thiosulphates import price in the CIS stood at $493 per ton in 2020, standing approx. at the previous year.

This report provides an in-depth analysis of the thiosulphates market in CIS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20134135 - Thiosulphates

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in CIS, split by region and country
  • Trade (exports and imports) in CIS
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Armenia
    • Azerbaijan
    • Belarus
    • Kazakhstan
    • Kyrgyzstan
    • Moldova
    • Russia
    • Tajikistan
    • Uzbekistan
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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