Report Update Nov 1, 2024

Eastern Asia - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Sulphur Market 2024

Sulphur Market Size in Eastern Asia

The East Asian sulphur market fell notably to $X in 2022, declining by -24.4% against the previous year. Overall, consumption recorded a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sulphur Production in Eastern Asia

In value terms, sulphur production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight descent. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Sulphur Exports

Exports in Eastern Asia

In 2022, approx. X tons of sulphur were exported in Eastern Asia; rising by 72% against 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 986% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sulphur exports surged to $X in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,203% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Japan prevails in exports structure, resulting at X tons, which was near 97% of total exports in 2022. South Korea (X tons) took a minor share of total exports.

Japan was also the fastest-growing in terms of the sulphur exports, with a CAGR of +44.5% from 2012 to 2022. At the same time, South Korea (+3.4%) displayed positive paces of growth. While the share of Japan (+48 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (-37.6 p.p.) displayed negative dynamics.

In value terms, Japan ($X) remains the largest sulphur supplier in Eastern Asia, comprising 97% of total exports. The second position in the ranking was taken by South Korea ($X), with a 2.2% share of total exports.

In Japan, sulphur exports expanded at an average annual rate of +45.3% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the export price increased by 20%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.6%).

Sulphur Imports

Imports in Eastern Asia

In 2022, the amount of sulphur imported in Eastern Asia dropped remarkably to X tons, waning by -64.5% against the previous year. Overall, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 152%. As a result, imports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, sulphur imports soared to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 172%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The purchases of the one major importers of sulphur, namely China, represented more than two-thirds of total import.

China was also the fastest-growing in terms of the sulphur imports, with a CAGR of -3.7% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sulphur in Eastern Asia.

In China, sulphur imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, rising by 294% against the previous year. Overall, the import price continues to indicate a tangible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur in Eastern Asia?

China constituted the country with the largest volume of sulphur consumption, comprising approx. 91% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold.

What are the largest producers of sulphur in Eastern Asia?

China constituted the country with the largest volume of sulphur production, accounting for 73% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, South Korea, fivefold.

What are the leading suppliers of sulphur in Eastern Asia?

In value terms, the largest sulphur supplying countries in Eastern Asia were South Korea, Japan and Taiwan Chinese), with a combined 100% share of total exports.

What are the leading importers of sulphur in Eastern Asia?

In value terms, China constitutes the largest market for imported sulphur in Eastern Asia.

What is the average export price for sulphur in Eastern Asia?

The export price in Eastern Asia stood at $115 per ton in 2021, stabilizing at the previous year.

What is the average import price for sulphur in Eastern Asia?

In 2021, the import price in Eastern Asia amounted to $78 per ton, surging by 9.7% against the previous year.

This report provides an in-depth analysis of the sulphur market in Eastern Asia. 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:

Country coverage:

China
Hong Kong SAR
Macao SAR
Japan
South Korea
Taiwan (Chinese)
Democratic People's Republic of Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Eastern Asia, split by region and country
Trade (exports and imports) in Eastern Asia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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
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