Eastern Europe: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Eastern Europe

The East European organo-sulphur compound market totaled $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. 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 Eastern Europe

In value terms, organo-sulphur compound production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Organo-Sulphur Compound Exports

Exports in Eastern Europe

In 2022, shipments abroad of organo-sulphur compounds increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, organo-sulphur compound exports stood at $X in 2022. Over the period under review, exports, however, showed a slight downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia was the key exporting country with an export of about X tons, which finished at X% of total exports. Poland (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Bulgaria (X%), Belarus (X%) and Hungary (X%). The following exporters - Lithuania (X tons) and Slovakia (X tons) - each reached a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of organo-sulphur compounds. At the same time, Hungary (X%), Poland (X%), Belarus (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Lithuania (X%) and Slovakia (X%) illustrated a downward trend over the same period. Poland (X p.p.), Hungary (X p.p.), Belarus (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while Slovakia and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest organo-sulphur compound supplying countries in Eastern Europe were Russia ($X), Hungary ($X) and Poland ($X), with a combined X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Organo-Sulphur Compound Imports

Imports in Eastern Europe

In 2022, imports of organo-sulphur compounds in Eastern Europe expanded slightly to X tons, increasing by X% against 2021. Total imports indicated a strong expansion 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, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by 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 expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Russia (X tons) represented the major importer of organo-sulphur compounds, making up X% of total imports. Poland (X tons) took the second position in the ranking, distantly followed by Hungary (X tons), Ukraine (X tons) and Romania (X tons). All these countries together took approx. X% share of total imports. The following importers - the Czech Republic (X tons) and Belarus (X tons) - each recorded an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compound importing markets in Eastern Europe were Russia ($X), Poland ($X) and Hungary ($X), with a combined X% share of total imports.

In terms of the main importing countries, Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, 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 Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform