Eastern Europe: Sulphur Market 2024

Sulphur Market Size in Eastern Europe

The East European sulphur market rose remarkably to $X in 2021, surging by 7.9% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Sulphur Production in Eastern Europe

In value terms, sulphur production totaled $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Sulphur Exports

Exports in Eastern Europe

In 2021, the amount of sulphur (sublimed or precipitated) and colloidal sulphur exported in Eastern Europe reduced modestly to X tons, approximately reflecting the year before. Over the period under review, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2014 with an increase of 40% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, sulphur exports soared to $X in 2021. Overall, exports recorded a abrupt shrinkage. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia was the largest exporting country with an export of about X tons, which finished at 86% of total exports. It was distantly followed by Poland (X tons), generating a 13% share of total exports.

Slovakia experienced a relatively flat trend pattern with regard to volume of exports of sulphur (sublimed or precipitated) and colloidal sulphur. Poland (-10.2%) illustrated a downward trend over the same period. While the share of Slovakia (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Poland (-15.3 p.p.) displayed negative dynamics.

In value terms, Slovakia ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2021.

Poland, with a CAGR of -7.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, rising by 41% against the previous year. In general, the export price, however, continues to indicate a deep slump. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Slovakia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.0%).

Sulphur Imports

Imports in Eastern Europe

In 2021, purchases abroad of sulphur (sublimed or precipitated) and colloidal sulphur decreased by -14.7% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp curtailment. The growth pace was the most rapid in 2019 with an increase of 122%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sulphur imports soared to $X in 2021. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by 62% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Czech Republic represented the main importing country with an import of about X tons, which recorded 70% of total imports. It was distantly followed by Poland (X tons), Slovakia (X tons) and Romania (X tons), together achieving a 25% share of total imports. Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to sulphur imports into the Czech Republic stood at -25.3%. At the same time, Moldova (+50.9%) and Poland (+39.4%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +50.9% from 2012-2021. By contrast, Slovakia (-11.1%) and Romania (-19.9%) illustrated a downward trend over the same period. Poland (+13 p.p.), Slovakia (+4.5 p.p.), Moldova (+2.2 p.p.) and Romania (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic saw its share reduced by -23% from 2012 to 2021, respectively.

In value terms, the Czech Republic ($X) constitutes the largest market for imported sulphur (sublimed or precipitated) and colloidal sulphur in Eastern Europe, comprising 78% of total imports. The second position in the ranking was held by Romania ($X), with an 8.6% share of total imports. It was followed by Poland, with a 6.6% share.

In the Czech Republic, sulphur imports plunged by an average annual rate of -5.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Romania (-15.0% per year) and Poland (+37.3% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, increasing by 49% against the previous year. In general, the import price continues to indicate significant growth. The growth pace was the most rapid in 2013 when the import price increased by 218%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+26.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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