Estonia: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2025

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Estonia

The Estonian sulphides, dithionites and sulphoxylates market skyrocketed to $X in 2022, surging by 17% against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Estonia

In value terms, sulphides, dithionites and sulphoxylates production expanded to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 17%. Sulphides, dithionites and sulphoxylates production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Estonia

In 2022, sulphides, dithionites and sulphoxylates exports from Estonia surged to X tons, with an increase of 35,730% compared with the previous year's figure. In general, exports recorded a significant increase. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports skyrocketed to $X in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from Estonia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to -2.3%.

In value terms, Russia ($X) also remains the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from Estonia.

From 2012 to 2022, the average annual growth rate of value to Russia was relatively modest.

Export Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, surging by 47% against the previous year. In general, the export price enjoyed a mild increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 193%. The export price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +3.0% per year.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Estonia

In 2022, supplies from abroad of sulphides, polysulphides, dithionites and sulphoxylates increased by 304% to X tons, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 1,004% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sulphides, dithionites and sulphoxylates imports skyrocketed to $X in 2022. Overall, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 106% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons) and Belgium (X tons) were the main suppliers of sulphides, dithionites and sulphoxylates imports to Estonia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +46.5%).

In value terms, the largest sulphides, dithionites and sulphoxylates suppliers to Estonia were China ($X) and Belgium ($X).

Among the main suppliers, Belgium, with a CAGR of +46.2%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, dropping by -53.7% against the previous year. Over the period under review, the import price faced a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 455% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%).

Source: IndexBox Platform