EU: Sulphonamides Market 2024

Sulphonamides Market Size in the EU

The EU sulphonamides market amounted to $X in 2021, picking up by 12% against the previous year. The total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +23.3% against 2019 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Sulphonamides Production in the EU

In value terms, sulphonamides production fell to $X in 2021 estimated in export price. Over the period under review, production saw a deep contraction. The growth pace was the most rapid in 2020 when the production volume increased by 34% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Sulphonamides Exports

Exports in the EU

In 2021, approx. X tons of sulphonamides were exported in the European Union; falling by -5.6% against 2020 figures. Overall, exports, however, showed a slight increase. The pace of growth appeared the most rapid in 2018 with an increase of 78%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, sulphonamides exports reduced to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -20.0% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by 38% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Belgium (X tons) and the Netherlands (X tons) represented the largest exporters of sulphonamides in the European Union, together comprising 67% of total exports. It was distantly followed by Germany (X tons), achieving a 14% share of total exports. The following exporters - France (X tons), Poland (X tons), Italy (X tons) and Spain (X tons) - together made up 14% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +15.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sulphonamides supplying countries in the European Union were Belgium ($X), France ($X) and Germany ($X), together comprising 24% of total exports. These countries were followed by Italy, Spain, the Netherlands and Poland, which together accounted for a further 6.8%.

Poland, with a CAGR of +11.8%, 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, which is down by -4.4% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The pace of growth appeared the most rapid in 2019 an increase of 128%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.2%), while the other leaders experienced more modest paces of growth.

Sulphonamides Imports

Imports in the EU

Sulphonamides imports rose significantly to X tons in 2021, picking up by 13% compared with the previous year. In general, imports showed perceptible growth. The growth pace was the most rapid in 2017 when imports increased by 97% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, sulphonamides imports surged to $X in 2021. Overall, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 166% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons), the Netherlands (X tons), Spain (X tons) and France (X tons) represented the key importer of sulphonamides in the European Union, generating 71% of total import. Belgium (X tons) ranks next in terms of the total imports with a 6.7% share, followed by Italy (6.2%). The following importers - Poland (X tons) and the Czech Republic (X tons) - together made up 5.9% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +13.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Belgium ($X) and France ($X) were the countries with the highest levels of imports in 2021, together comprising 58% of total imports.

Spain, with a CAGR of +46.2%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, picking up by 22% against the previous year. Over the period under review, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 147% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+32.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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