EU: Thiosulphates Market 2024

Thiosulphates Market Size in the EU

The EU thiosulphates market reduced to $X in 2021, with a decrease of -8.9% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Thiosulphates Production in the EU

In value terms, thiosulphates production shrank to $X in 2021 estimated in export price. In general, production, however, recorded a buoyant increase. The growth pace was the most rapid in 2018 when the production volume increased by 43% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

Thiosulphates Exports

Exports in the EU

In 2021, thiosulphates exports in the European Union soared to X tons, picking up by 58% against the previous year's figure. Overall, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, thiosulphates exports soared to $X in 2021. Over the period under review, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from France (X tons), Belgium (X tons) and Germany (X tons), together reaching 91% of total export. It was distantly followed by the Netherlands (X tons), generating a 7% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +94.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and France ($X) were the countries with the highest levels of exports in 2021, together accounting for 83% of total exports.

France, with a CAGR of +58.9%, 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

The export price in the European Union stood at $X per ton in 2021, reducing by -10.7% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by 11%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-1.9%), while the other leaders experienced a decline in the export price figures.

Thiosulphates Imports

Imports in the EU

In 2021, overseas purchases of thiosulphates increased by 66% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +67.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, thiosulphates imports surged to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +111.5% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) and France (X tons) were the largest importers of thiosulphates in the European Union, together accounting for near 47% of total imports. Germany (X tons) ranks next in terms of the total imports with a 13% share, followed by the Netherlands (10%), Spain (7.6%), Bulgaria (6.7%) and Lithuania (5.7%).

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +123.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest thiosulphates importing markets in the European Union were Belgium ($X), France ($X) and the Netherlands ($X), with a combined 62% share of total imports. Spain, Bulgaria, Germany and Lithuania lagged somewhat behind, together accounting for a further 22%.

Lithuania, with a CAGR of +88.4%, 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, dropping by -2.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, import prices attained the peak figure at $X per ton in 2020, and then fell slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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