Europe: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

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

The Europe sulphides, dithionites and sulphoxylates market skyrocketed to $X in 2022, jumping by 18% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +72.1% against 2013 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the near future.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Europe

In value terms, sulphides, dithionites and sulphoxylates production expanded rapidly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +9.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 20% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports in Europe

In 2022, sulphides, dithionites and sulphoxylates exports in Europe fell rapidly to X tons, declining by -19.3% on the previous year's figure. Overall, exports showed a slight shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 19%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates exports expanded rapidly to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.8% against 2020 indices. The pace of growth was the most pronounced in 2018 when exports increased by 34%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, Germany (X tons) was the main exporter of sulphides, polysulphides, dithionites and sulphoxylates, mixing up 46% of total exports. Belgium (X tons) took a 25% share (based on physical terms) of total exports, which put it in second place, followed by France (13%) and Austria (5%). Italy (X tons), Spain (X tons) and Bosnia and Herzegovina (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +251.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sulphides, dithionites and sulphoxylates supplying countries in Europe were Germany ($X), Austria ($X) and Belgium ($X), together accounting for 79% of total exports. Bosnia and Herzegovina, Italy, France and Spain lagged somewhat behind, together accounting for a further 19%.

In terms of the main exporting countries, Bosnia and Herzegovina, with a CAGR of +275.4%, saw the highest growth rate of the value of exports, 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 Europe stood at $X per ton in 2022, jumping by 34% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides, dithionites and sulphoxylates export price increased by +113.3% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+17.3%), while the other leaders experienced more modest paces of growth.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports in Europe

After three years of decline, supplies from abroad of sulphides, polysulphides, dithionites and sulphoxylates increased by 6.3% to X tons in 2022. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2017 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons) and Germany (X tons) were the key importers of sulphides, polysulphides, dithionites and sulphoxylates in 2022, resulting at near 21% and 16% of total imports, respectively. Italy (X tons) ranks next in terms of the total imports with an 8.2% share, followed by the UK (5.7%), Norway (5.2%), Sweden (5.2%) and Spain (5.2%). Finland (X tons), Belgium (X tons), France (X tons), Poland (X tons), the Netherlands (X tons) and Portugal (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sulphides, dithionites and sulphoxylates importing markets in Europe were Italy ($X), Germany ($X) and Russia ($X), with a combined 41% share of total imports. Sweden, the UK, Spain, France, Portugal, Norway, Poland, Belgium, the Netherlands and Finland lagged somewhat behind, together accounting for a further 41%.

In terms of the main importing countries, Sweden, with a CAGR of +19.1%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Europe amounted to $X per ton, increasing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform