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

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

In 2022, the German sulphides, dithionites and sulphoxylates market increased by 51% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +68.3% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Germany

In value terms, sulphides, dithionites and sulphoxylates production soared to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. Sulphides, dithionites and sulphoxylates production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Germany

In 2022, approx. X tons of sulphides, polysulphides, dithionites and sulphoxylates were exported from Germany; with a decrease of -22% against 2021 figures. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of 12% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports expanded modestly to $X in 2022. Over the period under review, exports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2017 with an increase of 9.1%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Norway (X tons) and the United States (X tons) were the main destinations of sulphides, dithionites and sulphoxylates exports from Germany, together comprising 27% of total exports. Belgium, China, Italy, France, Brazil, Poland, the Netherlands, Pakistan, Switzerland and the UK lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sulphides, dithionites and sulphoxylates exported from Germany were China ($X), the United States ($X) and Turkey ($X), with a combined 32% share of total exports. Italy, Norway, France, Belgium, Brazil, Pakistan, the Netherlands, Poland, the UK and Switzerland lagged somewhat behind, together comprising a further 36%.

Poland, with a CAGR of +14.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sulphides, dithionites and sulphoxylates export price stood at $X per ton in 2022, picking up by 33% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +84.1% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Germany

In 2022, purchases abroad of sulphides, polysulphides, dithionites and sulphoxylates decreased by -4.4% to X tons, falling for the fourth year in a row after three years of growth. In general, imports, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 88%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports expanded remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of 58%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest sulphides, dithionites and sulphoxylates supplier to Germany, accounting for a 45% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+13.1% per year) and Italy (+6.2% per year).

In value terms, the largest sulphides, dithionites and sulphoxylates suppliers to Germany were Austria ($X), Italy ($X) and Belgium ($X), together comprising 70% of total imports. India, France and Switzerland lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, Switzerland, with a CAGR of +31.6%, 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

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, increasing by 19% against the previous year. Over the period under review, the import price recorded noticeable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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