Overview of the Global Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

The global market for organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022, surging by 22% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds totaled $X in 2022 estimated in export price. Over the period under review, production showed a sharp slump. The growth pace was the most rapid in 2018 with an increase of 249% against the previous year. Over the period under review, global production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports

In 2022, shipments abroad of organo-sulphur compounds and other organo-inorganic compounds decreased by -4.2% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, the global exports of hit record highs at X tons in 2021, and then fell slightly in the following year.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022. In general, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 +53.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Over the period under review, the global exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China was the largest exporter of organo-sulphur compounds and other organo-inorganic compounds in the world, with the volume of exports recording X tons, which was approx. 46% of total exports in 2022. The United States (X tons) held a 16% share (based on physical terms) of total exports, which put it in second place, followed by Germany (6.4%). France (X tons), Japan (X tons), Malaysia (X tons), India (X tons), Belgium (X tons), the UK (X tons), Thailand (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to organo-sulphur compounds and other organo-inorganic compounds exports from China stood at +6.6%. At the same time, Malaysia (+43.2%), Thailand (+19.9%) and India (+12.6%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +43.2% from 2012-2022. Germany and France experienced a relatively flat trend pattern. By contrast, the United States (-2.0%), the Netherlands (-2.0%), the UK (-3.4%), Japan (-3.7%) and Belgium (-4.5%) illustrated a downward trend over the same period. China (+16 p.p.), Malaysia (+3.4 p.p.), India (+2.1 p.p.) and Thailand (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while France, the UK, Germany, Japan, Belgium and the United States saw its share reduced by -1.5%, -1.8%, -2%, -3%, -3.3% and -8.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest organo-sulphur compounds and other organo-inorganic compounds supplier worldwide, comprising 50% of global exports. The second position in the ranking was held by the United States ($X), with a 13% share of global exports. It was followed by Germany, with a 7.5% share.

In China, exports of organo-sulphur compounds and other organo-inorganic compounds increased at an average annual rate of +12.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+0.8% per year) and Germany (+1.2% per year).

Export Prices by Country

The average export price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, with an increase of 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price attained 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 Japan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the other global leaders experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports

In 2022, supplies from abroad of organo-sulphur compounds and other organo-inorganic compounds increased by 3.6% to X tons, rising for the sixth year in a row after two years of decline. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 7.3% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 +58.0% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) and the United States (X tons) represented the major importers of organo-sulphur compounds and other organo-inorganic compoundsaround the world, together generating 26% of total imports. China (X tons) took the next position in the ranking, followed by Spain (X tons). All these countries together held near 11% share of total imports. The following importers - Argentina (X tons), Belgium (X tons), India (X tons), Germany (X tons), South Korea (X tons), the Netherlands (X tons), Indonesia (X tons), Russia (X tons) and Japan (X tons) - together made up 30% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +10.6%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compounds and other organo-inorganic compounds importing markets worldwide were the United States ($X), Brazil ($X) and China ($X), with a combined 37% share of global imports.

Among the main importing countries, Brazil, with a CAGR of +11.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, growing by 25% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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