India: Sulphonamides Market 2025

Sulphonamides Market Size in India

In 2021, the Indian sulphonamides market decreased by -12.5% to $X for the first time since 2017, thus ending a three-year rising trend. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Sulphonamides consumption peaked at $X in 2020, and then shrank in the following year.

Sulphonamides Production in India

In value terms, sulphonamides production declined modestly to $X in 2021 estimated in export price. Overall, production, however, posted a strong increase. The growth pace was the most rapid in 2013 when the production volume increased by 75% against the previous year. Sulphonamides production peaked at $X in 2020, and then declined in the following year.

Sulphonamides Exports

Exports from India

In 2021, approx. X tons of sulphonamides were exported from India; surging by 12% against the previous year. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 81%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, sulphonamides exports expanded rapidly to $X in 2021. Overall, exports posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of 136% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Senegal (X tons) was the main destination for sulphonamides exports from India, with a 25% share of total exports. Moreover, sulphonamides exports to Senegal exceeded the volume sent to the second major destination, Colombia (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Senegal totaled +109.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+49.6% per year) and the Netherlands (+19.8% per year).

In value terms, the largest markets for sulphonamides exported from India were the Netherlands ($X), Germany ($X) and China ($X), together comprising 16% of total exports. Brazil, Kenya, Sweden, Pakistan, Colombia, Vietnam, Nigeria, Senegal, Ghana and Algeria lagged somewhat behind, together accounting for a further 19%.

Sweden, with a CAGR of +118.5%, 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

In 2021, the average sulphonamides export price amounted to $X per ton, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2013 an increase of 30%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphonamides Imports

Imports into India

In 2021, supplies from abroad of sulphonamides increased by 39% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, sulphonamides imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.4% 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 +90.1% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of sulphonamides to India, accounting for a 87% share of total imports. Moreover, sulphonamides imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. The third position in this ranking was held by Italy (X tons), with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+15.0% per year) and Italy (+5.1% per year).

In value terms, China ($X) constituted the largest supplier of sulphonamides to India, comprising 60% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by the United States, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.5% per year) and the United States (+17.4% per year).

Import Prices by Country

The average sulphonamides import price stood at $X per ton in 2021, dropping by -14% against the previous year. In general, the import price, however, posted a strong expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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