Northern America: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Northern America

In 2022, the North American market for organo-sulphur compounds and other organo-inorganic compounds increased by 61% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption recorded a significant increase. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Northern America

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds expanded modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 15% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

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

Exports in Northern America

Exports of organo-sulphur compounds and other organo-inorganic compounds stood at X tons in 2022, surging by 4.4% against 2021. Overall, exports, however, continue to indicate a slight downturn. The pace of growth was the most pronounced in 2018 when exports increased by 6.7%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022. In general, exports continue to indicate a mild expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States dominates compounds structure, resulting at X tons, which was near 97% of total exports in 2022. Canada (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to organo-sulphur compounds and other organo-inorganic compounds exports from the United States stood at -2.0%. Canada experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest organo-sulphur compounds and other organo-inorganic compounds supplier in Northern America, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 5.1% share of total exports.

In the United States, exports of organo-sulphur compounds and other organo-inorganic compounds remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, surging by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2021 an increase of 27%. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.0%).

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

Imports in Northern America

In 2022, supplies from abroad of organo-sulphur compounds and other organo-inorganic compounds increased by 23% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.3% 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 +50.1% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 24% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022. Overall, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) represented the key importer of organo-sulphur compounds and other organo-inorganic compounds, achieving 89% of total imports. It was distantly followed by Canada (X tons), achieving an 11% share of total imports.

The United States was also the fastest-growing in terms of the organo-sulphur compounds and other organo-inorganic compounds imports, with a CAGR of +7.9% from 2012 to 2022. At the same time, Canada (+3.9%) displayed positive paces of growth. From 2012 to 2022, the share of the United States increased by +4.3 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported organo-sulphur compounds and other organo-inorganic compounds in Northern America, comprising 90% of total imports. The second position in the ranking was held by Canada ($X), with a 10% share of total imports.

In the United States, imports of organo-sulphur compounds and other organo-inorganic compounds expanded at an average annual rate of +9.8% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, growing by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.2%).

Source: IndexBox Platform

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