Report Update Jan 1, 2025

Philippines - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Philippines: Sulphur Market 2025

Sulphur Market Size in the Philippines

After two years of growth, the Philippine sulphur market decreased by -6.9% to $X in 2022. In general, consumption showed a noticeable setback. Sulphur consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sulphur Production in the Philippines

In value terms, sulphur production rose slightly to $X in 2022 estimated in export price. Overall, production saw a noticeable downturn. The growth pace was the most rapid in 2013 with an increase of 75% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Sulphur Exports

Exports from the Philippines

In 2022, approx. X tons of sulphur were exported from the Philippines; picking up by 5.9% compared with the year before. Over the period under review, exports saw tangible growth. The pace of growth appeared the most rapid in 2017 when exports increased by 97%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, sulphur exports fell remarkably to $X in 2022. Overall, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 45% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for sulphur exports from the Philippines, with a 82% share of total exports. Moreover, sulphur exports to Indonesia exceeded the volume sent to the second major destination, Vietnam (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia totaled +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-8.6% per year) and South Korea (+4.1% per year).

In value terms, the largest markets for sulphur exported from the Philippines were Vietnam ($X), Indonesia ($X) and South Korea ($X), together accounting for 94% of total exports.

Indonesia, with a CAGR of -11.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average sulphur export price amounted to $X per ton, with a decrease of -73.6% against the previous year. Overall, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Indonesia ($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 Thailand (+5.4%), while the prices for the other major destinations experienced a decline.

Sulphur Imports

Imports into the Philippines

In 2022, overseas purchases of sulphur decreased by -32.3% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sulphur imports surged to $X in 2022. Overall, imports, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2021 when imports increased by 97%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of sulphur to the Philippines, accounting for a 88% share of total imports. Moreover, sulphur imports from South Korea exceeded the figures recorded by the second-largest supplier, Japan (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea totaled +61.3%.

In value terms, South Korea ($X) constituted the largest supplier of sulphur to the Philippines, comprising 92% of total imports. The second position in the ranking was taken by Japan ($X), with a 6.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea amounted to +69.7%.

Import Prices by Country

The average sulphur import price stood at $X per ton in 2022, surging by 71% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue 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 South Korea ($X per ton), while the price for Japan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur in the world?

The country with the largest volume of sulphur consumption was China, comprising approx. 35% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Morocco ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of sulphur in the world?

China remains the largest sulphur producing country worldwide, comprising approx. 18% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Russia, with a 7.4% share.

What are the leading suppliers of sulphur to the Philippines?

In value terms, South Korea constituted the largest supplier of sulphur to the Philippines, comprising 86% of total imports. The second position in the ranking was occupied by Japan, with an 8.9% share of total imports.

What are the leading importers of sulphur from the Philippines?

In value terms, the largest markets for sulphur exported from the Philippines were Vietnam, Indonesia and China, with a combined 71% share of total exports. These countries were followed by Thailand, Malaysia and South Korea, which together accounted for a further 29%.

What is the average export price for sulphur in the Philippines?

The average sulphur export price stood at $97 per ton in 2021, declining by -21.4% against the previous year.

What is the average import price for sulphur in the Philippines?

The average sulphur import price stood at $245 per ton in 2021, rising by 9.8% against the previous year.

This report provides an in-depth analysis of the sulphur market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024