South-Eastern Asia: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in the Southeast Asian market for organo-sulphur compounds and other organo-inorganic compounds, when its value decreased by -5.1% to $X. The total consumption indicated a temperate expansion 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, consumption increased by +27.3% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in South-Eastern Asia

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds stood at $X in 2022 estimated in export price. Overall, production posted noticeable growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 97%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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

Exports in South-Eastern Asia

In 2022, approx. X tons of organo-sulphur compounds and other organo-inorganic compounds were exported in South-Eastern Asia; growing by 57% compared with the year before. Overall, exports recorded a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022. In general, exports, however, recorded a deep setback. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia was the major exporter of organo-sulphur compounds and other organo-inorganic compounds in South-Eastern Asia, with the volume of exports resulting at X tons, which was near 56% of total exports in 2022. Thailand (X tons) took the second position in the ranking, distantly followed by Singapore (X tons). All these countries together took near 42% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +43.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Malaysia ($X), Thailand ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2022, with a combined 93% share of total exports.

Malaysia, with a CAGR of +39.7%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, rising by 8.7% against the previous year. Overall, the export price, however, faced a sharp descent. The pace of growth was the most pronounced in 2018 when the export price increased by 18%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-1.3%), while the other leaders experienced a decline in the export price figures.

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

Imports in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in supplies from abroad of organo-sulphur compounds and other organo-inorganic compounds, when their volume decreased by -8.6% to X tons. The total import volume increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds rose slightly to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +58.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Indonesia (X tons), distantly followed by Thailand (X tons), Malaysia (X tons), Vietnam (X tons), the Philippines (X tons) and Singapore (X tons) were the largest importers of organo-sulphur compounds and other organo-inorganic compounds, together creating 98% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of +12.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compounds and other organo-inorganic compounds importing markets in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Malaysia ($X), together comprising 70% of total imports. Singapore, Vietnam and the Philippines lagged somewhat behind, together accounting for a further 29%.

The Philippines, with a CAGR of +9.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing by 15% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 26%. The level of import peaked in 2022 and is expected to retain 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 Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :