Spain: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

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

The Spanish market for organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022, growing by 31% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

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 faced a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of 3.5%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports from Spain

In 2022, exports of organo-sulphur compounds and other organo-inorganic compounds from Spain contracted sharply to X tons, shrinking by -17.7% on the previous year's figure. In general, exports, however, showed a moderate expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 45%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then fell markedly in the following year.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds reduced sharply to $X in 2022. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 33% against the previous year. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

France (X tons), Portugal (X tons) and India (X tons) were the main destinations of exports of organo-sulphur compounds and other organo-inorganic compounds from Spain, together comprising 36% of total exports. Italy, Germany, Russia, Ireland, Algeria, Belgium, Morocco, Tunisia, the Netherlands and the UK lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +251.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for organo-sulphur compounds and other organo-inorganic compounds exported from Spain were Germany ($X), India ($X) and Italy ($X), with a combined 44% share of total exports. France, Portugal, the UK, Belgium, Tunisia, Morocco, the Netherlands, Russia, Algeria and Ireland lagged somewhat behind, together accounting for a further 25%.

In terms of the main countries of destination, Ireland, with a CAGR of +181.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, dropping by -6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 when the average export price increased by 31%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Ireland ($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 Italy (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Spain

Imports of organo-sulphur compounds and other organo-inorganic compounds into Spain soared to X tons in 2022, growing by 23% compared with 2021. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022. Overall, imports, however, showed a mild descent. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of organo-sulphur compounds and other organo-inorganic compounds to Spain, with a 65% share of total imports. Moreover, imports of organo-sulphur compounds and other organo-inorganic compounds from France exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by the United States (X tons), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.8% per year) and the United States (+49.1% per year).

In value terms, France ($X) constituted the largest supplier of organo-sulphur compounds and other organo-inorganic compounds to Spain, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by the UK, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.5% per year) and the UK (-11.6% per year).

Import Prices by Country

In 2022, the average import price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, growing by 5.8% against the previous year. In general, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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