U.S.: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in the U.S.

The U.S. sulphides, dithionites and sulphoxylates market reduced notably to $X in 2022, shrinking by -16% against the previous year. Overall, consumption, however, showed a strong increase. Sulphides, dithionites and sulphoxylates consumption peaked at $X in 2021, and then dropped rapidly in the following year.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in the U.S.

In value terms, sulphides, dithionites and sulphoxylates production declined to $X in 2022. Over the period under review, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.0% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 23%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from the U.S.

After three years of decline, overseas shipments of sulphides, polysulphides, dithionites and sulphoxylates increased by 37% to X tons in 2022. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports surged to $X in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Peru (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from the United States, with a 58% share of total exports. Moreover, sulphides, dithionites and sulphoxylates exports to Peru exceeded the volume sent to the second major destination, Mexico (X tons), twofold. Chile (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+9.0% per year) and Chile (-10.0% per year).

In value terms, Peru ($X) remains the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from the United States, comprising 50% of total exports. The second position in the ranking was held by Mexico ($X), with a 21% share of total exports. It was followed by Canada, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Peru stood at +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+11.8% per year) and Canada (-2.0% per year).

Export Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, with an increase of 5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2021 an increase of 12%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

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 Canada ($X per ton), while the average price for exports to Chile ($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 Canada (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into the U.S.

In 2022, overseas purchases of sulphides, polysulphides, dithionites and sulphoxylates increased by 15% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports skyrocketed to $X in 2022. Overall, imports, however, recorded a mild downturn. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Mexico (X tons) and Germany (X tons) were the main suppliers of sulphides, dithionites and sulphoxylates imports to the United States, with a combined 77% share of total imports. India, Canada, Austria and Belgium lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +5.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sulphides, dithionites and sulphoxylates suppliers to the United States were Germany ($X), China ($X) and Mexico ($X), with a combined 64% share of total imports.

Mexico, with a CAGR of +8.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, increasing by 22% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Austria ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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