United Kingdom: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in the UK

For the third consecutive year, the UK market for organo-sulphur compounds and other organo-inorganic compounds recorded growth in sales value, which increased by 18% to $X in 2022. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in the UK

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt contraction. The growth pace was the most rapid in 2018 when the production volume increased by 170%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from the UK

In 2022, exports of organo-sulphur compounds and other organo-inorganic compounds from the UK dropped slightly to X tons, which is down by -4.8% on 2021 figures. Overall, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 with an increase of 19% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022. Over the period under review, exports showed a abrupt downturn. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and the United States (X tons) were the main destinations of exports of organo-sulphur compounds and other organo-inorganic compounds from the UK, with a combined 48% share of total exports. Brazil, Spain, the Netherlands, Switzerland, France, Italy, Russia, Thailand, Japan and South Korea lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +20.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the United States ($X) constituted the largest markets for organo-sulphur compounds and other organo-inorganic compounds exported from the UK worldwide, together accounting for 47% of total exports. Spain, the Netherlands, Switzerland, Brazil, France, Italy, Russia, Thailand, Japan and South Korea lagged somewhat behind, together accounting for a further 38%.

Thailand, with a CAGR of +16.4%, 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 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, picking up by 45% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The export price 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 destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Brazil ($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 the Netherlands (+12.7%), 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 the UK

In 2022, purchases abroad of organo-sulphur compounds and other organo-inorganic compounds was finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached 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 surged to $X in 2022. In general, imports, however, continue to indicate a abrupt descent. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest organo-sulphur compounds and other organo-inorganic compounds supplier to the UK, with a 36% share of total imports. Moreover, imports of organo-sulphur compounds and other organo-inorganic compounds from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.6% per year) and Spain (+46.1% per year).

In value terms, China ($X) constituted the largest supplier of organo-sulphur compounds and other organo-inorganic compounds to the UK, comprising 30% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.9% per year) and Germany (-5.0% per year).

Import Prices by Country

The average import price for organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, reducing by -10.8% against the previous year. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 22% 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.

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 Singapore ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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