Overview of the Global Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

The global market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine rose notably to $X in 2022, growing by 9.1% against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 24% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports

In 2022, the amount of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exported worldwide surged to X tons, picking up by 41% on the previous year. Overall, exports saw prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. Over the period under review, the global exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine surged to $X in 2022. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. Over the period under review, the global exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China (X tons) and Malaysia (X tons) were the largest exporters of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine in 2022, recording approx. 35% and 24% of total exports, respectively. France (X tons) took a 13% share (based on physical terms) of total exports, which put it in second place, followed by Japan (5.8%) and Germany (5%). The following exporters - the Netherlands (X tons) and the United States (X tons) - each finished at a 4.8% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Malaysia (with a CAGR of +65.5%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine supplying countries worldwide were China ($X), Malaysia ($X) and France ($X), together comprising 70% of global exports.

In terms of the main exporting countries, Malaysia, with a CAGR of +55.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X per ton, declining by -6.7% against the previous year. In general, the export price saw a slight contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Germany ($X per ton) and the Netherlands ($X per ton), while Malaysia ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.0%), while the other global leaders experienced a decline in the export price figures.

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports

In 2022, overseas purchases of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine decreased by -12.8% to X tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year. Over the period under review, global imports of reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine shrank modestly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 30%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of global imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons), distantly followed by Brazil (X tons) and India (X tons) represented the main importers of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine, together comprising 33% of total imports. The Netherlands (X tons), Russia (X tons), Germany (X tons), the Philippines (X tons), Australia (X tons), Thailand (X tons), Poland (X tons), Turkey (X tons), South Africa (X tons) and Egypt (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +3.4% from 2012 to 2022. At the same time, Russia (+12.4%), the Philippines (+12.2%), India (+9.6%), Egypt (+9.4%), Germany (+8.8%), Australia (+8.7%), South Africa (+6.7%), Brazil (+5.9%), Turkey (+5.6%), Thailand (+5.6%), Poland (+5.1%) and the Netherlands (+3.1%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +12.4% from 2012-2022. India (+2.6 p.p.), Russia (+2.2 p.p.), Brazil (+1.9 p.p.) and the Philippines (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine importing markets worldwide were China ($X), Brazil ($X) and India ($X), together accounting for 29% of global imports. The Netherlands, Germany, Australia, Russia, the Philippines, Thailand, Poland, South Africa, Egypt and Turkey lagged somewhat behind, together accounting for a further 26%.

The Philippines, with a CAGR of +8.4%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine stood at $X per ton in 2022, with an increase of 10% against the previous year. Overall, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 21%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.0%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform