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

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

In 2022, the Asian market for organo-sulphur compounds and other organo-inorganic compounds increased by less than X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption showed a pronounced slump. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

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

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds shrank modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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

Exports in Asia

For the fourth consecutive year, Asia recorded growth in overseas shipments of organo-sulphur compounds and other organo-inorganic compounds, which increased by X% to X tons in 2022. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

China was the major exporting country with an export of around X tons, which reached X% of total exports. Japan (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%) and India (X%). Thailand (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), Thailand (X%), India (X%) and Japan (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. While the share of China (X p.p.), Malaysia (X p.p.), India (X p.p.) and Thailand (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest organo-sulphur compounds and other organo-inorganic compounds supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Asia

In 2022, approx. X tons of organo-sulphur compounds and other organo-inorganic compounds were imported in Asia; reducing by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds expanded notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons), distantly followed by India (X tons), South Korea (X tons), Japan (X tons), Indonesia (X tons), Thailand (X tons) and Turkey (X tons) were the major importers of organo-sulphur compounds and other organo-inorganic compounds, together constituting X% of total imports. Malaysia (X tons), the United Arab Emirates (X tons), Vietnam (X tons), the Philippines (X tons), Singapore (X tons) and Saudi Arabia (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases 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 Asia were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total imports. India, Indonesia, Thailand, Turkey, Malaysia, Vietnam, Singapore, the United Arab Emirates, the Philippines and Saudi Arabia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 Asia amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue 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 Japan ($X per ton), while Saudi Arabia ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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