China: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in China

In 2022, the Chinese organo-sulphur compound market decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption recorded a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Organo-Sulphur Compound Production in China

In value terms, organo-sulphur compound production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Organo-Sulphur Compound Exports

Exports from China

For the fourth consecutive year, China recorded growth in shipments abroad of organo-sulphur compounds, which increased by X% to X tons in 2022. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, organo-sulphur compound exports skyrocketed to $X in 2022. In general, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), Brazil (X tons) and Russia (X tons) were the main destinations of organo-sulphur compound exports from China, together comprising X% of total exports.

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

In value terms, the largest markets for organo-sulphur compound exported from China were the United States ($X), India ($X) and Brazil ($X), with a combined X% share of total exports. South Korea, Russia, Japan, Indonesia, Thailand, Germany, Australia, Mexico, Vietnam and Chile lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Russia, with a CAGR of X%, 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

The average organo-sulphur compound export price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Sulphur Compound Imports

Imports into China

Organo-sulphur compound imports into China contracted to X tons in 2022, which is down by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, organo-sulphur compound imports expanded markedly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Singapore (X tons), Malaysia (X tons) and Japan (X tons) were the main suppliers of organo-sulphur compound imports to China, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Japan ($X) and Malaysia ($X) were the largest organo-sulphur compound suppliers to China, with a combined X% share of total imports.

Among the main suppliers, Malaysia, with a CAGR of X%, saw 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 average organo-sulphur compound import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a mild contraction. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 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 Germany ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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