Asia-Pacific: Market for Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine 2024

Market Size for Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine in Asia-Pacific

In 2022, after three years of decline, there was growth in the Asia-Pacific market for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine, when its value increased by X% to $X. In general, consumption, however, recorded a slight setback. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine in Asia-Pacific

In value terms, production of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine shrank to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine

Exports in Asia-Pacific

Exports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine stood at X tons in 2022, leveling off at the previous year. Total exports indicated moderate 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 2013 indices. The pace of growth was the most pronounced in 2019 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, exports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine skyrocketed to $X in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its value 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 was the most pronounced in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

China represented the main exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Japan (X tons), generating a X% share of total exports. Malaysia (X tons), India (X tons), South Korea (X tons) and Singapore (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%), India (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. China (X p.p.), Malaysia (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine

Imports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded growth in supplies from abroad of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine, which increased by X% to X tons in 2022. 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 most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, imports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine surged to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

China (X tons), South Korea (X tons), India (X tons), Indonesia (X tons), Japan (X tons), Thailand (X tons), Taiwan (Chinese) (X tons), Vietnam (X tons), Singapore (X tons), Australia (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022.

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

In value terms, China ($X), South Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. India, Taiwan (Chinese), Indonesia, Thailand, Vietnam, Singapore, Australia and Malaysia lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific 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 growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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