China: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in China

In 2022, the Chinese sulphides, dithionites and sulphoxylates market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, the total consumption indicated a modest expansion 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in China

In value terms, sulphides, dithionites and sulphoxylates production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by X%. Sulphides, dithionites and sulphoxylates production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from China

In 2022, approx. X tons of sulphides, polysulphides, dithionites and sulphoxylates were exported from China; jumping by X% on 2021. The total export 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphides, dithionites and sulphoxylates exports surged to $X in 2022. Overall, total exports indicated moderate growth 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 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from China, accounting for a X% share of total exports. Moreover, sulphides, dithionites and sulphoxylates exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Russia (X tons), threefold. The third position in this ranking was taken by Pakistan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Pakistan (X% per year).

In value terms, the largest markets for sulphides, dithionites and sulphoxylates exported from China were Democratic Republic of the Congo ($X), Pakistan ($X) and Russia ($X), together comprising X% of total exports.

Democratic Republic of the Congo, with a CAGR of X%, saw the highest rates of growth with regard to 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 sulphides, dithionites and sulphoxylates export price amounted to $X per ton, 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 Turkey ($X per ton), while the average price for exports to South Korea ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into China

After two years of growth, supplies from abroad of sulphides, polysulphides, dithionites and sulphoxylates decreased by X% to X tons in 2022. Over the period under review, total imports indicated a strong expansion 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, sulphides, dithionites and sulphoxylates imports declined modestly to $X in 2022. Overall, total imports indicated a buoyant 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 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of sulphides, dithionites and sulphoxylates to China, with a X% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from Germany exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by Austria (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Austria (X% per year).

In value terms, Germany ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to China, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Austria ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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