Chlorosulphuric Acid Market
Chlorosulphuric acid market: get new data powered by an Ai-driven business intelligence platform. Statistics include consumption, market size, imports, production, market prices, companies, trade, and exports. Here is a breakdown by region, including China, EU, the U.S., the Middle East, Latin America, Africa, the U.K., and Russia. Market dynamics and forecast to 2030 are also provided in the snapshots.
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Chlorosulphuric Acid - World's Largest Markets
Rating | Country |
---|---|
1 | Switzerland |
2 | France |
3 | Oman |
4 | Germany |
5 | Japan |
In value terms, the largest chlorosulphuric acid markets worldwide were Switzerland, France and Oman, together comprising 42% of the global market. Germany, Japan, Romania, Belgium and Hungary lagged somewhat behind, together accounting for a further 33%.
In terms of the main consuming countries, Hungary (+102.7% per year) saw the highest rates of growth with regard to market size, over the period under review, while chlorosulphuric acid market for the other global leaders experienced more modest paces of growth.
Chlorosulphuric Acid Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
China | 665 | 389 | 358 | -26.6% |
Hungary | 422 | 433 | 451 | 3.4% |
Switzerland | 452 | 486 | 596 | 14.8% |
Germany | 480 | 556 | 609 | 12.6% |
South Africa | 536 | 537 | 683 | 12.9% |
Oman | 2463 | 2510 | 2559 | 1.9% |
Average | 551 | 519 | 553 | 0.2% |
Prices varied noticeably by the country of origin; the country with the highest price was Oman ($2,559 per ton), while China ($358 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Japan | 451 | 387 | 646 | 19.7% |
Romania | 417 | 509 | 543 | 14.1% |
Belgium | 407 | 483 | 463 | 6.7% |
France | 403 | 416 | 392 | -1.4% |
Germany | 434 | 373 | 253 | -23.6% |
Average | 488 | 489 | 482 | -0.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($646 per ton), while Germany ($253 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.
Chlorosulphuric Acid - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
France | 2.8 | 2.8 | 2.4 | -6.9% |
Japan | 1.5 | 1.3 | 1.9 | 15.0% |
Germany | 1.7 | 2.5 | 1.9 | 5.3% |
Romania | 1.1 | 1.4 | 1.3 | 9.6% |
Belgium | 2.1 | 1.6 | 1.3 | -19.7% |
In value terms, France ($2.4M), Japan ($1.9M) and Germany ($1.9M) were the countries with the highest levels of imports in 2020, together accounting for 53% of global imports.
Japan recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Chlorosulphuric Acid - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Switzerland | 3 | 3.9 | 2.6 | -6.3% |
Hungary | 2.6 | 1.6 | 2.2 | -8.2% |
China | 2.1 | 1.3 | 1.3 | -21.9% |
Germany | 1.4 | 1.9 | 1.2 | -8.5% |
Oman | 0.8 | 0.8 | 0.8 | 1.4% |
In value terms, the largest chlorosulphuric acid supplying countries worldwide were Switzerland ($2.6M), Hungary ($2.2M) and China ($1.3M), with a combined 69% share of global exports. Germany, Oman and South Africa lagged somewhat behind, together comprising a further 25%.
In terms of the main exporting countries, South Africa saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.
Chlorosulphuric Acid - Market Forecast
The chlorosulphuric acid market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.3% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Chlorosulphuric Acid - Product Coverage
- HS 280620 - Chlorosulphuric acid
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