World - Organo-Sulphur Compounds - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the increasing demand for organo-sulphur compounds globally, with market performance expected to grow steadily over the next eight years. Consumption volumes and values are forecasted to rise, with key countries like China, the United States, and India leading the way. Production, import, export, and price trends are also analyzed in detail.
Market Forecast
Driven by increasing demand for organo-sulphur compounds worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.6% for the period from 2022 to 2030, which is projected to bring the market volume to 4.5M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.5% for the period from 2022 to 2030, which is projected to bring the market value to $24.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Organo-Sulphur Compounds
In 2022, approx. 4.3M tons of organo-sulphur compounds were consumed worldwide; rising by 3.6% compared with 2021 figures. The total consumption volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 7.5% against the previous year. Global consumption peaked in 2022 and is likely to see steady growth in the near future.
The global organo-sulphur compound market revenue rose rapidly to $19.8B in 2022, picking up by 5.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $19.9B. From 2015 to 2022, the growth of the global market failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (653K tons), the United States (509K tons) and India (307K tons), with a combined 34% share of global consumption. Brazil, Japan, France, Singapore, Spain, Russia, Germany, Mexico, Indonesia and Turkey lagged somewhat behind, together accounting for a further 36%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Singapore (with a CAGR of +40.9%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($2.5B), India ($2.2B) and China ($2.2B) constituted the countries with the highest levels of market value in 2022, with a combined 35% share of the global market. Brazil, Singapore, Japan, France, Germany, Spain, Russia, Mexico, Indonesia and Turkey lagged somewhat behind, together accounting for a further 31%.
Singapore, with a CAGR of +40.0%, recorded the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of organo-sulphur compound per capita consumption was registered in Singapore (36 kg per person), followed by Spain (3.5 kg per person), France (3.1 kg per person) and Japan (1.7 kg per person), while the world average per capita consumption of organo-sulphur compound was estimated at less than 0.1 kg per person.
In Singapore, organo-sulphur compound per capita consumption increased at an average annual rate of +39.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (+2.9% per year) and France (+6.5% per year).
Consumption By Type
The products with the highest volumes of consumption in 2022 were thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (2.2M tons) and organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine (2.1M tons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consumed products, was attained by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (with a CAGR of +4.0%).
In value terms, organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine ($12.4B) and thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine ($7.4B) appeared to be the products with the highest levels of market value in 2022.
In terms of the main consumed products, thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine, with a CAGR of +2.9%, saw the highest rates of growth with regard to market size over the period under review.
Production
World Production of Organo-Sulphur Compounds
In 2022, approx. 3.7M tons of organo-sulphur compounds were produced worldwide; picking up by 9.8% on 2021 figures. The total output volume increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, production attained the peak volume and is likely to continue growth in the immediate term.
In value terms, organo-sulphur compound production stood at $14.6B in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 10%. Over the period under review, global production hit record highs at $14.7B in 2012; however, from 2013 to 2022, production failed to regain momentum.
Production By Country
The country with the largest volume of organo-sulphur compound production was China (1.1M tons), accounting for 29% of total volume. Moreover, organo-sulphur compound production in China exceeded the figures recorded by the second-largest producer, the United States (521K tons), twofold. The third position in this ranking was held by Japan (381K tons), with a 10% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China totaled +1.9%. The remaining producing countries recorded the following average annual rates of production growth: the United States (-2.6% per year) and Japan (+4.3% per year).
Production By Type
The products with the highest volumes of production in 2022 were organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine (2M tons) and thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (1.7M tons).
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key produced products, was attained by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (with a CAGR of +6.5%).
In value terms, organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine ($9.8B) led the market, alone. The second position in the ranking was held by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine ($4.8B).
For organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine, production plunged by an average annual rate of -1.3% over the period from 2012-2022.
Imports
World Imports of Organo-Sulphur Compounds
In 2022, supplies from abroad of organo-sulphur compounds decreased by -4.2% to 2.4M tons for the first time since 2016, thus ending a five-year rising trend. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. Over the period under review, global imports attained the maximum at 2.5M tons in 2021, and then contracted slightly in the following year.
In value terms, organo-sulphur compound imports rose sharply to $10.2B in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Over the period under review, global imports reached the maximum at $10.5B in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
The purchases of the four major importers of organo-sulphur compounds, namely China, Brazil, the United States and Spain, represented more than third of total import. It was followed by India (108K tons), mixing up a 4.5% share of total imports. Belgium (101K tons), South Korea (88K tons), Germany (79K tons), the Netherlands (63K tons), Thailand (59K tons), Japan (56K tons), Russia (52K tons) and Indonesia (52K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Russia (with a CAGR of +7.7%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, Brazil ($1.2B), the United States ($1.1B) and China ($929M) appeared to be the countries with the highest levels of imports in 2022, together accounting for 31% of global imports. Germany, South Korea, India, Spain, Japan, the Netherlands, Belgium, Thailand, Indonesia and Russia lagged somewhat behind, together comprising a further 31%.
Among the main importing countries, India, with a CAGR of +7.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Imports By Type
Organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine represented the largest type of organo-sulphur compounds in the world, with the volume of imports reaching 1.4M tons, which was near 58% of total imports in 2022. It was distantly followed by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (990K tons), creating a 42% share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main imported products, was attained by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (with a CAGR of +3.0%).
In value terms, organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine ($7.3B) constitutes the largest type of organo-sulphur compounds imported worldwide, comprising 72% of global imports. The second position in the ranking was taken by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine ($2.9B), with a 28% share of global imports.
For organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine, imports remained relatively stable over the period from 2012-2022.
Import Prices By Type
In 2022, the average organo-sulphur compound import price amounted to $4,289 per ton, jumping by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decrease. Over the period under review, average import prices attained the maximum at $5,510 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by the product type; the product with the highest price was organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine ($5,270 per ton), while the price for thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine totaled $2,908 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine (-2.1%).
Import Prices By Country
The average organo-sulphur compound import price stood at $4,289 per ton in 2022, growing by 18% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. Global import price peaked at $5,510 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($6,787 per ton), while Belgium ($2,207 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 (+1.6%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Organo-Sulphur Compounds
In 2022, overseas shipments of organo-sulphur compounds increased by 4.3% to 1.8M tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. Over the period under review, the global exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, organo-sulphur compound exports skyrocketed to $8.3B in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 22%. The global exports peaked in 2022 and are expected to retain growth in the near future.
Exports By Country
China represented the key exporting country with an export of around 696K tons, which accounted for 39% of total exports. Japan (223K tons) held the second position in the ranking, followed by the United States (181K tons), Malaysia (154K tons), France (125K tons) and Germany (106K tons). All these countries together took approx. 44% share of total exports. Belgium (81K tons) held a relatively small share of total exports.
Exports from China increased at an average annual rate of +8.5% from 2012 to 2022. At the same time, Malaysia (+63.0%) and Japan (+3.3%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +63.0% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, France (-2.3%), Belgium (-3.2%) and the United States (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Malaysia and Japan increased by +19, +8.5 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($3.5B) remains the largest organo-sulphur compound supplier worldwide, comprising 43% of global exports. The second position in the ranking was taken by Japan ($845M), with a 10% share of global exports. It was followed by the United States, with an 8.6% share.
In China, organo-sulphur compound exports expanded at an average annual rate of +10.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+0.1% per year) and the United States (-4.4% per year).
Exports By Type
Organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine was the main exported product with an export of about 1.3M tons, which finished at 73% of total exports. It was distantly followed by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (489K tons), committing a 27% share of total exports.
Organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine experienced a relatively flat trend pattern with regard to volume of exports. At the same time, thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (+12.0%) displayed positive paces of growth. Moreover, thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine emerged as the fastest-growing type exported in the world, with a CAGR of +12.0% from 2012-2022. While the share of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine (+17 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine (-17.3 p.p.) displayed negative dynamics.
In value terms, organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine ($6.7B) remains the largest type of organo-sulphur compounds supplied worldwide, comprising 81% of global exports. The second position in the ranking was held by thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine ($1.6B), with a 19% share of global exports.
From 2012 to 2022, the average annual growth rate of the value of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine exports was relatively modest.
Export Prices By Type
In 2022, the average organo-sulphur compound export price amounted to $4,593 per ton, picking up by 12% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $4,989 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by the product type; the product with the highest price was organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine ($5,121 per ton), while the average price for exports of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine stood at $3,178 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine (-0.0%).
Export Prices By Country
In 2022, the average organo-sulphur compound export price amounted to $4,593 per ton, rising by 12% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The global export price peaked at $4,989 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($5,090 per ton), while Malaysia ($2,565 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global organo-sulphur compound market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20145133 - Thiocarbamates and dithiocarbamates, thiuram mono-, di- or tetrasulphides, methionine
- Prodcom 20145139 - Other organo-sulphur compounds
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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This report provides an in-depth analysis of the global organo-sulphur compound market.
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In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
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In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
