Sulphates Market

Sulphates market: download recently published facts and figures powered by an Ai-driven business intelligence platform. Data include production, market prices, market size, exports, consumption, companies, imports, and trade. Here is a split by region, including the U.S., China, Russia, Latin America, the Middle East, the U.K., Africa, and EU. Market dynamics and forecast to 2030 are also provided in the dashboards.


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Sulphates - World's Largest Markets

RatingCountry
1Japan
2Russia
3China
4India
5United States

In value terms, the largest sulphates markets worldwide were Japan, Russia and China, together comprising 34% of the global market.

Among the main consuming countries, Japan recorded the highest growth rate of market size, over the period under review, while sulphates market for the other global leaders experienced more modest paces of growth.

Sulphates Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Spain1121091161.8%
China270169147-26.2%
France215182209-1.4%
Germany376338255-17.6%
India417338274-18.9%
Turkey26130235116.0%
South Korea454474424-3.4%
United States4663995417.7%
Average373315306-9.4%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($541 per ton), while Spain ($116 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Japan14211135879-21.4%
United States809821734-4.7%
Germany396377324-9.5%
Malaysia2592292590.0%
Vietnam19620925012.9%
Indonesia1972112144.2%
United Kingdom225243212-2.9%
Thailand211204204-1.7%
Colombia13212819020.0%
Mexico1801911871.9%
Brazil13813417813.6%
South Africa138125114-9.1%
Bangladesh1019385-8.3%
Average342325328-2.0%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($879 per ton), while Bangladesh ($85 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Colombia, while the other global leaders experienced more modest paces of growth.

Sulphates - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan0.50.50.50.6%
United States0.30.30.3-5.1%
Brazil0.10.10.211.5%
Germany0.10.10.1-1.0%
Vietnam0.080.080.082.2%

In value terms, Japan ($482M), the United States ($301M) and Brazil ($169M) appeared to be the countries with the highest levels of imports in 2020, together comprising 27% of global imports. These countries were followed by Germany, Vietnam, Indonesia, Malaysia, the UK, Bangladesh, Thailand, Mexico, Colombia and South Africa, which together accounted for a further 18%.

Colombia saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Sulphates - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China10.90.8-11.7%
Germany0.30.20.2-10.1%
Spain0.20.20.20.9%
United States0.10.10.221.6%
South Korea0.040.070.169.9%

In value terms, China ($808M) remains the largest sulphates supplier worldwide, comprising 25% of global exports. The second position in the ranking was occupied by Germany ($206M), with a 6.4% share of global exports. It was followed by Spain, with a 5.4% share.

In China, sulphates exports decreased by an average annual rate of -11.7% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-10.1% per year) and Spain (+0.9% per year).

Sulphates - Market Forecast

Driven by rising demand for sulphates worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Sulphates - Product Coverage

  • HS 283311 - Sodium sulphates; disodium sulphate
  • HS 283319 - Sodium sulphates; other than disodium sulphate
  • HS 283321 - Sulphates; of magnesium
  • HS 283324 - Sulphates; of nickel
  • HS 283325 - Sulphates; of copper
  • HS 283329 - Sulphates; n.e.s. in item no. 2833.2
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