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

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

The ASEAN sulphides, dithionites and sulphoxylates market expanded to $X in 2022, growing by X% against the previous year. The total consumption indicated a noticeable 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in ASEAN

In value terms, sulphides, dithionites and sulphoxylates production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports in ASEAN

In 2022, overseas shipments of sulphides, polysulphides, dithionites and sulphoxylates decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports surged to $X in 2022. In general, exports recorded a abrupt setback. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Singapore (X tons), creating an X% share of total exports. Thailand (X tons), Malaysia (X tons) and Myanmar (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sulphides, dithionites and sulphoxylates exports from the Philippines stood at X%. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Thailand and Myanmar experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Thailand, Malaysia and Myanmar increased by X, X, X and X percentage points, respectively.

In value terms, the Philippines ($X) emerged as the largest sulphides, dithionites and sulphoxylates supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Philippines totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price enjoyed a tangible increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports in ASEAN

Sulphides, dithionites and sulphoxylates imports declined slightly to X tons in 2022, leveling off at the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports surged to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

The countries with the highest levels of sulphides, dithionites and sulphoxylates imports in 2022 were Thailand (X tons), Indonesia (X tons), Malaysia (X tons) and Vietnam (X tons), together reaching X% of total import. It was distantly followed by Myanmar (X tons), constituting a X% share of total imports. Lao People's Democratic Republic (X tons) and the Philippines (X tons) followed a long way behind the leaders.

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

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar ($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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