Belgium: Sulphur Market 2024

Sulphur Market Size in Belgium

The Belgian sulphur market declined to $X in 2023, falling by X% against the previous year. In general, consumption saw a perceptible slump. Sulphur consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Sulphur Production in Belgium

In value terms, sulphur production fell to $X in 2023 estimated in export price. In general, production recorded a pronounced decrease. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

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Sulphur Exports

Exports from Belgium

In 2023, the amount of sulphur (sublimed or precipitated) and colloidal sulphur exported from Belgium shrank sharply to X tons, dropping by X% compared with the previous year. Over the period under review, exports recorded a precipitous setback. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, sulphur exports reached $X in 2023. In general, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for sulphur exports from Belgium, with a X% share of total exports. Moreover, sulphur exports to France exceeded the volume sent to the second major destination, Germany (X tons), sixfold. The third position in this ranking was taken by the United States (X kg), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Germany ($X), France ($X) and the United States ($X) appeared to be the largest markets for sulphur exported from Belgium worldwide, together comprising X% of total exports. Japan, Sweden, Hungary, India and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average sulphur export price stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the export price recorded a strong expansion. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Belgium

In 2023, after two years of growth, there was significant decline in purchases abroad of sulphur (sublimed or precipitated) and colloidal sulphur, when their volume decreased by X% to X tons. Overall, imports showed a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, sulphur imports declined dramatically to $X in 2023. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, France (X tons) was the main sulphur supplier to Belgium, with a X% share of total imports. It was followed by Germany (X kg), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, France ($X) constituted the largest supplier of sulphur (sublimed or precipitated) and colloidal sulphur to Belgium, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average sulphur import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform