CIS: Sulphur Market 2022

Sulphur Market Size in CIS

In 2020, the CIS sulphur market was finally on the rise to reach $X after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market remained at a lower figure.

Sulphur Production in CIS

In value terms, sulphur production rose remarkably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2012 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2013 to 2020, production growth failed to regain the momentum.

Production By Country in CIS

The countries with the highest volumes of sulphur production in 2020 were Kazakhstan (X tonnes), Uzbekistan (X tonnes) and Belarus (X tonnes), together accounting for X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of sulphur production, amongst the key producing countries, was attained by Uzbekistan, while sulphur production for the other leaders experienced a decline in the production figures.

Sulphur Exports

Exports in CIS

Sulphur exports skyrocketed to X tonnes in 2020, increasing by X% on the year before. Over the period under review, exports recorded a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphur exports reduced notably to $X in 2020. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

In 2020, Russia (X tonnes) was the main exporter of sulphur (sublimed or precipitated) and colloidal sulphur in the CIS, constituting X% of total export.

Russia was also the fastest-growing in terms of the sulphur (sublimed or precipitated) and colloidal sulphur exports, with a CAGR of +X% from 2007 to 2020. While the share of Russia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest sulphur supplier in the CIS.

In Russia, sulphur exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The sulphur export price in the CIS stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2009 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to -X% per year.

Sulphur Imports

Imports in CIS

In 2020, the amount of sulphur (sublimed or precipitated) and colloidal sulphur imported in the CIS soared to X tonnes, growing by X% on the year before. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphur imports soared to $X in 2020. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Russia (X tonnes) represented roughly X% of total imports of sulphur (sublimed or precipitated) and colloidal sulphur in 2020.

Russia was also the fastest-growing in terms of the sulphur (sublimed or precipitated) and colloidal sulphur imports, with a CAGR of +X% from 2007 to 2020. From 2007 to 2020, the share of Russia increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported sulphur (sublimed or precipitated) and colloidal sulphur in the CIS.

In Russia, sulphur imports shrank by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

The sulphur import price in the CIS stood at $X per tonne in 2020, waning by -X% against the previous year. Overall, the import price recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to -X% per year.

Source: IndexBox Platform