Eastern Europe: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Eastern Europe

In 2022, the East European organo-sulphur compound market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, recorded a perceptible decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Organo-Sulphur Compound Production in Eastern Europe

In value terms, organo-sulphur compound production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Organo-Sulphur Compound Exports

Exports in Eastern Europe

In 2022, overseas shipments of organo-sulphur compounds increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, organo-sulphur compound exports amounted to $X in 2022. In general, exports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Russia (X tons) represented the major exporter of organo-sulphur compounds, generating X% of total exports. Poland (X tons) took the second position in the ranking, followed by Bulgaria (X tons), Belarus (X tons) and Hungary (X tons). All these countries together held near X% share of total exports. The following exporters - Lithuania (X tons) and Slovakia (X tons) - each accounted for a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of organo-sulphur compounds. At the same time, Hungary (X%), Poland (X%), Belarus (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Lithuania (X%) and Slovakia (X%) illustrated a downward trend over the same period. Poland (X p.p.), Hungary (X p.p.), Belarus (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while Slovakia and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest organo-sulphur compound supplying countries in Eastern Europe were Russia ($X), Hungary ($X) and Poland ($X), with a combined X% share of total exports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 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 Hungary ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Organo-Sulphur Compound Imports

Imports in Eastern Europe

Organo-sulphur compound imports stood at X tons in 2022, with an increase of X% on 2021. Total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, organo-sulphur compound imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Russia was the main importer of organo-sulphur compounds in Eastern Europe, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Poland (X tons), Hungary (X tons), Ukraine (X tons) and Romania (X tons), together achieving a X% share of total imports. The following importers - the Czech Republic (X tons) and Belarus (X tons) - each reached an X% share of total imports.

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 X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compound importing markets in Eastern Europe were Russia ($X), Poland ($X) and Hungary ($X), together comprising X% of total imports.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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