Eastern Europe: Sulphur Market 2024

Sulphur Market Size in Eastern Europe

The East European sulphur market contracted to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sulphur Production in Eastern Europe

In value terms, sulphur production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable decrease. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Sulphur Exports

Exports in Eastern Europe

In 2022, overseas shipments of sulphur increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a perceptible descent. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sulphur exports contracted to $X in 2022. Overall, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Poland (X tons), achieving a X% share of total exports. Bulgaria (X tons) and Romania (X tons) took a little share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Poland (X%) illustrated a downward trend over the same period. Bulgaria (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total exports, while Poland saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest sulphur supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with an X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Sulphur Imports

Imports in Eastern Europe

In 2022, approx. X tons of sulphur were imported in Eastern Europe; falling by X% compared with the previous year. In general, imports saw a slight slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphur imports dropped to $X in 2022. Total imports indicated a modest expansion 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Russia was the main importer of sulphur in Eastern Europe, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Belarus (X tons) held the second position in the ranking, distantly followed by Ukraine (X tons), Lithuania (X tons) and the Czech Republic (X tons). All these countries together took approx. X% share of total imports.

Russia was also the fastest-growing in terms of the sulphur imports, with a CAGR of X% from 2012 to 2022. The Czech Republic experienced a relatively flat trend pattern. Belarus (X%), Lithuania (X%) and Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sulphur importing markets in Eastern Europe were Belarus ($X), Russia ($X) and Ukraine ($X), with a combined X% share of total imports.

Among the main importing countries, Belarus, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price 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, sulphur import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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