EU: Sulphonamides Market 2024

Sulphonamides Market Size in the EU

After two years of growth, the EU sulphonamides market decreased by X% to $X in 2022. Overall, consumption posted resilient growth. The level of consumption peaked at $X in 2021, and then fell in the following year.

Sulphonamides Production in the EU

In value terms, sulphonamides production contracted to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Sulphonamides Exports

Exports in the EU

In 2022, shipments abroad of sulphonamides was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Total exports indicated a buoyant increase 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. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, sulphonamides exports shrank to $X in 2022. Total exports indicated a temperate 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, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the Netherlands (X tons) represented the key exporter of sulphonamides, generating X% of total exports. Belgium (X tons) ranks second in terms of the total exports with a X% share, followed by Lithuania (X%) and Germany (X%). The following exporters - France (X tons) and Italy (X tons) - each finished at a X% share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Lithuania (X%) and France (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, Germany (X%) and Italy (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total exports, while Italy, Germany and Belgium saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest sulphonamides supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

In Belgium, sulphonamides exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 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 France ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

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

Sulphonamides Imports

Imports in the EU

For the third consecutive year, the European Union recorded growth in overseas purchases of sulphonamides, which increased by X% to X tons in 2022. In general, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphonamides imports reduced modestly to $X in 2022. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of sulphonamides imports in 2022 were Spain (X tons), the Netherlands (X tons) and Germany (X tons), together amounting to X% of total import. France (X tons) took the next position in the ranking, distantly followed by Italy (X tons) and Belgium (X tons). All these countries together took approx. X% share of total imports. Poland (X tons) followed a long way behind the leaders.

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

In value terms, the largest sulphonamides importing markets in the European Union were Spain ($X), Belgium ($X) and France ($X), with a combined X% share of total imports.

In terms of the main importing countries, Spain, with a CAGR of X%, saw the highest growth rate of 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 the European Union amounted to $X per ton, which is down by X% against the previous year. Import price indicated prominent 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, sulphonamides import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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