EU: Sulphur Market 2024

Sulphur Market Size in the EU

In 2023, the EU sulphur market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption, however, saw a noticeable descent. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Sulphur Production in the EU

In value terms, sulphur production reduced slightly to $X in 2023 estimated in export price. In general, production, however, saw a slight contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Sulphur Exports

Exports in the EU

In 2023, approx. X tons of sulphur (sublimed or precipitated) and colloidal sulphur were exported in the European Union; falling by X% on the previous year's figure. Overall, exports showed a noticeable slump. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, sulphur exports reduced markedly to $X in 2023. In general, exports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Slovakia dominates exports structure, reaching X tons, which was near X% of total exports in 2023. It was distantly followed by Poland (X tons), creating a X% share of total exports. Germany (X tons) and Spain (X tons) took a little share of total exports.

Slovakia experienced a relatively flat trend pattern with regard to volume of exports of sulphur (sublimed or precipitated) and colloidal sulphur. At the same time, Spain (X%) and Germany (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Poland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Slovakia, Germany and Spain increased by X, X and X percentage points, respectively.

In value terms, Spain ($X), Slovakia ($X) and Poland ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Among the main exporting countries, Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then contracted notably in the following year.

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

From 2012 to 2023, 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 the EU

In 2023, approx. X tons of sulphur (sublimed or precipitated) and colloidal sulphur were imported in the European Union; shrinking by X% on 2022 figures. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, sulphur imports dropped notably to $X in 2023. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2022 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Austria (X tons) represented the main importer of sulphur (sublimed or precipitated) and colloidal sulphur, creating X% of total imports. The Czech Republic (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Germany (X%) and France (X%). The following importers - Portugal (X tons), Sweden (X tons) and Spain (X tons) - each accounted for an X% share of total imports.

Imports into Austria decreased at an average annual rate of X% from 2012 to 2023. At the same time, Portugal (X%), Sweden (X%), France (X%) and Spain (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Germany (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Austria (X p.p.), France (X p.p.), Portugal (X p.p.), Sweden (X p.p.) and Spain (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) constitutes the largest market for imported sulphur (sublimed or precipitated) and colloidal sulphur in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Austria, with an X% share.

In the Czech Republic, sulphur imports shrank by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Austria (X% per year).

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Austria ($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 Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform