EU: Thiosulphates Market 2024

Thiosulphates Market Size in the EU

The EU thiosulphates market expanded markedly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Thiosulphates Production in the EU

In value terms, thiosulphates production expanded notably to $X in 2022 estimated in export price. In general, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Thiosulphates Exports

Exports in the EU

In 2022, thiosulphates exports in the European Union rose significantly to X tons, picking up by X% compared with the previous year's figure. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, thiosulphates exports skyrocketed to $X in 2022. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

France was the key exporting country with an export of around X tons, which reached X% of total exports. Belgium (X tons) held the second position in the ranking, followed by Germany (X tons) and the Netherlands (X tons). All these countries together took near X% share of total exports.

France was also the fastest-growing in terms of the thiosulphates exports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%), the Netherlands (X%) and Germany (X%) displayed positive paces of growth. From 2012 to 2022, the share of France, Belgium and the Netherlands increased by X, X and X percentage points, respectively.

In value terms, the largest thiosulphates supplying countries in the European Union were France ($X), Belgium ($X) and Germany ($X), with a combined X% share of total exports.

France, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

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

Thiosulphates Imports

Imports in the EU

In 2022, imports of thiosulphates in the European Union declined modestly to X tons, leveling off at the previous year's figure. Total imports indicated a measured 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. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, thiosulphates imports expanded significantly to $X in 2022. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons) and France (X tons) represented roughly X% of total imports in 2022. Belgium (X tons) ranks next in terms of the total imports with a X% share, followed by Lithuania (X%), Spain (X%), the Netherlands (X%) and Romania (X%).

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

In value terms, France ($X), Germany ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Netherlands, Spain, Lithuania and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Lithuania, 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

The import price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a perceptible expansion 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, thiosulphates import price increased by X% against 2016 indices. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 the Netherlands ($X per ton), while Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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