Europe: Thiosulphates Market 2024

Thiosulphates Market Size in Europe

In 2023, the Europe thiosulphates market increased by X% to $X, rising for the fourth year in a row after two years of decline. The total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs in 2023 and is expected to retain growth in years to come.

Thiosulphates Production in Europe

In value terms, thiosulphates production reduced slightly to $X in 2023 estimated in export price. Overall, production, however, saw a moderate expansion. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Thiosulphates Exports

Exports in Europe

In 2023, after six years of growth, there was significant decline in shipments abroad of thiosulphates, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2022, and then declined remarkably in the following year.

In value terms, thiosulphates exports reduced rapidly to $X in 2023. Overall, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then shrank sharply in the following year.

Exports by Country

France (X tons) and Belgium (X tons) were the largest exporters of thiosulphates in 2023, amounting to near X% and X% of total exports, respectively. It was distantly followed by Germany (X tons) and the Netherlands (X tons), together making up a X% share of total exports. Lithuania (X tons) took a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest thiosulphates supplying countries in Europe were Belgium ($X), France ($X) and Germany ($X), together accounting for X% of total exports. The Netherlands and Lithuania lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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 2023, the export price in Europe amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The pace of growth was the most pronounced in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 Europe

Thiosulphates imports shrank to X tons in 2023, waning by X% against the year before. Total imports indicated a tangible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, thiosulphates imports shrank to $X in 2023. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then dropped in the following year.

Imports by Country

The purchases of the six major importers of thiosulphates, namely Germany, Ukraine, France, the UK, Lithuania and Spain, represented more than two-thirds of total import. The Netherlands (X tons) ranks next in terms of the total imports with a X% share, followed by Belgium (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Spain ($X) and France ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The UK, Germany, the Netherlands, Belgium and Lithuania lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in Europe stood at $X per ton in 2023, falling by X% against the previous year. Import price indicated a perceptible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, thiosulphates import price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, 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