Japan: Sulphur Market 2022

Sulphur Market Size in Japan

The Japanese sulphur market shrank to $X in 2020, which is down by -X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the market value increased by X% against the previous year. Sulphur consumption peaked at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Sulphur Production in Japan

In value terms, sulphur production declined to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Sulphur Exports

Exports from Japan

In 2020, the amount of sulphur (sublimed or precipitated) and colloidal sulphur exported from Japan declined slightly to X tonnes, with a decrease of -X% against 2019 figures. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, sulphur exports contracted to $X in 2020. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tonnes), China (X tonnes) and South Korea (X tonnes) were the main destinations of sulphur exports from Japan, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Thailand, while shipments for the other leaders experienced a decline.

In value terms, the largest markets for sulphur exported from Japan were China ($X), Thailand ($X) and South Korea ($X), with a combined X% share of total exports.

Among the main countries of destination, Thailand recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average sulphur export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, export price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, sulphur export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was China ($X per tonne), while the average price for exports to Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Japan

In 2020, purchases abroad of sulphur (sublimed or precipitated) and colloidal sulphur decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, imports recorded a mild shrinkage. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, sulphur imports fell remarkably to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, South Korea (X tonnes) was the main supplier of sulphur to Japan, accounting for a X% share of total imports. It was followed by France (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from South Korea amounted to -X%.

In value terms, South Korea ($X) constituted the largest supplier of sulphur to Japan, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from South Korea stood at +X%.

Import Prices by Country

The average sulphur import price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for South Korea totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea.

Source: IndexBox Platform