MERCOSUR: Sulphur Market 2024

Sulphur Market Size in MERCOSUR

The MERCOSUR sulphur market fell to $X in 2022, dropping by X% against the previous year. In general, consumption recorded a perceptible slump. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sulphur Production in MERCOSUR

In value terms, sulphur production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then shrank markedly in the following year.

Sulphur Exports

Exports in MERCOSUR

In 2022, sulphur exports in MERCOSUR dropped to X tons, which is down by X% against the previous year's figure. Overall, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sulphur exports soared to $X in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Chile (X tons) was the key exporter of sulphur, generating X% of total exports. Venezuela (X tons) ranks second in terms of the total exports with a X% share, followed by Brazil (X%) and Colombia (X%). Peru (X tons) took a little share of total exports.

Exports from Chile decreased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%) and Peru (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) and Venezuela (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Brazil, Colombia and Peru increased by X, X, X and X percentage points, respectively.

In value terms, the largest sulphur supplying countries in MERCOSUR were Chile ($X), Brazil ($X) and Venezuela ($X), with a combined X% share of total exports.

Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 MERCOSUR stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

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

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

Sulphur Imports

Imports in MERCOSUR

In 2022, after two years of growth, there was significant decline in purchases abroad of sulphur, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, sulphur imports surged to $X in 2022. Overall, imports, however, posted a measured increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Chile (X tons), creating a X% share of total imports. The following importers - Argentina (X tons) and Uruguay (X tons) - together made up X% of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of sulphur. At the same time, Uruguay (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile experienced a relatively flat trend pattern. By contrast, Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported sulphur in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price saw a resilient increase. As a result, import price reached the peak level and is likely to continue 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 Brazil ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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