Northern America: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2023

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Northern America

In 2021, the North American sulphides, dithionites and sulphoxylates market increased by 27% to $X, rising for the fourth consecutive year after five years of decline. The total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +77.6% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Northern America

In value terms, sulphides, dithionites and sulphoxylates production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 12% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports in Northern America

In 2021, overseas shipments of sulphides, polysulphides, dithionites and sulphoxylates decreased by -12.5% to X tons, falling for the third consecutive year after three years of growth. Overall, exports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 12%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports contracted slightly to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 14%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States dominates exports structure, amounting to X tons, which was approx. 96% of total exports in 2021. Canada (X tons) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the sulphides, polysulphides, dithionites and sulphoxylates exports, with a CAGR of -1.7% from 2012 to 2021. Canada (-17.3%) illustrated a downward trend over the same period. While the share of the United States (+11 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Canada (-11.3 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest sulphides, dithionites and sulphoxylates supplier in Northern America, comprising 96% of total exports. The second position in the ranking was taken by Canada ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, picking up by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+11.4%).

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports in Northern America

In 2021, after two years of decline, there was growth in purchases abroad of sulphides, polysulphides, dithionites and sulphoxylates, when their volume increased by 4% to X tons. In general, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of 17% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 19%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The United States represented the key importing country with an import of around X tons, which accounted for 73% of total imports. It was distantly followed by Canada (X tons), creating a 27% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to sulphides, dithionites and sulphoxylates imports into the United States stood at -7.1%. Canada (-6.7%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported sulphides, polysulphides, dithionites and sulphoxylates in Northern America, comprising 78% of total imports. The second position in the ranking was taken by Canada ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -4.8%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, rising by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2014 when the import price increased by 29%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.4%).

Source: IndexBox Platform

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