Pakistan: Sulphur Market 2022

Sulphur Market Size in Pakistan

In 2020, the Pakistani sulphur market decreased by -X% to $X, falling for the tenth year in a row after two years of growth. Over the period under review, consumption recorded a deep downturn. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2010; however, from 2011 to 2020, consumption remained at a lower figure.

Sulphur Production in Pakistan

In value terms, sulphur production contracted modestly to $X in 2020 estimated in export prices. Overall, production recorded a deep reduction. The pace of growth appeared the most rapid in 2009 when the production volume increased by X% against the previous year. Sulphur production peaked at $X in 2010; however, from 2011 to 2020, production remained at a lower figure.

Sulphur Exports

Exports from Pakistan

In 2020, approx. X tonnes of sulphur (sublimed or precipitated) and colloidal sulphur were exported from Pakistan; reducing by -X% against 2019. Over the period under review, exports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes, and then dropped sharply in the following year.

In value terms, sulphur exports reached $X in 2020. In general, exports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for sulphur exports from Pakistan, accounting for a X% share of total exports. Moreover, sulphur exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sri Lanka (X tonnes), twofold.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates stood at +X%.

In value terms, Sri Lanka ($X) remains the key foreign market for sulphur exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Sri Lanka was relatively modest.

Export Prices by Country

In 2020, the average sulphur export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the export price, however, showed a mild setback. The export price peaked at $X per tonne in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Sri Lanka ($X per tonne), while the average price for exports to the United Arab Emirates amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka.

Sulphur Imports

Imports into Pakistan

In 2020, supplies from abroad of sulphur (sublimed or precipitated) and colloidal sulphur decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, sulphur imports surged to $X in 2020. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest sulphur supplier to Pakistan, with a X% share of total imports. Moreover, sulphur imports from Germany exceeded the figures recorded by the second-largest supplier, China (X kg), ninefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany amounted to +X%.

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

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

Import Prices by Country

In 2020, the average sulphur import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was China ($X per tonne), while the price for Germany amounted to $X per tonne.

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

Source: IndexBox Platform