
Russian Federation - Organo-Sulphur Compounds - Market Analysis, Forecast, Size, Trends and Insights
Russian Federation: Organo-Sulphur Compound Market 2023
Organo-Sulphur Compound Market Size in the Russian Federation
In 2022, the Russian organo-sulphur compound market decreased by -5.4% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.
Organo-Sulphur Compound Production in the Russian Federation
In value terms, organo-sulphur compound production declined to $X in 2022 estimated in export price. In general, production saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Organo-sulphur compound production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.
Organo-Sulphur Compound Exports
Exports from the Russian Federation
Organo-sulphur compound exports from Russia shrank slightly to X tons in 2022, almost unchanged from the year before. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 32% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.
In value terms, organo-sulphur compound exports reduced to $X in 2022. Over the period under review, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 21%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Belarus (X tons), Kazakhstan (X tons) and Uzbekistan (X tons) were the main destinations of organo-sulphur compound exports from Russia, together comprising 39% of total exports. Oman, the Netherlands, Tajikistan and Ukraine lagged somewhat behind, together accounting for a further 11%.
From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +45.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for organo-sulphur compound exported from Russia were Belarus ($X), Kazakhstan ($X) and Uzbekistan ($X), together comprising 39% of total exports. Oman, the Netherlands, Tajikistan and Ukraine lagged somewhat behind, together accounting for a further 10%.
Oman, with a CAGR of +40.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average organo-sulphur compound export price stood at $X per ton in 2022, shrinking by -7.5% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 23%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+28.5%), while the prices for the other major destinations experienced mixed trend patterns.
Organo-Sulphur Compound Imports
Imports into the Russian Federation
Organo-sulphur compound imports into Russia expanded significantly to X tons in 2022, increasing by 13% against 2021 figures. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 123%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, organo-sulphur compound imports amounted to $X in 2022. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 111% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.
Imports by Country
Belgium (X tons), China (X tons) and Singapore (X tons) were the main suppliers of organo-sulphur compound imports to Russia, together comprising 39% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +686.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Belgium ($X), China ($X) and Singapore ($X) were the largest organo-sulphur compound suppliers to Russia, with a combined 40% share of total imports.
Singapore, with a CAGR of +720.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average organo-sulphur compound import price amounted to $X per ton, shrinking by -8% against the previous year. Overall, the import price showed a pronounced setback. The growth pace was the most rapid in 2021 an increase of 17% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the organo-sulphur compound market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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