Southern Asia: Sulphonamides Market 2024

Sulphonamides Market Size in Southern Asia

In 2022, the South Asian sulphonamides market decreased by X% to $X, falling for the second consecutive year after three years of growth. The total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sulphonamides Production in Southern Asia

In value terms, sulphonamides production stood at $X in 2022 estimated in export price. In general, production enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sulphonamides Exports

Exports in Southern Asia

For the fifth year in a row, Southern Asia recorded growth in overseas shipments of sulphonamides, which increased by X% to X tons in 2022. In general, exports showed a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, sulphonamides exports expanded rapidly to $X in 2022. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The shipments of the one major exporters of sulphonamides, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the sulphonamides exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest sulphonamides supplier in Southern Asia.

In India, sulphonamides exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Sulphonamides Imports

Imports in Southern Asia

After two years of growth, purchases abroad of sulphonamides decreased by X% to X tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, sulphonamides imports shrank to $X in 2022. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

India represented the largest importer of sulphonamides in Southern Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together mixing up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sulphonamides imports into India stood at X%. At the same time, Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan and Bangladesh increased by X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported sulphonamides in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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