United Kingdom: Sulphur Market 2022

Sulphur Market Size in the UK

The UK sulphur market plummeted to $X in 2020, dropping by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the market value increased by X% year-to-year. Sulphur consumption peaked at $X in 2019, and then fell markedly in the following year.

Sulphur Production in the UK

In value terms, sulphur production declined notably to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a slight increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019, and then reduced remarkably in the following year.

Sulphur Exports

Exports from the UK

Sulphur exports from the UK surged to X tonnes in 2020, increasing by X% on the previous year's figure. Over the period under review, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Exports peaked at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, sulphur exports surged to $X in 2020. In general, exports, however, recorded a pronounced contraction. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Sri Lanka (X tonnes) was the main destination for sulphur exports from the UK, with a X% share of total exports. Moreover, sulphur exports to Sri Lanka exceeded the volume sent to the second major destination, India (X tonnes), twofold. The third position in this ranking was occupied by Portugal (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Sri Lanka stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Portugal (+X% per year).

In value terms, the largest markets for sulphur exported from the UK were Sri Lanka ($X), China ($X) and India ($X), with a combined X% share of total exports.

Sri Lanka recorded the highest growth rate of the value of exports, in terms of 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 sulphur export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced mixed trend patterns.

Sulphur Imports

Imports into the UK

In 2020, the amount of sulphur (sublimed or precipitated) and colloidal sulphur imported into the UK shrank rapidly to X tonnes, declining by -X% against the year before. Overall, imports faced a drastic downturn. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, sulphur imports plummeted to $X in 2020. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest sulphur supplier to the UK, accounting for a X% share of total imports. Moreover, sulphur imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tonnes), threefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Italy (-X% per year).

In value terms, the largest sulphur suppliers to the UK were Germany ($X), France ($X) and Italy ($X), together accounting for X% of total imports.

Italy recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average sulphur import price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform