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China - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jul 12, 2024

China's Sulphur Imports Dive to $1.1 Billion in 2023

China Sulphur Imports

After three years of decline, overseas purchases of sulphur increased by 16% to 8.8M tons in 2023. Over the period under review, imports, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 17% against the previous year. Imports peaked at 12M tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, sulphur imports shrank rapidly to $1.1B (IndexBox estimates) in 2023. In general, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 143% against the previous year. Imports peaked at $2.3B in 2022, and then fell remarkably in the following year. China Sulphur Imports By Country (Million USD)

COUNTRY	Import Value of Sulphur in China (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Canada	106	81.3	119	83.7	103	121	114	25.7	87.3	218	166
United Arab Emirates	153	74.3	229	179	203	273	235	161	246	310	149
South Korea	122	151	172	109	108	154	115	53.7	156	272	114
Saudi Arabia	230	302	373	257	267	332	193	75.0	244	211	111
Qatar	94.2	103	105	66.6	115	148	168	39.3	95.2	72.6	93.1
Iran	123	211	196	90.8	137	140	136	66.5	138	244	87.6
Kuwait	41.4	32.4	32.1	25.1	21.0	45.3	24.4	17.4	55.4	110	82.8
Japan	138	153	146	98.3	104	135	92.5	41.0	102	209	77.4
Others	412	475	406	248	177	304	234	125	344	663	240
Total	1,419	1,582	1,778	1,158	1,235	1,651	1,311	604	1,469	2,309	1,121

Imports by Country

Canada (1.2M tons), South Korea (1.1M tons) and the United Arab Emirates (1.1M tons) were the main suppliers of sulphur imports to China, together accounting for 39% of total imports. Saudi Arabia, Japan, Qatar, Iran and Kuwait lagged somewhat behind, together comprising a further 40%.

From 2013 to 2023, the biggest increases were recorded for Kuwait (with a CAGR of +7.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($166M), the United Arab Emirates ($149M) and South Korea ($114M) were the largest sulphur suppliers to China, together accounting for 38% of total imports. Saudi Arabia, Qatar, Iran, Kuwait and Japan lagged somewhat behind, together accounting for a further 40%.

Kuwait, with a CAGR of +7.2%, saw 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 mixed trend patterns.

Import Prices by Country

In 2023, the sulphur price stood at $127 per ton (CIF, China), declining by -58% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 143%. Over the period under review, average import prices attained the peak figure at $302 per ton in 2022, and then shrank rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Kazakhstan ($143 per ton) and Iran ($137 per ton), while the price for Japan ($98 per ton) and South Korea ($100 per ton) were amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sulphur market in China. 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.

Product coverage:

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

China - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

China's Sulphur Imports Dive to $1.1 Billion in 2023

China Sulphur Imports

Imports by Country

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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