Eastern Asia: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Eastern Asia

The East Asian sulphides of non-metals market reduced rapidly to $X in 2023, shrinking by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined significantly in the following year.

Sulphides Of Non-Metals Production in Eastern Asia

In value terms, sulphides of non-metals production fell to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

Sulphides Of Non-Metals Exports

Exports in Eastern Asia

In 2023, after two years of growth, there was significant decline in shipments abroad of sulphides of non-metals and commercial phosphorus trisulphide, when their volume decreased by X% to X tons. Overall, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphides of non-metals exports contracted notably to $X in 2023. Over the period under review, exports, however, continue to indicate noticeable growth. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

In 2023, China (X tons) was the largest exporter of sulphides of non-metals and commercial phosphorus trisulphide, making up X% of total exports. It was distantly followed by Japan (X tons), achieving a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of sulphides of non-metals and commercial phosphorus trisulphide. Japan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Japan (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest sulphides of non-metals supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in China amounted to X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while Japan totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%).

Sulphides Of Non-Metals Imports

Imports in Eastern Asia

In 2023, the amount of sulphides of non-metals and commercial phosphorus trisulphide imported in Eastern Asia reduced remarkably to X tons, falling by X% against the previous year. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2022 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, sulphides of non-metals imports dropped slightly to $X in 2023. Total imports indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Japan (X tons) and Taiwan (Chinese) (X tons) represented the key importers of sulphides of non-metals and commercial phosphorus trisulphide in 2023, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by South Korea (X tons), generating a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, South Korea ($X) constitutes the largest market for imported sulphides of non-metals and commercial phosphorus trisulphide in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports.

In South Korea, sulphides of non-metals imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2023, surging by X% against the previous year. In general, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform