ASEAN: Market for Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine 2024

Market Size for Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine in ASEAN

The ASEAN market for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine totaled $X in 2022, increasing by X% against the previous year. The total consumption indicated prominent growth 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 increased by X% against 2016 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine in ASEAN

In value terms, production of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine expanded to $X in 2022 estimated in export price. The total production indicated a notable increase 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine

Exports in ASEAN

In 2022, approx. X tons of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine were exported in ASEAN; with an increase of X% on the previous year. Overall, exports, however, saw a abrupt downturn. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine surged to $X in 2022. Over the period under review, exports, however, saw a abrupt contraction. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia was the main exporter of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine in ASEAN, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X tons), achieving a X% share of total exports. The following exporters - Indonesia (X tons) and Thailand (X tons) - each resulted at a X% share of total exports.

Malaysia was also the fastest-growing in terms of the organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine exports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%) displayed positive paces of growth. By contrast, Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia and Indonesia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Malaysia ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine

Imports in ASEAN

In 2022, purchases abroad of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine increased by X% to X tons, rising for the third year in a row after two years of decline. Total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. 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 of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine soared to $X in 2022. Total imports indicated notable growth 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, imports increased by X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the four major importers of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine, namely Indonesia, Thailand, Vietnam and Singapore, represented more than two-thirds of total import. It was distantly followed by Malaysia (X tons), creating an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine importing markets in ASEAN were Indonesia ($X), Thailand ($X) and Vietnam ($X), with a combined X% share of total imports.

In terms of the main importing countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Vietnam ($X per ton) and Singapore ($X per ton), while Malaysia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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