Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in China
Market Overview
For the fourth consecutive year, the Chinese market for organo-sulphur compounds and other organo-inorganic compounds recorded decline in sales value, which decreased by -
% to $ in . In general, consumption, however, saw mild growth. Consumption of peaked at $ in 2016; however, from 2017 to , consumption failed to regain momentum.
In value terms, production of organo-sulphur compounds and other organo-inorganic compounds dropped to $ in estimated in export price. Overall, production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2008 with an increase of %. Over the period under review, production of hit record highs at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.
% to $ in . In general, consumption, however, saw mild growth. Consumption of peaked at $ in 2016; however, from 2017 to , consumption failed to regain momentum.In value terms, production of organo-sulphur compounds and other organo-inorganic compounds dropped to $
in estimated in export price. Overall, production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2008 with an increase of %. Over the period under review, production of hit record highs at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.Consumption
In , consumption of organo-sulphur compounds and other organo-inorganic compounds in China declined remarkably to tons, reducing by -% on figures. In general, consumption, however, saw a measured expansion. As a result, consumption reached the peak volume of tons. From 2015 to , the growth of the consumption of remained at a lower figure.
The revenue of the market for organo-sulphur compounds and other organo-inorganic compounds in China shrank dramatically to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a mild increase. Consumption of peaked at $ in 2016; however, from 2017 to , consumption failed to regain momentum.
, consumption of organo-sulphur compounds and other organo-inorganic compounds in China declined remarkably to tons, reducing by -% on figures. In general, consumption, however, saw a measured expansion. As a result, consumption reached the peak volume of tons. From 2015 to , the growth of the consumption of remained at a lower figure.The revenue of the market for organo-sulphur compounds and other organo-inorganic compounds in China shrank dramatically to $
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a mild increase. Consumption of peaked at $ in 2016; however, from 2017 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for organo-sulphur compounds and other organo-inorganic compounds in China, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total organo-sulphur compounds and other organo-inorganic compounds consumption in China was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the China organo-sulphur compounds and other organo-inorganic compounds market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the China organo-sulphur compounds and other organo-inorganic compounds market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
China remains a net exporter of organo-sulphur compounds and other organo-inorganic compounds; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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