Production, Consumption, Prices and Forecast to 2030 – IndexBox


IndexBox, Inc.

Companies mentioned in the report: Exxon Mobil Corp., Valero Energy Corp., Marathon, Petroleum Corp., Conoco, Phillips Co., Motiva Enterprises LLC, BP ​​PLC., CITGO Petroleum Corp., Chevron Corp., ASARCO LLC, Rio Tinto Kennecott Corp., FreeportMcMoRan Copper & Gold Inc., Koch Refining Co., Air Products and Chemicals, Materion Advanced Materials Group, PPG Industries, Eastman Chemical Co., Valero, Reagent Chemical & Research, Evans Chemetics Hampshire Chemical Corp., Witco USA

NEW YORK, April 28, 2022 (GLOBE NEWSWIRE) — IndexBox has released a new report: ‘United States – Sulfur – Market Analysis, Forecast, Size, Trends and Prospects’. Here is a summary of the main findings of the report.

American sulfur Market statistics

Imports

US$261.9 million

Exports

US$199.1 million

Main foreign suppliers

Canada, Kazakhstan, Russia

Main export destinations

Mexico, Brazil, New Caledonia

In 2021, the U.S. sulfur market was finally on the rise to $1.2 billion for the first time since 2018, ending a two-year downward trend. In general, however, consumption recorded a slight decline. Over the period under review, the market peaked at $1.4 billion in 2011; however, from 2012 to 2021, consumption has not regained momentum. REQUEST FREE DATA

Sulfur production in the United States

In 2021, after two years of decline, sulfur production increased, with its volume increasing by 2.7% to 8.1 million tonnes. Overall, however, production recorded a slight reduction. The pace of growth was most pronounced in 2014 when production volume increased by 4.6% compared to the previous year. Sulfur production peaked at 9.7 million tonnes in 2016; however, from 2017 to 2021 production was at a slightly lower figure. REQUEST FREE DATA

US sulfur exports

In 2021, overseas sulfur shipments fell -11.7% to 1.1 million tonnes, down for the third consecutive year after four years of growth. During the period under review, exports continue to show a slight decline. REQUEST FREE DATA

In value, sulfur exports climbed to $199 million in 2021. In general, exports showed a noticeable reduction. Over the period under review, exports peaked at $361 million in 2012; however, from 2013 to 2021 exports have been at a slightly lower figure.

Exports by country

Mexico (464,000 tons), Brazil (384,000 tons) and New Caledonia (76,000 tons) were the top destinations for US sulfur exports, with a combined share of 83% of total supplies. These countries were followed by Morocco, Argentina, Uruguay and Belgium, which together accounted for an additional 12%.

In terms of value, the largest markets for sulfur exported from the United States were Mexico ($81 million), Brazil ($62 million) and New Caledonia ($14 million), together representing 79% of total supplies. Argentina, Uruguay, Morocco and Belgium lag slightly behind, together accounting for an additional 12%.

Among the main destination countries, Argentina has recorded the highest growth rate in the value of exports over the past decade, while shipments from the other leaders have experienced more modest growth rates.

Export prices by country

The average sulfur export price stood at $179 per ton in 2021, up 145% from the previous year. Prices varied significantly depending on the country of destination; the country with the highest price was Argentina ($308 per ton), while the average export price to Morocco ($94 per ton) was among the lowest. From 2011 to 2021, the most notable growth rate in terms of prices has been recorded for supplies to Argentina, while prices for other major destinations have experienced a decline.

US imports of sulfur

In 2021, the amount of sulfur imported into the United States reached 1.9 million tonnes, up 9.9% from 2020. In general, however, imports showed a slight decline.

In value, sulfur imports jumped to $262 million in 2021. During the period under review, however, imports saw a noticeable decline. Imports peaked at $319 million in 2011; however, from 2012 to 2021, imports have not regained momentum.

Imports by country

In 2021, Canada (1.2 million tonnes) was the largest supplier of sulfur to the United States, with a 64% share of total imports. In addition, sulfur imports from Canada exceeded the figures recorded by the second supplier, Kazakhstan (572K tonnes), by more than double.

By value, the largest suppliers of sulfur to the United States were Canada ($165 million), Kazakhstan ($85 million), and Russia ($8.7 million), with a combined share of 99% of total imports.

Among the major suppliers, Kazakhstan has recorded the highest growth rate in import value over the past decade, while purchases from other leaders have experienced a decline.

Import prices by country

The average sulfur import price stood at $138 per ton in 2021, up 109% from the previous year. There were significant differences in average prices between major supplying countries. In 2021, the country with the highest price was Kazakhstan ($149 per ton), while the price for Russia ($81 per ton) was among the lowest. From 2011 to 2021, the most notable growth rate in terms of prices was achieved by Canada, while prices from other major suppliers experienced a decline.

About IndexBox

IndexBox is a market research company developing an AI-powered market intelligence platform that helps business analysts find actionable insights and make data-driven decisions. The platform provides data on consumption, production, trade and prices for over 10,000 different products in 200 countries.

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Product coverage

Sulfur of any kind (excluding sublimed sulfur, precipitated sulfur and colloidal sulfur).

Related links

sulfur market

Nitrogen market

Oxygen Market

Chlorine market

carbon dioxide market

CONTACT: Contact Information Mekhrona Dzhuraeva Editor [email protected]

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