Sulfur production at petroleum refineries in Australia remained constant at 90.0 thousand metric tons from 2013 to 2019, showing no year-on-year variation during this period. A noticeable decrease occurred in 2020 with a year-on-year decline of -14.23%, followed by a sharp increase in 2021 with a 23.07% rise. Recent data for 2022 and 2023 show modest year-on-year increases of 2.11% and 1.03%, respectively. The Compound Annual Growth Rate (CAGR) over the last 5 years is about 1.72%. Forecast data suggests a steady growth rate with a 5-year CAGR of 1.42%, leading to an overall growth rate of 7.32% by 2028.
Future trends to watch include advancements in refinery technologies, environmental regulations, and global sulfur demand, which could impact production levels in the coming years.
