The top importers of organo-sulphur compounds are predominantly led by China, with an import value of $819.65 million, followed by the United States at $778.32 million, and Brazil at $612.52 million. The rest of the list includes Belgium, Germany, Japan, South Korea, India, Spain, and Mexico, each contributing significantly to the global demand.
Year-on-year, the industry has seen varying growth with China and the United States maintaining strong import percentages. Brazil's imports have surged, reflecting a robust increase. On a five-year compound annual growth rate (CAGR) basis, these countries show differing trends, with China and the U.S. favoring steady growth while others like Brazil and India depict accelerated demand.
Future trends indicate a growing shift towards sustainable and eco-friendly chemicals, potentially impacting the demand dynamics. Monitoring regulatory developments and technological advancements in sulfur compound applications will be crucial for identifying growth opportunities in this sector.
Top countries in Top Importers of Organo-Sulphur Compounds
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 819.65 | 2016 | |
| 2 | 2 United States | 778.32 | 2016 | |
| 3 | 3 Brazil | 612.52 | 2016 | |
| 4 | 4 Belgium | 402.69 | 2016 | |
| 5 | 5 Germany | 367.56 | 2016 | |
| 6 | 6 Japan | 293.62 | 2016 | |
| 7 | 7 South Korea | 288.66 | 2016 | |
| 8 | 8 India | 235.37 | 2016 | |
| 9 | 9 Spain | 228.25 | 2016 | |
| 10 | 10 Mexico | 203.92 | 2016 |