In 2023, China led the global export market for sulphites and thiosulphates with exports valued at $75.21 million, followed by Italy at $43.66 million and the United States at $41.96 million. The year-on-year change from 2022 saw Italy and the United States increase their export values, contributing to a competitive landscape. India's exports stood significant at $13.03 million, followed by European exporters like Germany, Turkey, and Belgium, with values around the $9 million mark. Over the past five years, the compound annual growth rate shows a gradual but steady increase in exports across these key players.
Future trends to watch include China's continued dominance and potential expansions into new markets, as well as increased export activities from emerging markets like India. Technological advancements and regulatory changes in global trade may also affect these exports, creating opportunities and challenges for the top exporting countries.
Top countries in Top Exporters of Sulphites, Thiosulphates
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 75.21 | 2016 | |
| 2 | 2 Italy | 43.66 | 2016 | |
| 3 | 3 United States | 41.96 | 2016 | |
| 4 | 4 India | 13.03 | 2016 | |
| 5 | 5 Germany | 9.46 | 2016 | |
| 6 | 6 Turkey | 9.35 | 2016 | |
| 7 | 7 Belgium | 9.22 | 2016 | |
| 8 | 8 United Kingdom | 6.48 | 2016 | |
| 9 | 9 South Africa | 5.88 | 2016 | |
| 10 | 10 Japan | 4.78 | 2016 |