The global exports of sulphides and polysulphides of metals in 2023 were dominated by China, the United States, and Austria as key players in this market. China and the United States showed potential growths with year-on-year variations of 1.12% and 2.34%, respectively. Despite significant exports, certain countries like Belgium and Japan experienced minimal or negative growth. In contrast, nations like India, Namibia, and Poland saw noticeable increases, pointing to potential emerging markets. The Philippines faced a substantial decline of 7.75%, reflecting a contraction in their export capacity.
In terms of future trends for 2024, keen attention should be given to emerging markets like Malaysia, which has exhibited substantial growth, along with the resilient markets in Namibia and El Salvador. These countries may experience increased competition as more nations try to capture this growing market. Additionally, the continued development of green technology and sustainable practices could influence the demand dynamics and thus the export trends of these chemical compounds.
Top countries in Export of Sulphides and Polysulphides of Metals by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 134,410,000 | 2023 | +1.97% | +1.12% | View data |
| 2 | 2 United States | 118,670,000 | 2023 | +2.68% | +2.34% | View data |
| 3 | 3 Austria | 89,526,000 | 2023 | +6.6% | +2.31% | View data |
| 4 | 4 Germany | 66,229,000 | 2023 | +2.29% | +1.82% | View data |
| 5 | 5 Bosnia and Herzegovina | 29,571,000 | 2023 | +5.41% | +4.97% | View data |
| 6 | 6 Belgium | 26,250,000 | 2023 | +6.42% | +0.59% | View data |
| 7 | 7 Italy | 26,023,000 | 2023 | +5.21% | +5.93% | View data |
| 8 | 8 Philippines | 24,415,000 | 2023 | -28.66% | -7.75% | View data |
| 9 | 9 India | 7,141,400 | 2023 | +3.27% | +1.54% | View data |
| 10 | 10 Japan | 4,214,600 | 2023 | -3.51% | -1.02% | View data |