World - Chlorosulphuric Acid - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the forecasted growth of the chlorosulphuric acid market from 2022 to 2030, including consumption trends, production statistics, import/export data, and country-specific insights. It covers key metrics such as volume, value, per capita consumption, and price trends. Oman emerges as a major player in both consumption and production of chlorosulphuric acid, while other countries like Germany, Switzerland, and the United States also play significant roles in the market.
Market Forecast
Driven by increasing demand for chlorosulphuric acid worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market volume to 219K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.7% for the period from 2022 to 2030, which is projected to bring the market value to $294M (in nominal prices) by the end of 2030.
Consumption
World Consumption of Chlorosulphuric Acid
In 2022, consumption of chlorosulphuric acid was finally on the rise to reach 166K tons for the first time since 2019, thus ending a two-year declining trend. Overall, the total consumption indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +12.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global consumption hit record highs in 2022 and is expected to retain growth in the immediate term.
The global chlorosulphuric acid market revenue fell slightly to $189M in 2022, reducing by -2.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed prominent growth. Over the period under review, the global market hit record highs at $194M in 2021, and then reduced slightly in the following year.
Consumption By Country
The country with the largest volume of chlorosulphuric acid consumption was Oman (112K tons), accounting for 68% of total volume. Moreover, chlorosulphuric acid consumption in Oman exceeded the figures recorded by the second-largest consumer, Germany (9.3K tons), more than tenfold. The third position in this ranking was held by Switzerland (8.4K tons), with a 5% share.
From 2012 to 2022, the average annual growth rate of volume in Oman totaled +38.8%. In the other countries, the average annual rates were as follows: Germany (+16.1% per year) and Switzerland (-2.2% per year).
In value terms, Oman ($155M) led the market, alone. The second position in the ranking was held by Egypt ($4.8M). It was followed by Switzerland.
From 2012 to 2022, the average annual rate of growth in terms of value in Oman totaled +38.3%. The remaining consuming countries recorded the following average annual rates of market growth: Egypt (+2.1% per year) and Switzerland (-2.2% per year).
In 2022, the highest levels of chlorosulphuric acid per capita consumption was registered in Oman (21 kg per person), followed by Switzerland (1 kg per person), Hungary (0.4 kg per person) and Romania (0.1 kg per person), while the world average per capita consumption of chlorosulphuric acid was estimated at less than 0.1 kg per person.
In Oman, chlorosulphuric acid per capita consumption increased at an average annual rate of +33.1% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Switzerland (-3.1% per year) and Hungary (+0.3% per year).
Production
World Production of Chlorosulphuric Acid
In 2022, after ten years of growth, there was decline in production of chlorosulphuric acid, when its volume decreased by -1.3% to 170K tons. The total output volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 6.1% against the previous year. Global production peaked at 173K tons in 2021, and then fell modestly in the following year.
In value terms, chlorosulphuric acid production contracted modestly to $208M in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 6.2%. Global production peaked at $212M in 2021, and then dropped modestly in the following year.
Production By Country
The country with the largest volume of chlorosulphuric acid production was Oman (136K tons), accounting for 80% of total volume. Moreover, chlorosulphuric acid production in Oman exceeded the figures recorded by the second-largest producer, Switzerland (11K tons), more than tenfold. Hungary (6.6K tons) ranked third in terms of total production with a 3.9% share.
In Oman, chlorosulphuric acid production increased at an average annual rate of +4.3% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Switzerland (+0.9% per year) and Hungary (-0.2% per year).
Imports
World Imports of Chlorosulphuric Acid
In 2022, overseas purchases of chlorosulphuric acid increased by 1.6% to 34K tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 20% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, chlorosulphuric acid imports dropped significantly to $15M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of $18M, and then reduced markedly in the following year.
Imports By Country
In 2022, Germany (11K tons) was the main importer of chlorosulphuric acid, mixing up 34% of total imports. France (6.2K tons) ranks second in terms of the total imports with an 18% share, followed by Japan (11%), Free Zones (9.3%), Romania (8.2%) and Belgium (5%). The United States (1.2K tons) took a little share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Free Zones (with a CAGR of +26.6%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, France ($2.8M), Germany ($2.7M) and Romania ($1.7M) appeared to be the countries with the highest levels of imports in 2022, together comprising 50% of global imports. Japan, the United States, Belgium and Free Zones lagged somewhat behind, together comprising a further 27%.
In terms of the main importing countries, the United States, with a CAGR of +47.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average chlorosulphuric acid import price stood at $431 per ton in 2022, which is down by -18.5% against the previous year. Over the period under review, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $573 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($908 per ton), while Free Zones ($70 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.2%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Chlorosulphuric Acid
In 2022, shipments abroad of chlorosulphuric acid decreased by -15.2% to 38K tons for the first time since 2015, thus ending a six-year rising trend. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 38%. The global exports peaked at 97K tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, chlorosulphuric acid exports reduced dramatically to $14M in 2022. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 79%. Over the period under review, the global exports attained the peak figure at $33M in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports By Country
In 2022, Oman (23K tons) was the key exporter of chlorosulphuric acid, making up 60% of total exports. China (4.1K tons) held the second position in the ranking, followed by Hungary (3.2K tons), Switzerland (3.1K tons) and Germany (2.1K tons). All these countries together held near 33% share of total exports. The United States (1,018 tons) and South Africa (666 tons) held a minor share of total exports.
Exports from Oman decreased at an average annual rate of -12.1% from 2012 to 2022. At the same time, South Africa (+12.3%) and China (+10.4%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.3% from 2012-2022. Germany and Hungary experienced a relatively flat trend pattern. By contrast, the United States (-1.7%) and Switzerland (-16.3%) illustrated a downward trend over the same period. While the share of China (+9.1 p.p.), Switzerland (+8.1 p.p.), Hungary (+4.9 p.p.), Germany (+3.2 p.p.) and South Africa (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Oman (-27.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Switzerland ($4.2M), Oman ($2.6M) and China ($1.8M) appeared to be the countries with the highest levels of exports in 2022, with a combined 63% share of global exports.
Switzerland, with a CAGR of +26.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average chlorosulphuric acid export price amounted to $352 per ton, waning by -16.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 29%. As a result, the export price attained the peak level of $422 per ton, and then contracted rapidly in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,348 per ton), while Oman ($111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+50.6%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global chlorosulphuric acid market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132415 - Chlorosulphuric acid
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global chlorosulphuric acid market.
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