Press release
Sulfuric Acid Prices Surge Amid Rising Sulfur Feedstock Costs and Supply Chain Disruptions
Sulfuric Acid Prices
The sulfuric acid market in China has seen a sharp year-over-year (YoY) price increase in 2024, driven by evolving supply-demand dynamics and rising pressure from the fertilizer and industrial sectors. While prices remained flat month-on-month in Q4 2024, the YoY change reveals significant upward momentum that reflects tightening supply and strategic stockpiling.
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In October 2023, sulfuric acid was priced at $40 USD/ton, the same as in October 2024, yet this represented a 30% YoY increase. The apparent price stability on the surface is misleading without considering that prices in late 2022 and early 2023 had dropped to historically low levels due to surplus supply and weak downstream demand. The rebound in late 2024 indicates a recovery phase in the market.
November 2024 prices held steady at $39 USD/ton, again unchanged from the previous year's figure but reflecting a 45% YoY increase. This trend points to a firmer market foundation, supported by steady demand from key end-use sectors like fertilizers, chemicals, and metal processing.
In December 2024, prices returned to $40 USD/ton, the same as December 2023, but registered a 50% YoY rise, underscoring a stronger price floor heading into 2025.
According to Expert Market Research, a price spike is expected in Q1 2025, driven by anticipated supply constraints and surging demand from the fertilizer industry, which typically peaks during early planting seasons. Additional upward pressure may stem from higher input costs and logistical bottlenecks.
For buyers and industry stakeholders, this signals a potentially volatile first quarter in 2025. Strategic procurement and inventory planning will be critical to mitigate the impact of sudden price escalations, especially in regions dependent on sulfuric acid imports.
Read More About Sulfuric Acid Price Trend: https://www.expertmarketresearch.com/price-forecast/sulphuric-acid-price-forecast
Global Sulfuric Acid (Industrial Grade) Market: Leading Exporters, Importers, and Key Suppliers
The global sulfuric acid market plays a crucial role in supporting industries such as fertilizers, chemicals, mining, and metal processing. Trade activity in this segment is driven by a network of leading exporting and importing countries, along with a roster of major suppliers that ensure stable and high-volume production across regions.
Leading Exporting Countries
Several nations are prominent exporters of sulfuric acid, leveraging both domestic industrial production and access to raw materials. China tops the list, supported by its massive chemical manufacturing infrastructure. Canada and Germany are also major exporters, benefiting from large-scale chemical production and proximity to global trade routes. Countries like Peru, Zambia, Japan, Bulgaria, and Spain contribute to the global export flow, especially to regions with limited domestic acid production or growing agricultural and industrial needs.
Leading Importing Countries
On the demand side, the United States is a key importer, reflecting its extensive use of sulfuric acid in refining, chemicals, and fertilizers. Other major importers include India, Philippines, Chile, Morocco, Brazil, United Kingdom, and Netherlands. These countries rely on imported sulfuric acid to support growing demand in sectors such as phosphate fertilizers, non-ferrous metal processing, and industrial manufacturing.
Major Sulfuric Acid Suppliers
The market is supported by a range of global suppliers known for their scale, technical expertise, and reliability. Trident India and PVS Chemicals, Inc. (USA) are major players in Asia and North America. BASF SE (Germany), Akzo Nobel N.V. (Netherlands), and INEOS Enterprises (USA) serve a broad range of international clients. Additionally, Boliden Group (Sweden), Aurubis AG (Germany), and UBE Industries Ltd. (Japan) play significant roles in regional and global distribution.
These suppliers, exporters, and importers form the backbone of the sulfuric acid trade, shaping pricing, availability, and innovation across industrial markets worldwide.
Speak to an Analyst: https://www.expertmarketresearch.com/request?type=report&flag=C&id=8875
Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices
How Claight Corporation (Expert Market Research) Database Can Help
The latest report by Expert Market Research, "Sulfuric Acid Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for sulfuric acid. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.
Drawing from in-depth research, the report analyses the primary factors influencing sulfuric acid prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.
Contact us:
Claight Corporation (Expert Market Research)
30 North Gould Street, Sheridan, WY 82801, USA
Email: sales@expertmarketresearch.com
Tel No: (D) +91-723-689-1189
United States:+1-415-325-5166
About Claight Corporation (Expert Market Research):
Expert Market Research is a leading provider of syndicated and custom market intelligence, supporting clients with strategic insights across a broad range of industries. The firm delivers end-to-end research services including demand-supply assessments, pricing and cost analysis (including regional spot prices), feasibility studies, regulatory mapping, and competitive benchmarking. Expert Market Research's geographic coverage spans Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. With a data-driven methodology and deep sectoral expertise, Expert Market Research enables clients to make informed decisions and capture growth opportunities in evolving global markets.
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