Organo-Sulphur Compounds; Methionine Price in Belarus - 2022
Contents:
- Organo-Sulphur Compounds; Methionine Price in Belarus (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Belarus (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Belarus
- Organo-Sulphur Compounds; Methionine Exports in Belarus
Organo-Sulphur Compounds; Methionine Price in Belarus (CIF) - 2022
The average organo-sulphur compounds; methionine import price stood at $3,056 per ton in April 2021, growing by 22% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +7.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In April 2021, the countries with the highest prices were Belgium ($3,790 per ton) and Russia ($3,087 per ton), while the price for Japan ($2,570 per ton) and China ($3,035 per ton) were amongst the lowest.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by Russia (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Price in Belarus (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $2,866 per ton in April 2021, jumping by 22% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +8.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From January 2021 to April 2021, the rate of growth in terms of prices for Belgium amounted to +11.4% per month.
Organo-Sulphur Compounds; Methionine Imports in Belarus
Organo-sulphur compounds; methionine imports into Belarus fell remarkably to 3K tons in 2022, declining by -42.9% compared with the previous year. Over the period under review, imports faced a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 76% against the previous year. As a result, imports reached the peak of 5.3K tons, and then plummeted in the following year.
In value terms, organo-sulphur compounds; methionine imports plummeted to $8.4M in 2022. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 26%.
| Import of Organo-Sulphur Compounds; Methionine in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.6 | 4.7 | 12.0 | 6.8 | 23.6% |
| Germany | 0.3 | 0.2 | 0.3 | 0.8 | 38.7% |
| Poland | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Italy | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| China | 0.4 | 0.1 | 0.3 | 0.1 | -37.0% |
| Others | 4.8 | 6.5 | 1.2 | 0.2 | -65.3% |
| Total | 9.3 | 11.7 | 14.1 | 8.4 | -3.3% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Belarus in 2022:
- Russia (2465.0 tons)
- Germany (293.9 tons)
- Poland (94.1 tons)
- China (51.4 tons)
- Italy (48.4 tons)
Organo-Sulphur Compounds; Methionine Exports in Belarus
After three years of growth, overseas shipments of organo-sulphur compounds; methionines decreased by -49.8% to 515 tons in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 180%.
In value terms, organo-sulphur compounds; methionine exports fell rapidly to $1.5M in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 205%.
| Export of Organo-Sulphur Compounds; Methionine in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 223 | 578 | 1,873 | 979 | 63.7% |
| Russia | 30.8 | 195 | 1,064 | 509 | 154.7% |
| Others | 254 | 773 | 27.3 | 0.3 | -89.4% |
| Total | 507 | 1,547 | 2,964 | 1,489 | 43.2% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Belarus in 2022:
- Belgium (396.4 tons)
- Russia (118.5 tons)
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