Organo-Sulphur Compounds; Methionine Price in Bolivia - 2024
Contents:
- Organo-Sulphur Compounds; Methionine Price in Bolivia (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Bolivia
Organo-Sulphur Compounds; Methionine Price in Bolivia (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $16,505 per ton, rising by 524% against the previous year. In general, the import price recorded a prominent increase. 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 2022, amid the top importers, the countries with the highest prices were China ($9,009 per ton) and Belgium ($8,525 per ton), while the price for Japan ($7,004 per ton) and the United States ($7,319 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Imports in Bolivia
In 2022, approx. 1.8K tons of organo-sulphur compounds; methionines were imported into Bolivia; declining by -79.5% on 2021. Overall, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 33%.
In value terms, organo-sulphur compounds; methionine imports soared to $30M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Organo-Sulphur Compounds; Methionine in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 7.8 | 5.0 | 8.4 | 7.4 | -1.7% |
| China | 0.5 | 0.1 | 0.6 | 3.5 | 91.3% |
| France | 1.0 | 1.3 | 1.2 | 2.3 | 32.0% |
| Japan | 0.7 | 0.5 | 0.8 | 1.3 | 22.9% |
| Malaysia | 0.9 | 0.5 | 0.3 | 0.4 | -23.7% |
| Others | 11.5 | 7.8 | 12.0 | 15.0 | 9.3% |
| Total | 22.5 | 15.4 | 23.3 | 29.8 | 9.8% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Bolivia in 2022:
- Belgium (862.8 tons)
- China (385.2 tons)
- France (306.0 tons)
- Japan (186.6 tons)
- Malaysia (48.2 tons)
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