Organo-Sulphur Compounds; Methionine Price in Costa Rica - 2022

Contents:

  1. Organo-Sulphur Compounds; Methionine Price in Costa Rica (CIF) - 2022
  2. Organo-Sulphur Compounds; Methionine Price in Costa Rica (FOB) - 2022
  3. Organo-Sulphur Compounds; Methionine Imports in Costa Rica
  4. Organo-Sulphur Compounds; Methionine Exports in Costa Rica

Organo-Sulphur Compounds; Methionine Price in Costa Rica (CIF) - 2022

The average organo-sulphur compounds; methionine import price stood at $3,241 per ton in 2022, rising by 19% against the previous year. Overall, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34%. As a result, import price attained the peak level of $5,010 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,958 per ton) and Guatemala ($1,922 per ton), while the price for the United States ($1,567 per ton) and Belgium ($1,754 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.5%), while the prices for the other major suppliers experienced a decline.

Organo-Sulphur Compounds; Methionine Price in Costa Rica (FOB) - 2022

In 2022, the average organo-sulphur compounds; methionine export price amounted to $12,895 per ton, growing by 23% against the previous year. Over the period under review, the export price recorded strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($15,946 per ton), while the average price for exports to Nicaragua ($6,755 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Sulphur Compounds; Methionine Imports in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in overseas purchases of organo-sulphur compounds; methionines, which increased by 20% to 819 tons in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 89% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, organo-sulphur compounds; methionine imports surged to $2.7M in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 152% 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 Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States95.717724342564.4%
China0.510.959.6254697.9%
Guatemala3.520.7129174267.7%
Malaysia5.433.9106173217.6%
France34.645.912217270.7%
Japan48.331.016378.217.4%
Belgium26.111.981.860.732.5%
Russia3.211.721.330.2111.3%
Others2323999431,28877.1%
Total4507411,8682,65580.7%

Top Suppliers of Organo-Sulphur Compounds; Methionine to Costa Rica in 2022:

  1. United States (271.5 tons)
  2. China (129.6 tons)
  3. Malaysia (97.6 tons)
  4. France (91.9 tons)
  5. Guatemala (90.7 tons)
  6. Japan (43.8 tons)
  7. Belgium (34.6 tons)
  8. Russia (17.6 tons)

Organo-Sulphur Compounds; Methionine Exports in Costa Rica

In 2022, approx. 389 kg of organo-sulphur compounds; methionines were exported from Costa Rica; which is down by -20.1% against the previous year's figure. Over the period under review, exports continue to indicate a significant decline. The smallest decline of -19.9% was in 2021.

In value terms, organo-sulphur compounds; methionine exports dropped to $5K in 2022. In general, exports showed a mild shrinkage. The smallest decline of -1.4% was in 2021.

Export of Organo-Sulphur Compounds; Methionine in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama3.73.94.04.13.5%
Nicaragua1.11.00.80.7-14.0%
Guatemala0.40.30.30.2-20.6%
OthersN/AN/AN/AN/A0%
Total5.25.25.15.0-1.3%

Top Export Markets for Organo-Sulphur Compounds; Methionine from Costa Rica in 2022:

  1. Panama (258.0 kg)
  2. Nicaragua (102.0 kg)
  3. Guatemala (29.0 kg)

Source: IndexBox Market Intelligence Platform

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