Organo-Sulphur Compounds; Methionine Price in Croatia - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Croatia (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Price in Croatia (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Croatia
- Organo-Sulphur Compounds; Methionine Exports in Croatia
Organo-Sulphur Compounds; Methionine Price in Croatia (CIF) - 2023
The average organo-sulphur compounds; methionine import price stood at $2,438 per ton in June 2023, picking up by 1.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average import price increased by 8.3% month-to-month. As a result, import price reached the peak level of $2,769 per ton. From September 2022 to June 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Singapore ($2,478 per ton) and France ($2,464 per ton), while the price for Belgium ($2,146 per ton) and Italy ($2,413 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (-0.4%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Croatia (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $2,456 per ton, shrinking by -21.6% against the previous year. Overall, the export price recorded a deep contraction. The growth pace was the most rapid in 2020 an increase of 44%. The export price peaked at $5,836 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($3,188 per ton), while the average price for exports to Pakistan ($865 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 Slovenia (-2.1%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Croatia
After three years of growth, overseas purchases of organo-sulphur compounds; methionines decreased by -26.7% to 3.9K tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% 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 +20.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of 5.4K tons, and then contracted notably in the following year.
In value terms, organo-sulphur compounds; methionine imports rose sharply to $11M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | 4.8 | 8.1 | 68.8% |
| Belgium | 3.0 | 3.7 | 3.6 | 1.3 | -24.3% |
| Malaysia | 0.1 | N/A | N/A | 0.5 | 71.0% |
| France | 0.4 | 0.6 | 0.6 | 0.4 | 0.0% |
| Spain | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Italy | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
| Germany | 0.6 | 0.5 | 0.2 | 0.1 | -45.0% |
| Others | 0.3 | 0.1 | 0.3 | 0.3 | 0.0% |
| Total | 4.7 | 5.2 | 9.9 | 10.9 | 32.4% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Croatia in 2022:
- Singapore (2929.5 tons)
- Belgium (452.7 tons)
- Malaysia (218.5 tons)
- France (118.5 tons)
- Spain (66.4 tons)
- Italy (26.1 tons)
- Germany (20.5 tons)
Organo-Sulphur Compounds; Methionine Exports in Croatia
In 2022, approx. 41 tons of organo-sulphur compounds; methionines were exported from Croatia; with a decrease of -31% on the previous year. Overall, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 883%.
In value terms, organo-sulphur compounds; methionine exports declined dramatically to $100K in 2022. Over the period under review, exports showed a mild decline. The growth pace was the most rapid in 2021 when exports increased by 1,121%. As a result, the exports reached the peak of $185K, and then contracted markedly in the following year.
| Export of Organo-Sulphur Compounds; Methionine in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 71.6 | N/A | N/A | 51.2 | -10.6% |
| China | 20.6 | N/A | N/A | 30.2 | 13.6% |
| Russia | 6.0 | N/A | N/A | 9.9 | 18.2% |
| Germany | 3.5 | N/A | N/A | 4.5 | 8.7% |
| Italy | 1.0 | N/A | 158 | 1.3 | 9.1% |
| Pakistan | 0.8 | N/A | N/A | 0.7 | -4.4% |
| Serbia | N/A | N/A | 23.3 | N/A | 0% |
| Others | 1.7 | 15.1 | 3.3 | 2.2 | 9.0% |
| Total | 105 | 15.1 | 185 | 100 | -1.6% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Croatia in 2022:
- Saudi Arabia (20.4 tons)
- China (12.3 tons)
- Russia (4.3 tons)
- Germany (1.6 tons)
- Pakistan (0.8 tons)
- Italy (0.4 tons)
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