Organo-Sulphur Compounds; Methionine Price in Ecuador - 2022

Contents:

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

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

In 2022, the average organo-sulphur compounds; methionine import price amounted to $2,207 per ton, with a decrease of -7.7% against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 39%. As a result, import price attained the peak level of $4,720 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($2,834 per ton) and France ($2,347 per ton), while the price for the Netherlands ($1,980 per ton) and Spain ($2,079 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.8%), while the prices for the other major suppliers experienced a decline.

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

The average organo-sulphur compounds; methionine export price stood at $2,594 per ton in 2022, waning by -23.9% against the previous year. Over the period under review, the export price showed a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. The export price peaked at $6,160 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,285 per ton), while the average price for exports to Ethiopia ($1,710 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 Germany (-6.4%), while the prices for the other major destinations experienced a decline.

Organo-Sulphur Compounds; Methionine Imports in Ecuador

Organo-sulphur compounds; methionine imports into Ecuador fell to 8.8K tons in 2022, which is down by -11% against the previous year. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 9.9K tons, and then reduced in the following year.

In value terms, organo-sulphur compounds; methionine imports fell significantly to $19M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 56%. As a result, imports reached the peak of $24M, and then contracted rapidly in the following year.

Import of Organo-Sulphur Compounds; Methionine in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.46.69.88.315.4%
Japan3.12.76.35.319.6%
Spain1.71.22.21.93.8%
France1.61.51.41.3-6.7%
United States3.41.80.61.1-31.4%
China0.40.30.90.720.5%
Netherlands0.40.40.40.3-9.1%
Others0.80.72.20.5-14.5%
Total16.815.223.819.55.1%

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

  1. Belgium (3.7K tons)
  2. Japan (2.5K tons)
  3. Spain (0.9K tons)
  4. France (0.5K tons)
  5. United States (0.5K tons)
  6. China (0.3K tons)
  7. Netherlands (0.2K tons)

Organo-Sulphur Compounds; Methionine Exports in Ecuador

In 2022, organo-sulphur compounds; methionine exports from Ecuador dropped slightly to 55 tons, approximately mirroring the previous year. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 191%. As a result, the exports attained the peak of 55 tons, leveling off in the following year.

In value terms, organo-sulphur compounds; methionine exports dropped rapidly to $142K in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 93% against the previous year. As a result, the exports attained the peak of $188K, and then reduced markedly in the following year.

Export of Organo-Sulphur Compounds; Methionine in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia42.938.649.455.59.0%
Germany45.433.139.546.70.9%
Ethiopia27.325.733.240.313.9%
PeruN/AN/A26.3N/A0%
OthersN/AN/A39.3N/A0%
Total11697.31881427.0%

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

  1. Ethiopia (23.5 tons)
  2. Colombia (20.5 tons)
  3. Germany (10.9 tons)

Source: IndexBox Market Intelligence Platform

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