Organo-Sulphur Compounds; Methionine Price in Ethiopia - 2022
Contents:
- Organo-Sulphur Compounds; Methionine Price in Ethiopia (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Ethiopia
Organo-Sulphur Compounds; Methionine Price in Ethiopia (CIF) - 2022
The average organo-sulphur compounds; methionine import price stood at $3,316 per ton in 2022, falling by -13.1% against the previous year. Overall, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs at $5,029 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($29,706 per ton), while the price for Russia ($328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Imports in Ethiopia
In 2022, approx. 25 tons of organo-sulphur compounds; methionines were imported into Ethiopia; reducing by -72.2% against the previous year. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 686% against the previous year. As a result, imports reached the peak of 90 tons, and then declined markedly in the following year.
In value terms, organo-sulphur compounds; methionine imports reduced markedly to $83K in 2022. Overall, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 785%. As a result, imports reached the peak of $344K, and then reduced rapidly in the following year.
| Import of Organo-Sulphur Compounds; Methionine in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 17.9 | 18.3 | 17.5 | 25.5 | 12.5% |
| France | 3.8 | 3.1 | 30.7 | 11.9 | 46.3% |
| Japan | N/A | N/A | N/A | 6.7 | 0% |
| China | 1.7 | 9.1 | 122 | 5.7 | 49.7% |
| Kenya | 0.9 | 1.0 | 12.9 | 4.7 | 73.5% |
| Russia | 5.4 | 2.8 | 18.0 | 3.2 | -16.0% |
| Netherlands | 2.4 | 0.7 | 3.5 | 0.5 | -40.7% |
| Others | 60.0 | 3.8 | 139 | 24.9 | -25.4% |
| Total | 92.2 | 38.8 | 344 | 83.1 | -3.4% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Ethiopia in 2022:
- Russia (9.8 tons)
- Belgium (6.4 tons)
- Kenya (1.8 tons)
- Japan (1.6 tons)
- China (1.3 tons)
- France (0.4 tons)
- Netherlands (0.2 tons)
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