Organo-Sulphur Compounds; Methionine Price in France - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in France (FOB) - 2023
- Organo-Sulphur Compounds; Methionine Price in France (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Exports in France
- Organo-Sulphur Compounds; Methionine Imports in France
Organo-Sulphur Compounds; Methionine Price in France (FOB) - 2023
In June 2023, the average organo-sulphur compounds; methionine export price amounted to $2,199 per ton, dropping by -2.4% against the previous month. Over the period under review, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 7.5% month-to-month. The export price peaked at $3,148 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Germany ($2,548 per ton), while the average price for exports to Brazil ($1,585 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-1.6%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Price in France (CIF) - 2023
The average organo-sulphur compounds; methionine import price stood at $2,380 per ton in June 2023, dropping by -11.8% against the previous month. Overall, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in April 2023 an increase of 7% against the previous month. The import price peaked at $3,218 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($7,403 per ton), while the price for Belgium ($2,087 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Exports in France
Organo-sulphur compounds; methionine exports from France contracted to 68K tons in 2022, waning by -12.7% compared with 2021 figures. In general, exports saw a abrupt shrinkage.
In value terms, organo-sulphur compounds; methionine exports expanded rapidly to $208M in 2022. The total export value increased at an average annual rate of +8.5% from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Organo-Sulphur Compounds; Methionine in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Spain | 17.5 | 17.4 | -0.6% | ||
Brazil | 8.8 | 16.6 | 88.6% | ||
China | 13.0 | 15.2 | 16.9% | ||
Turkey | 13.5 | 15.0 | 11.1% | ||
Germany | 10.7 | 10.7 | 0.0% | ||
Netherlands | 9.0 | 8.9 | -1.1% | ||
Poland | 6.9 | 7.6 | 10.1% | ||
Italy | 7.5 | 7.5 | 0.0% | ||
Russia | 7.5 | 7.5 | 0.0% | ||
United States | 8.7 | 7.0 | -19.5% | ||
United Kingdom | 5.7 | 6.4 | 12.3% | ||
Belgium | 4.8 | 4.8 | 0.0% | ||
Hungary | 4.6 | 4.6 | 0.0% | ||
Others | 73.5 | 78.9 | 7.3% | ||
Total | 192 | 208 | 8.3% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from France in 2022:
- China (6.7K tons)
- Spain (5.4K tons)
- Turkey (5.1K tons)
- Brazil (4.4K tons)
- Germany (3.3K tons)
- Netherlands (3.0K tons)
- Poland (2.7K tons)
- Russia (2.6K tons)
- United States (2.5K tons)
- Italy (2.3K tons)
- United Kingdom (2.3K tons)
- Belgium (1.6K tons)
- Hungary (1.4K tons)
Organo-Sulphur Compounds; Methionine Imports in France
After three years of growth, supplies from abroad of organo-sulphur compounds; methionines decreased by -30.9% to 8K tons in 2022. In general, imports recorded a mild contraction. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year.
In value terms, organo-sulphur compounds; methionine imports dropped to $25M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 24%.
Import of Organo-Sulphur Compounds; Methionine in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 5.6 | 11.5 | 14.7 | 12.5 | 30.7% |
Germany | 6.3 | 6.4 | 7.7 | 6.6 | 1.6% |
Netherlands | 0.8 | 1.8 | 2.6 | 2.2 | 40.1% |
Denmark | 0.6 | 0.7 | 0.7 | 0.6 | 0.0% |
United States | 1.9 | 1.3 | 1.0 | 0.5 | -35.9% |
Japan | 1.7 | 1.1 | 0.9 | 0.5 | -33.5% |
Spain | 0.1 | 0.3 | 0.6 | 0.5 | 71.0% |
Others | 3.7 | 2.7 | 1.1 | 2.1 | -17.2% |
Total | 20.7 | 25.8 | 29.4 | 25.5 | 7.2% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to France in 2022:
- Belgium (4.3K tons)
- Germany (2.0K tons)
- Netherlands (0.6K tons)
- Denmark (0.2K tons)
- United States (0.2K tons)
- Japan (0.2K tons)
- Spain (0.2K tons)
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