Organo-Sulphur Compounds; Methionine Price in Germany - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Germany (CIF) - 2023
- Organo-Sulphur Compounds; Methionine Price in Germany (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Germany
- Organo-Sulphur Compounds; Methionine Exports in Germany
Organo-Sulphur Compounds; Methionine Price in Germany (CIF) - 2023
In June 2023, the average organo-sulphur compounds; methionine import price amounted to $2,324 per ton, increasing by 8.9% against the previous month. Over the period under review, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in September 2022 an increase of 19% against the previous month. As a result, import price attained the peak level of $3,026 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were France ($2,218 per ton) and the Netherlands ($2,186 per ton), while the price for Malaysia ($1,538 per ton) and China ($2,151 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 China (-0.9%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Germany (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $3,215 per ton in 2022, standing approx. at the previous year. Overall, the export price saw a perceptible decrease. The pace of growth was the most pronounced in 2019 a decrease of -18.8% against the previous year. The export price peaked at $4,230 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($3,345 per ton), while the average price for exports to Turkey ($1,516 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (-0.7%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Germany
In 2022, overseas purchases of organo-sulphur compounds; methionines decreased by -5.5% to 30K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.1% 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 +77.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year.
In value terms, organo-sulphur compounds; methionine imports rose significantly to $87M in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Organo-Sulphur Compounds; Methionine in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.6 | 14.4 | 31.6 | 41.8 | 95.4% |
| China | 13.5 | 19.0 | 28.9 | 24.3 | 21.6% |
| France | 5.1 | 8.5 | 7.7 | 7.2 | 12.2% |
| Malaysia | 7.2 | 10.1 | 6.7 | 6.8 | -1.9% |
| Japan | 1.2 | 0.9 | 2.3 | 4.1 | 50.6% |
| Netherlands | 1.3 | 1.5 | 2.3 | 2.1 | 17.3% |
| Others | 3.2 | 1.5 | 1.3 | 0.9 | -34.5% |
| Total | 37.1 | 55.9 | 80.6 | 87.3 | 33.0% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Germany in 2022:
- Belgium (13.8K tons)
- China (9.7K tons)
- Malaysia (2.3K tons)
- France (2.0K tons)
- Japan (0.9K tons)
- Netherlands (0.6K tons)
Organo-Sulphur Compounds; Methionine Exports in Germany
After two years of decline, overseas shipments of organo-sulphur compounds; methionines decreased by 0% to 15K tons in 2022. In general, exports continue to indicate a significant curtailment. The smallest decline of 99.9% was in 2020.
In value terms, organo-sulphur compounds; methionine exports amounted to $49M in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The smallest decline of 99.9% was in 2020.
| Export of Organo-Sulphur Compounds; Methionine in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 13.4 | N/A | N/A | 5.2 | -27.1% |
| Belarus | N/A | N/A | N/A | 5.1 | 0% |
| Belgium | 3.4 | N/A | N/A | 4.8 | 12.2% |
| Ukraine | 9.9 | N/A | N/A | 3.8 | -27.3% |
| Italy | 8.3 | N/A | N/A | 3.5 | -25.0% |
| Netherlands | 5.9 | N/A | N/A | 3.3 | -17.6% |
| France | 5.4 | N/A | N/A | 3.2 | -16.0% |
| Portugal | 1.3 | N/A | N/A | 3.0 | 32.1% |
| Hungary | 4.8 | N/A | N/A | 2.8 | -16.4% |
| Denmark | 9.4 | N/A | N/A | 2.4 | -36.6% |
| Austria | 2.4 | N/A | N/A | 2.4 | 0.0% |
| China | 7.3 | N/A | N/A | 0.8 | -52.1% |
| Turkey | 7.5 | N/A | N/A | N/A | 0% |
| Others | 30.2 | N/A | N/A | 8.5 | -34.5% |
| Total | 109 | N/A | N/A | 48.8 | -23.5% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Germany in 2022:
- Turkey (undefinedK tons)
- Belarus (1.8K tons)
- Poland (1.7K tons)
- Belgium (1.5K tons)
- Ukraine (1.2K tons)
- Italy (1.1K tons)
- Netherlands (1.0K tons)
- France (1.0K tons)
- Portugal (0.9K tons)
- Hungary (0.9K tons)
- Denmark (0.8K tons)
- Austria (0.8K tons)
- China (0.4K tons)
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