Organo-Sulphur Compounds; Methionine Price in Ghana - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Ghana (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Ghana
Organo-Sulphur Compounds; Methionine Price in Ghana (CIF) - 2022
The average organo-sulphur compounds; methionine import price stood at $3,060 per ton in 2022, with an increase of 30% against the previous year. Overall, the import price, however, continues to indicate a noticeable shrinkage. The import price peaked at $4,137 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,650 per ton), while the price for Germany ($2,113 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+47.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Imports in Ghana
In 2022, purchases abroad of organo-sulphur compounds; methionines decreased by -11.5% to 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, posted buoyant growth.
In value terms, organo-sulphur compounds; methionine imports rose rapidly to $3.5M in 2022. Over the period under review, imports, however, enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.6 | N/A | 270 | 561 | 205.9% |
| Japan | 24.4 | N/A | 446 | 367 | 146.8% |
| Belgium | 212 | N/A | 241 | 351 | 18.3% |
| Malaysia | 79.6 | N/A | 54.7 | 124 | 15.9% |
| United Arab Emirates | N/A | N/A | 41.4 | 114 | 175.4% |
| France | 212 | N/A | 327 | 69.6 | -31.0% |
| Germany | 118 | N/A | 59.6 | 60.6 | -19.9% |
| Netherlands | 20.9 | N/A | 97.1 | 53.3 | 36.6% |
| Others | 721 | N/A | 1,479 | 1,759 | 34.6% |
| Total | 1,407 | N/A | 3,016 | 3,458 | 35.0% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Ghana in 2022:
- China (194.6 tons)
- Japan (133.5 tons)
- Belgium (97.2 tons)
- United Arab Emirates (39.0 tons)
- Malaysia (36.2 tons)
- Germany (28.7 tons)
- Netherlands (22.9 tons)
- France (19.1 tons)
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