Organo-Sulphur Compounds; Methionine Price in Greece - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Greece (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Greece (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Greece
- Organo-Sulphur Compounds; Methionine Exports in Greece
Organo-Sulphur Compounds; Methionine Price in Greece (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,074 per ton, jumping by 25% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2015 an increase of 36%. As a result, import price reached the peak level of $4,249 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($3,282 per ton), while the price for Germany ($1,942 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Price in Greece (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $2,937 per ton, reducing by -14.7% against the previous year. Overall, the export price showed a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 50% against the previous year. The export price peaked at $5,209 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Albania ($2,985 per ton) and Guatemala ($2,885 per ton), while the average price for exports to Cyprus ($2,816 per ton) and the Netherlands ($2,885 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+8.6%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Greece
In 2022, purchases abroad of organo-sulphur compounds; methionines decreased by -7.2% to 3.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 19%.
In value terms, organo-sulphur compounds; methionine imports soared to $11M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Organo-Sulphur Compounds; Methionine in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.8 | 0.9 | 4.4 | 7.1 | 107.0% |
| France | 2.3 | 2.3 | 2.3 | 1.4 | -15.3% |
| Malaysia | 0.3 | 1.4 | 0.9 | 0.9 | 44.2% |
| China | N/A | 0.1 | N/A | 0.8 | 182.8% |
| Bulgaria | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Germany | 3.1 | 3.3 | 1.6 | 0.4 | -49.5% |
| Others | N/A | 0.2 | 0.3 | 0.1 | -29.3% |
| Total | 6.6 | 8.3 | 9.6 | 11.2 | 19.3% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Greece in 2022:
- Belgium (2246.5 tons)
- France (432.4 tons)
- Malaysia (290.2 tons)
- China (260.0 tons)
- Germany (201.8 tons)
- Bulgaria (171.5 tons)
Organo-Sulphur Compounds; Methionine Exports in Greece
In 2022, exports of organo-sulphur compounds; methionines from Greece declined dramatically to 109 tons, dropping by -37.2% against the previous year's figure. In general, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.8%.
In value terms, organo-sulphur compounds; methionine exports reduced remarkably to $320K in 2022. Over the period under review, exports faced a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports attained the peak of $598K, and then contracted remarkably in the following year.
| Export of Organo-Sulphur Compounds; Methionine in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 5.9 | 41.1 | 93.6 | 160 | 200.4% |
| Guatemala | N/A | N/A | N/A | 70.9 | 0% |
| Netherlands | N/A | N/A | N/A | 70.9 | 0% |
| Cyprus | N/A | N/A | 125 | 17.3 | -86.2% |
| Bulgaria | 467 | 316 | 82.2 | N/A | -58.0% |
| Poland | N/A | N/A | 295 | N/A | 0% |
| Israel | 113 | 4.9 | N/A | N/A | -95.7% |
| Others | N/A | N/A | 2.4 | 0.9 | -62.5% |
| Total | 586 | 363 | 598 | 320 | -18.3% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Greece in 2022:
- Albania (53.6 tons)
- Netherlands (24.6 tons)
- Guatemala (24.6 tons)
- Cyprus (6.1 tons)
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