Organo-Sulphur Compounds; Methionine Price in Guatemala - 2024
Contents:
- Organo-Sulphur Compounds; Methionine Price in Guatemala (CIF) - 2024
- Organo-Sulphur Compounds; Methionine Price in Guatemala (FOB) - 2024
- Organo-Sulphur Compounds; Methionine Imports in Guatemala
- Organo-Sulphur Compounds; Methionine Exports in Guatemala
Organo-Sulphur Compounds; Methionine Price in Guatemala (CIF) - 2024
The average organo-sulphur compounds; methionine import price stood at $1,959 per ton in June 2023, falling by -4.5% against the previous month. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 0.2% m-o-m. As a result, import price reached the peak level of $2,051 per ton, and then fell modestly in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Mexico ($2,205 per ton) and China ($2,149 per ton), while the price for Belgium ($1,844 per ton) and Japan ($2,087 per ton) were amongst the lowest.
From April 2023 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Price in Guatemala (FOB) - 2024
In June 2023, the average organo-sulphur compounds; methionine export price amounted to $2,332 per ton, increasing by 8.3% against the previous month. In general, the export price, however, continues to indicate a deep contraction. Over the period under review, the average export prices reached the maximum at $2,860 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was Honduras ($2,509 per ton), while the average price for exports to El Salvador ($2,250 per ton) was amongst the lowest.
From April 2023 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (0.0%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Guatemala
In 2022, imports of organo-sulphur compounds; methionines into Guatemala amounted to 12K tons, picking up by 5.2% against the previous year. The total import volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24% 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.
In value terms, organo-sulphur compounds; methionine imports soared to $32M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Organo-Sulphur Compounds; Methionine in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.0 | 6.3 | 7.0 | 10.8 | 39.2% |
| China | 0.4 | 0.2 | 1.3 | 3.0 | 95.7% |
| Japan | 0.4 | 0.9 | 2.7 | 1.3 | 48.1% |
| Malaysia | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| France | 0.8 | 0.6 | 0.5 | 0.3 | -27.9% |
| Spain | 0.8 | 0.1 | N/A | N/A | -87.5% |
| United States | 1.4 | 1.2 | 0.6 | N/A | -34.5% |
| Others | 8.8 | 10.5 | 13.4 | 16.6 | 23.6% |
| Total | 16.8 | 19.9 | 26.0 | 32.5 | 24.6% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Guatemala in 2022:
- Belgium (4.4K tons)
- China (1.0K tons)
- Japan (0.4K tons)
- France (0.1K tons)
- Malaysia (0.1K tons)
Organo-Sulphur Compounds; Methionine Exports in Guatemala
In 2022, organo-sulphur compounds; methionine exports from Guatemala contracted to 2.1K tons, falling by -10.2% compared with 2021. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 228% against the previous year. As a result, the exports attained the peak of 2.3K tons, and then contracted in the following year.
In value terms, organo-sulphur compounds; methionine exports stood at $6.6M in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 302%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Organo-Sulphur Compounds; Methionine in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 337 | 263 | 491 | 1,232 | 54.0% |
| Costa Rica | 58.6 | 187 | 734 | 703 | 128.9% |
| El Salvador | 409 | 127 | 807 | 691 | 19.1% |
| Ecuador | N/A | N/A | 228 | 553 | 142.5% |
| Nicaragua | 174 | 161 | 391 | 114 | -13.1% |
| Chile | N/A | N/A | 504 | N/A | 0% |
| Panama | 40.8 | 82.0 | 13.4 | N/A | -42.7% |
| Others | 1,211 | 819 | 3,426 | 3,334 | 40.2% |
| Total | 2,232 | 1,639 | 6,594 | 6,627 | 43.7% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Guatemala in 2022:
- Honduras (397.4 tons)
- El Salvador (245.1 tons)
- Costa Rica (207.3 tons)
- Ecuador (161.0 tons)
- Nicaragua (33.8 tons)
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