Organo-Sulphur Compounds; Methionine Price in Jordan - 2022
Contents:
- Organo-Sulphur Compounds; Methionine Price in Jordan (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Jordan (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Jordan
- Organo-Sulphur Compounds; Methionine Exports in Jordan
Organo-Sulphur Compounds; Methionine Price in Jordan (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $2,876 per ton, with an increase of 14% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2015 when the average import price increased by 42%. As a result, import price attained the peak level of $4,990 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,881 per ton), while the price for Germany ($1,644 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.3%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Jordan (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $2,913 per ton in June 2022, approximately mirroring the previous month. Overall, the export price recorded a relatively flat trend pattern. The export price peaked in June 2022.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From April 2022 to June 2022, the rate of growth in terms of prices for Saudi Arabia amounted to 0.0% per month.
Organo-Sulphur Compounds; Methionine Imports in Jordan
In 2022, organo-sulphur compounds; methionine imports into Jordan skyrocketed to 10K tons, surging by 38% against 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.6% 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 +84.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, organo-sulphur compounds; methionine imports soared to $29M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Organo-Sulphur Compounds; Methionine in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.2 | 4.3 | 2.8 | 4.8 | 29.7% |
| Japan | 2.0 | 4.2 | 2.9 | 4.8 | 33.9% |
| France | 0.9 | 0.4 | 1.3 | 1.5 | 18.6% |
| Singapore | N/A | N/A | N/A | 1.3 | 0% |
| China | 0.4 | 0.5 | 1.1 | 1.2 | 44.2% |
| Malaysia | 0.6 | 0.4 | 1.2 | 0.9 | 14.5% |
| Others | 5.7 | 9.8 | 9.3 | 14.7 | 37.1% |
| Total | 11.8 | 19.5 | 18.6 | 29.3 | 35.4% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Jordan in 2022:
- Belgium (1.7K tons)
- Japan (1.7K tons)
- Singapore (0.5K tons)
- France (0.5K tons)
- China (0.4K tons)
- Malaysia (0.3K tons)
Organo-Sulphur Compounds; Methionine Exports in Jordan
For the fourth consecutive year, Jordan recorded growth in shipments abroad of organo-sulphur compounds; methionines, which increased by 471% to 189 tons in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, organo-sulphur compounds; methionine exports surged to $549K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Organo-Sulphur Compounds; Methionine in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 49.2 | 94.9 | 167 | 279 | 78.3% |
| Saudi Arabia | N/A | N/A | N/A | 127 | 0% |
| Nigeria | 3.5 | 6.3 | 10.6 | 16.9 | 69.0% |
| Others | 5.0 | N/A | N/A | 127 | 194.0% |
| Total | 57.6 | 101 | 178 | 549 | 112.0% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Jordan in 2022:
- Free Zones (97.8 tons)
- Saudi Arabia (44.1 tons)
- Nigeria (2.5 tons)
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