Organo-Sulphur Compounds; Methionine Price in Latvia - 2024
Contents:
- Organo-Sulphur Compounds; Methionine Price in Latvia (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Latvia (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Latvia
- Organo-Sulphur Compounds; Methionine Exports in Latvia
Organo-Sulphur Compounds; Methionine Price in Latvia (CIF) - 2022
The average organo-sulphur compounds; methionine import price stood at $3,136 per ton in 2022, surging by 15% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 44%. As a result, import price reached the peak level of $5,238 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,581 per ton), while the price for Belgium ($3,050 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Latvia (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $4,248 per ton, growing by 74% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,947 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($5,546 per ton), while the average price for exports to Estonia stood at $3,016 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-0.6%).
Organo-Sulphur Compounds; Methionine Imports in Latvia
In 2022, overseas purchases of organo-sulphur compounds; methionines increased by 4.5% to 278 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a dramatic downturn.
In value terms, organo-sulphur compounds; methionine imports surged to $872K in 2022. In general, imports, however, continue to indicate a deep slump.
| Import of Organo-Sulphur Compounds; Methionine in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 279 | 272 | 438 | 25.3% |
| Lithuania | 7.2 | 203 | 69.6 | 182 | 193.5% |
| Denmark | 148 | 270 | 195 | 139 | -2.1% |
| Estonia | 52.5 | 27.3 | N/A | 103 | 25.2% |
| Germany | 494 | 101 | 2.0 | 0.2 | -92.6% |
| France | 69.7 | 214 | 184 | N/A | 62.5% |
| Others | 775 | 0.5 | 1.2 | 8.3 | -78.0% |
| Total | 1,547 | 1,094 | 724 | 872 | -17.4% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Latvia in 2022:
- Belgium (143.7 tons)
- Lithuania (57.9 tons)
- Denmark (45.6 tons)
- Estonia (30.0 tons)
Organo-Sulphur Compounds; Methionine Exports in Latvia
In 2022, approx. 41 tons of organo-sulphur compounds; methionines were exported from Latvia; jumping by 40% on the previous year's figure. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,692%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, organo-sulphur compounds; methionine exports skyrocketed to $174K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,536%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Organo-Sulphur Compounds; Methionine in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 111 | 0% |
| Estonia | N/A | N/A | 63.4 | 63.5 | 0.2% |
| Lithuania | N/A | 45.4 | N/A | N/A | 0% |
| Denmark | N/A | N/A | 7.9 | N/A | 0% |
| Others | 2.8 | 0.6 | 0.6 | 0.1 | -67.1% |
| Total | 2.8 | 46.0 | 71.9 | 174 | 296.1% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Latvia in 2022:
- Estonia (21.1 tons)
- Kazakhstan (20.0 tons)
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