Organo-Sulphur Compounds; Methionine Price in Lithuania - 2024
Contents:
- Organo-Sulphur Compounds; Methionine Price in Lithuania (CIF) - 2024
- Organo-Sulphur Compounds; Methionine Price in Lithuania (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Lithuania
- Organo-Sulphur Compounds; Methionine Exports in Lithuania
Organo-Sulphur Compounds; Methionine Price in Lithuania (CIF) - 2024
In September 2023, the average organo-sulphur compounds; methionine import price amounted to $2,242 per ton, remaining stable against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 7.1% against the previous month. As a result, import price reached the peak level of $2,253 per ton, leveling off in the following month.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($2,384 per ton), while the price for France ($1,702 per ton) was amongst the lowest.
From March 2023 to September 2023, 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 mixed trend patterns.
Organo-Sulphur Compounds; Methionine Price in Lithuania (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $3,108 per ton in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2020 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,540 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($3,584 per ton), while the average price for exports to Belarus ($1,222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (-0.6%), while the prices for the other major destinations experienced a decline.
Organo-Sulphur Compounds; Methionine Imports in Lithuania
In 2022, approx. 1.6K tons of organo-sulphur compounds; methionines were imported into Lithuania; with a decrease of -6.9% compared with the year before. Over the period under review, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year.
In value terms, organo-sulphur compounds; methionine imports rose markedly to $4.7M in 2022. Overall, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 40%.
| Import of Organo-Sulphur Compounds; Methionine in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 50.9 | 163 | 674 | 1,863 | 232.0% |
| Malaysia | N/A | 344 | 1,624 | 1,740 | 124.9% |
| France | 1,641 | 713 | 914 | 553 | -30.4% |
| Germany | 1,825 | 1,599 | 1,009 | 309 | -44.7% |
| Estonia | N/A | 51.6 | N/A | 173 | 83.1% |
| Others | 3,685 | 140 | 6.6 | 76.1 | -72.6% |
| Total | 7,201 | 3,010 | 4,229 | 4,715 | -13.2% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Lithuania in 2022:
- Belgium (671.1 tons)
- Malaysia (593.2 tons)
- France (162.9 tons)
- Germany (97.9 tons)
- Estonia (59.9 tons)
Organo-Sulphur Compounds; Methionine Exports in Lithuania
Organo-sulphur compounds; methionine exports from Lithuania dropped sharply to 618 tons in 2022, reducing by -15.3% on 2021. In general, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 139%.
In value terms, organo-sulphur compounds; methionine exports fell to $1.9M in 2022. Overall, exports recorded a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 126% against the previous year.
| Export of Organo-Sulphur Compounds; Methionine in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 168 | N/A | 144 | 692 | 60.3% |
| Ukraine | 139 | 258 | 141 | 483 | 51.5% |
| Kazakhstan | N/A | N/A | N/A | 212 | 0% |
| Poland | 220 | N/A | 859 | 182 | -6.1% |
| Estonia | 124 | 89.5 | 124 | 142 | 4.6% |
| Hungary | 123 | 73.2 | 247 | 126 | 0.8% |
| Croatia | 21.5 | 10.5 | 21.3 | 82.4 | 56.5% |
| Russia | 645 | N/A | 36.7 | N/A | -76.1% |
| Uzbekistan | 474 | 308 | 81.2 | N/A | -58.6% |
| Italy | 56.0 | N/A | 158 | N/A | 68.0% |
| Others | 2,560 | 167 | 233 | 1.0 | -92.7% |
| Total | 4,531 | 906 | 2,045 | 1,921 | -24.9% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Lithuania in 2022:
- Tajikistan (217.0 tons)
- Ukraine (165.0 tons)
- Kazakhstan (72.0 tons)
- Estonia (52.8 tons)
- Poland (51.9 tons)
- Hungary (36.0 tons)
- Croatia (23.0 tons)
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