Organo-Sulphur Compounds; Methionine Price in Nepal - 2022

Contents:

  1. Organo-Sulphur Compounds; Methionine Price in Nepal (CIF) - 2022
  2. Organo-Sulphur Compounds; Methionine Imports in Nepal

Organo-Sulphur Compounds; Methionine Price in Nepal (CIF) - 2022

In 2022, the average organo-sulphur compounds; methionine import price amounted to $2,436 per ton, which is down by -4.5% against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $5,089 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 Thailand ($4,333 per ton), while the price for Belgium ($1,992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-0.4%), while the prices for the other major suppliers experienced a decline.

Organo-Sulphur Compounds; Methionine Imports in Nepal

In 2022, organo-sulphur compounds; methionine imports into Nepal skyrocketed to 5.3K tons, picking up by 19% on 2021. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compounds; methionine imports rose notably to $13M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Organo-Sulphur Compounds; Methionine in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,2461,3532,2982,80531.1%
Singapore1,6771,8161,7831,9104.4%
China34140381478131.8%
France13717927237439.8%
Thailand19823127733919.6%
Malaysia1,061565409299-34.4%
Belgium23713947.8142-15.7%
Others4,8434,4955,4096,2098.6%
Total9,7419,18111,30912,8599.7%

Top Suppliers of Organo-Sulphur Compounds; Methionine to Nepal in 2022:

  1. Japan (1141.0 tons)
  2. Singapore (806.6 tons)
  3. China (355.8 tons)
  4. France (142.3 tons)
  5. Malaysia (109.1 tons)
  6. Thailand (78.3 tons)
  7. Belgium (71.2 tons)

Source: IndexBox Market Intelligence Platform

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