Organo-Sulphur Compounds; Methionine Price in New Zealand - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in New Zealand (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in New Zealand (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in New Zealand
- Organo-Sulphur Compounds; Methionine Exports in New Zealand
Organo-Sulphur Compounds; Methionine Price in New Zealand (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,481 per ton, leveling off at the previous year. In general, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 51% against the previous year. The import price peaked at $4,839 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($9,558 per ton), while the price for the United States ($2,946 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Price in New Zealand (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $2,002 per ton, with a decrease of -23.9% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29% against the previous year. The export price peaked at $5,207 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +49.4% per year.
Organo-Sulphur Compounds; Methionine Imports in New Zealand
Organo-sulphur compounds; methionine imports into New Zealand declined to 1.4K tons in 2022, which is down by -9.8% against 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 1.6K tons, and then declined in the following year.
In value terms, organo-sulphur compounds; methionine imports reduced to $4.9M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $5.5M, and then reduced in the following year.
| Import of Organo-Sulphur Compounds; Methionine in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 648 | 1,114 | 2,277 | 1,945 | 44.2% |
| Singapore | 1,639 | 1,623 | 884 | 1,106 | -12.3% |
| China | 1,006 | 577 | 1,270 | 1,085 | 2.6% |
| Russia | 312 | 344 | 360 | 343 | 3.2% |
| Malaysia | 209 | 183 | 207 | 177 | -5.4% |
| United States | 34.2 | 136 | 127 | 109 | 47.2% |
| France | 260 | 38.9 | 43.1 | 90.1 | -29.8% |
| Others | 73.4 | 56.0 | 294 | 80.1 | 3.0% |
| Total | 4,183 | 4,072 | 5,462 | 4,935 | 5.7% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to New Zealand in 2022:
- Japan (557.3 tons)
- Singapore (364.4 tons)
- China (310.8 tons)
- Malaysia (52.1 tons)
- Russia (47.2 tons)
- United States (36.9 tons)
- France (30.3 tons)
Organo-Sulphur Compounds; Methionine Exports in New Zealand
In 2022, exports of organo-sulphur compounds; methionines from New Zealand fell markedly to 23 tons, shrinking by -17.9% on the previous year. Overall, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 211% against the previous year.
In value terms, organo-sulphur compounds; methionine exports shrank rapidly to $46K in 2022. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 302%. As a result, the exports attained the peak of $73K, and then contracted significantly in the following year.
| Export of Organo-Sulphur Compounds; Methionine in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 54.6 | 5.1 | 46.5 | 45.8 | -5.7% |
| Papua New Guinea | N/A | 13.0 | 26.9 | N/A | 106.9% |
| Others | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Total | 55.1 | 18.3 | 73.5 | 45.9 | -5.9% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from New Zealand in 2022:
- Fiji (22.8 tons)
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