Organo-Sulphur Compounds; Methionine Price in Paraguay - 2024
Contents:
- Organo-Sulphur Compounds; Methionine Price in Paraguay (CIF) - 2024
- Organo-Sulphur Compounds; Methionine Imports in Paraguay
Organo-Sulphur Compounds; Methionine Price in Paraguay (CIF) - 2024
In September 2023, the average organo-sulphur compounds; methionine import price amounted to $2,171 per ton, standing approximately at the previous month. Over the period under review, the import price recorded a perceptible setback. The pace of growth was the most pronounced in June 2023 when the average import price increased by 21% month-to-month. Over the period under review, average import prices attained the peak figure at $2,739 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($2,414 per ton), while the price for Japan ($2,010 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 Spain (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Imports in Paraguay
Organo-sulphur compounds; methionine imports into Paraguay expanded rapidly to 2.4K tons in 2022, surging by 13% against the previous year. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 23%. As a result, imports attained the peak of 2.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, organo-sulphur compounds; methionine imports skyrocketed to $8.6M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 444 | 803 | 1,420 | 1,168 | 38.0% |
| Singapore | N/A | N/A | N/A | 1,014 | 0% |
| Japan | 257 | 384 | 438 | 808 | 46.5% |
| China | 65.6 | 2.9 | 254 | 443 | 89.0% |
| Malaysia | 626 | 794 | 369 | 320 | -20.0% |
| Brazil | 377 | 466 | 395 | 203 | -18.6% |
| France | 116 | 128 | 157 | 202 | 20.3% |
| Russia | 181 | 149 | 135 | 158 | -4.4% |
| Argentina | 331 | 237 | 187 | 122 | -28.3% |
| Others | 2,461 | 2,488 | 2,962 | 4,162 | 19.1% |
| Total | 4,858 | 5,452 | 6,317 | 8,602 | 21.0% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Paraguay in 2022:
- Belgium (326.9 tons)
- Singapore (261.5 tons)
- Japan (241.5 tons)
- China (124.7 tons)
- Malaysia (93.1 tons)
- France (81.5 tons)
- Brazil (68.6 tons)
- Russia (60.7 tons)
- Argentina (32.7 tons)
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