Organo-Sulphur Compounds; Methionine Price in Russia - 2022
Contents:
- Organo-Sulphur Compounds; Methionine Price in Russia (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Russia (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Russia
- Organo-Sulphur Compounds; Methionine Exports in Russia
Organo-Sulphur Compounds; Methionine Price in Russia (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $2,275 per ton, dropping by -11.1% against the previous year. Over the period under review, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 an increase of 33% against the previous year. As a result, import price attained the peak level of $4,267 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($2,605 per ton) and Singapore ($2,305 per ton), while the price for Germany ($1,858 per ton) and France ($2,052 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.8%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Russia (FOB) - 2022
The average organo-sulphur compounds; methionine export price stood at $3,483 per ton in January 2022, rising by 4.6% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.4%. The growth pace was the most rapid in November 2021 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices reached the maximum in January 2022.
Average prices varied noticeably for the major foreign markets. In January 2022, the highest price was recorded for prices to Kazakhstan ($3,812 per ton) and Uzbekistan ($3,720 per ton), while the average price for exports to Belarus ($3,312 per ton) and the Netherlands ($3,347 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Imports in Russia
Organo-sulphur compounds; methionine imports into Russia rose markedly to 36K tons in 2022, increasing by 6.2% against the year before. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 7.1% against the previous year. As a result, imports reached the peak of 38K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, organo-sulphur compounds; methionine imports declined to $81M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14%.
Import of Organo-Sulphur Compounds; Methionine in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 43.3 | 47.6 | 52.3 | 44.8 | 1.1% |
Singapore | 0.1 | 0.5 | N/A | 15.0 | 431.3% |
Japan | 10.8 | 12.9 | 16.4 | 7.6 | -11.1% |
Malaysia | 4.3 | 5.5 | 1.6 | 6.0 | 11.7% |
China | 0.5 | 1.6 | 4.0 | 3.6 | 93.1% |
France | 5.8 | 6.5 | 9.1 | 3.3 | -17.1% |
Others | 2.4 | 2.0 | 2.9 | 1.2 | -20.6% |
Total | 67.2 | 76.6 | 86.2 | 81.4 | 6.6% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Russia in 2022:
- Belgium (19.7K tons)
- Singapore (6.5K tons)
- Japan (3.5K tons)
- Malaysia (2.6K tons)
- France (1.6K tons)
- China (1.4K tons)
Organo-Sulphur Compounds; Methionine Exports in Russia
In 2022, overseas shipments of organo-sulphur compounds; methionines increased by 25% to 13K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, organo-sulphur compounds; methionine exports reduced modestly to $27M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 10%. As a result, the exports attained the peak of $28M, and then shrank in the following year.
Export of Organo-Sulphur Compounds; Methionine in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 8.9 | 10.8 | 12.5 | 13.0 | 13.5% |
Oman | N/A | 2.4 | 2.3 | 4.7 | 39.9% |
Kazakhstan | 2.9 | 2.8 | 4.9 | 4.0 | 11.3% |
Netherlands | 5.9 | 5.9 | 5.5 | 2.6 | -23.9% |
Uzbekistan | 0.8 | 1.0 | 1.5 | 2.0 | 35.7% |
Ukraine | 2.2 | 2.6 | 1.5 | 0.5 | -39.0% |
Iran | 5.1 | N/A | N/A | N/A | 0% |
Others | 0.5 | 0.2 | 0.3 | 0.3 | -15.7% |
Total | 26.2 | 25.8 | 28.4 | 27.1 | 1.1% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Russia in 2022:
- Belarus (6.8K tons)
- Oman (2.3K tons)
- Kazakhstan (1.8K tons)
- Netherlands (1.4K tons)
- Uzbekistan (0.9K tons)
- Ukraine (0.2K tons)
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In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
In 2016, the global imports of organo-sulphur compound amounted to X tons, moving up by X% against the previous year figure. In general, organo-sulphur compound imports continue to indicate a relat...
Learn about the top import markets for organo-sulphur compounds and other organo-inorganic compounds, including the United States, Brazil, and Argentina.