Organo-Sulphur Compounds; Methionine Price in Singapore - 2022
Contents:
- Organo-Sulphur Compounds; Methionine Price in Singapore (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Price in Singapore (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Exports in Singapore
- Organo-Sulphur Compounds; Methionine Imports in Singapore
Organo-Sulphur Compounds; Methionine Price in Singapore (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $2,621 per ton, rising by 12% against the previous year. Overall, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,426 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($5,147 per ton), while the average price for exports to China ($2,287 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 Peru (+17.1%), while the prices for the other major destinations experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Price in Singapore (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $2,852 per ton, with an increase of 34% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,112 per ton), while the price for Belgium ($2,196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Organo-Sulphur Compounds; Methionine Exports in Singapore
In 2022, overseas shipments of organo-sulphur compounds; methionines decreased by -1.4% to 253K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year.
In value terms, organo-sulphur compounds; methionine exports expanded sharply to $664M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 31%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Organo-Sulphur Compounds; Methionine in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 163 | 157 | 233 | 237 | 13.3% |
India | 43.7 | 44.9 | 70.8 | 76.9 | 20.7% |
Indonesia | 20.3 | 34.7 | 52.0 | 50.6 | 35.6% |
Brazil | 2.2 | 13.6 | 16.4 | 38.1 | 158.7% |
Vietnam | 20.2 | 46.3 | 38.1 | 35.3 | 20.5% |
Bangladesh | 29.6 | 30.9 | 31.8 | 33.0 | 3.7% |
Thailand | 9.8 | 20.3 | 22.5 | 28.5 | 42.7% |
South Africa | 5.7 | 8.7 | 16.7 | 26.9 | 67.7% |
Philippines | 13.4 | 14.0 | 18.2 | 24.6 | 22.4% |
Australia | 6.2 | 8.6 | 13.9 | 17.7 | 41.9% |
Peru | 0.1 | 6.2 | 7.9 | 14.9 | 430.1% |
Japan | 20.3 | 21.0 | 16.2 | 11.4 | -17.5% |
Taiwan (Chinese) | 6.1 | 7.6 | 9.0 | 9.9 | 17.5% |
Others | 25.8 | 43.2 | 54.0 | 59.9 | 32.4% |
Total | 367 | 457 | 601 | 664 | 21.9% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Singapore in 2022:
- China (103.5K tons)
- India (28.6K tons)
- Indonesia (17.3K tons)
- Brazil (14.6K tons)
- Vietnam (12.6K tons)
- Thailand (10.4K tons)
- South Africa (9.4K tons)
- Philippines (8.7K tons)
- Australia (6.4K tons)
- Bangladesh (6.4K tons)
- Japan (4.8K tons)
- Peru (4.8K tons)
- Taiwan (Chinese) (3.7K tons)
Organo-Sulphur Compounds; Methionine Imports in Singapore
In 2022, the amount of organo-sulphur compounds; methionines imported into Singapore declined to 1.6K tons, with a decrease of -8.8% on the previous year. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 693% against the previous year. As a result, imports attained the peak of 1.7K tons, and then declined in the following year.
In value terms, organo-sulphur compounds; methionine imports skyrocketed to $4.5M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 769%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Organo-Sulphur Compounds; Methionine in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1,392 | 228 | 1,769 | 1,873 | 10.4% |
Japan | 503 | 108 | 1,098 | 1,523 | 44.7% |
China | 31.2 | 5.6 | 232 | 621 | 171.0% |
Germany | 160 | 28.1 | 234 | 266 | 18.5% |
France | 299 | 45.9 | 274 | 140 | -22.3% |
Others | 29.7 | 4.2 | 41.6 | 46.9 | 16.4% |
Total | 2,415 | 420 | 3,648 | 4,471 | 22.8% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Singapore in 2022:
- Belgium (853.0 tons)
- Japan (418.1 tons)
- China (121.6 tons)
- Germany (111.7 tons)
- France (53.0 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.