Organo-Sulphur Compounds; Methionine Price in Slovakia - 2023
Contents:
- Organo-Sulphur Compounds; Methionine Price in Slovakia (CIF) - 2022
- Organo-Sulphur Compounds; Methionine Price in Slovakia (FOB) - 2022
- Organo-Sulphur Compounds; Methionine Imports in Slovakia
- Organo-Sulphur Compounds; Methionine Exports in Slovakia
Organo-Sulphur Compounds; Methionine Price in Slovakia (CIF) - 2022
In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,464 per ton, increasing by 26% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 51%. The import price peaked at $6,113 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Belgium ($4,508 per ton), while the price for Poland ($2,270 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.3%), while the prices for the other major suppliers experienced a decline.
Organo-Sulphur Compounds; Methionine Price in Slovakia (FOB) - 2022
In 2022, the average organo-sulphur compounds; methionine export price amounted to $1,579 per ton, with a decrease of -26% against the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 49%. As a result, the export price reached the peak level of $5,037 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($5,505 per ton), while the average price for exports to Latvia ($22 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 Romania (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Organo-Sulphur Compounds; Methionine Imports in Slovakia
In 2022, after three years of growth, there was significant decline in purchases abroad of organo-sulphur compounds; methionines, when their volume decreased by -11.9% to 372 tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +30.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 422 tons, and then shrank in the following year.
In value terms, organo-sulphur compounds; methionine imports amounted to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Organo-Sulphur Compounds; Methionine in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 100 | 54.8 | 464 | 402 | 59.0% |
| France | 128 | 233 | 227 | 311 | 34.4% |
| Czech Republic | 206 | 165 | 206 | 173 | -5.7% |
| Hungary | 61.5 | 137 | 64.1 | 150 | 34.6% |
| Germany | 95.6 | 28.5 | 154 | 128 | 10.2% |
| Netherlands | 0.4 | 10.1 | N/A | 65.6 | 447.4% |
| Poland | 26.5 | 76.1 | 39.9 | 43.0 | 17.5% |
| Others | 63.2 | 14.0 | 8.3 | 15.5 | -37.4% |
| Total | 681 | 719 | 1,163 | 1,289 | 23.7% |
Top Suppliers of Organo-Sulphur Compounds; Methionine to Slovakia in 2022:
- France (97.2 tons)
- Belgium (89.3 tons)
- Czech Republic (52.8 tons)
- Germany (48.1 tons)
- Hungary (44.9 tons)
- Poland (18.9 tons)
- Netherlands (17.8 tons)
Organo-Sulphur Compounds; Methionine Exports in Slovakia
In 2022, shipments abroad of organo-sulphur compounds; methionines decreased by -32.4% to 50 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a precipitous decrease.
In value terms, organo-sulphur compounds; methionine exports fell dramatically to $79 in 2022. Over the period under review, exports showed a precipitous decrease.
| Export of Organo-Sulphur Compounds; Methionine in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | 0.2 | N/A | 0% |
| South Africa | 126 | N/A | N/A | N/A | 0% |
| Czech Republic | 46.2 | N/A | N/A | N/A | 0% |
| Italy | 218 | N/A | N/A | N/A | 0% |
| Netherlands | 105 | N/A | N/A | N/A | 0% |
| Romania | 32.3 | N/A | N/A | N/A | 0% |
| Others | 3.5 | N/A | N/A | N/A | 0% |
| Total | 530 | N/A | 0.2 | 0.1 | -94.3% |
Top Export Markets for Organo-Sulphur Compounds; Methionine from Slovakia in 2022:
- Netherlands (20.0 kg)
- Czech Republic (19.0 kg)
- South Africa (8.0 kg)
- Romania (2.0 kg)
- Latvia (1.0 kg)
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