Organo-Sulphur Compounds; Methionine Price in Uganda - 2022

Contents:

  1. Organo-Sulphur Compounds; Methionine Price in Uganda (CIF) - 2022
  2. Organo-Sulphur Compounds; Methionine Price in Uganda (FOB) - 2022
  3. Organo-Sulphur Compounds; Methionine Imports in Uganda
  4. Organo-Sulphur Compounds; Methionine Exports in Uganda

Organo-Sulphur Compounds; Methionine Price in Uganda (CIF) - 2022

The average organo-sulphur compounds; methionine import price stood at $3,119 per ton in 2022, rising by 11% against the previous year. In general, the import price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 34% against the previous year. The import price peaked at $5,127 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 Kenya ($3,895 per ton), while the price for India ($1,769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Organo-Sulphur Compounds; Methionine Price in Uganda (FOB) - 2022

The average organo-sulphur compounds; methionine export price stood at $1,842 per ton in 2022, shrinking by -19.8% against the previous year. In general, the export price recorded a abrupt setback. Over the period under review, the average export prices hit record highs at $5,414 per ton in 2017; however, from 2018 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 Burundi.

From 2017 to 2022, the rate of growth in terms of prices for Burundi amounted to 0.0% per year.

Organo-Sulphur Compounds; Methionine Imports in Uganda

In 2022, the amount of organo-sulphur compounds; methionines imported into Uganda expanded notably to 114 tons, growing by 12% on 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year.

In value terms, organo-sulphur compounds; methionine imports soared to $354K in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Organo-Sulphur Compounds; Methionine in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore44.349.282.091.827.5%
France50.434.727.243.1-5.1%
China6.113.913.635.780.2%
Belgium42.733.926.129.2-11.9%
South Africa6.04.33.66.00.0%
Kenya9.02.62.03.2-29.2%
India1.70.84.12.310.6%
Japan16.62.1N/AN/A-87.3%
Others17774.1126143-6.9%
Total3542162853540.0%

Top Suppliers of Organo-Sulphur Compounds; Methionine to Uganda in 2022:

  1. Singapore (24.8 tons)
  2. Belgium (13.9 tons)
  3. France (13.6 tons)
  4. China (10.8 tons)
  5. South Africa (2.0 tons)
  6. India (1.3 tons)
  7. Kenya (0.8 tons)

Organo-Sulphur Compounds; Methionine Exports in Uganda

Organo-sulphur compounds; methionine exports from Uganda soared to 1.2 tons in 2022, picking up by 80% compared with the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compounds; methionine exports skyrocketed to $2.3K in 2022. In general, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +44.1% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Organo-Sulphur Compounds; Methionine in Uganda (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
BurundiN/A2.30%
Kenya0.8N/A0%
Others0.8N/A0%
Total1.62.343.7%

Top Export Markets for Organo-Sulphur Compounds; Methionine from Uganda in 2022:

  1. Burundi (1.3 tons)

Source: IndexBox Market Intelligence Platform

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