Organo-Sulphur Compounds; Methionine Price in Uzbekistan - 2023

Contents:

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

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

In 2022, the average organo-sulphur compounds; methionine import price amounted to $3,229 per ton, picking up by 30% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $3,333 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lithuania ($3,516 per ton) and Poland ($3,267 per ton), while the price for Germany ($3,124 per ton) and Belgium ($3,130 per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average organo-sulphur compounds; methionine export price amounted to $2,002 per ton, shrinking by -23.9% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 11%. As a result, the export price attained the peak level of $2,902 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Tajikistan.

From 2019 to 2022, the rate of growth in terms of prices for Tajikistan amounted to -8.6% per year.

Organo-Sulphur Compounds; Methionine Imports in Uzbekistan

In 2022, the amount of organo-sulphur compounds; methionines imported into Uzbekistan skyrocketed to 2.6K tons, increasing by 26% compared with the previous year. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, organo-sulphur compounds; methionine imports skyrocketed to $8.5M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2020 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 Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1671,0011,2852,337141.0%
Poland9831,0638391,71520.4%
France1,9119427171,599-5.8%
Russia5906197901,43534.5%
China53970838674811.5%
Lithuania52513449.7298-17.2%
Belgium16532093.925816.1%
Others1752541,02697.4-17.7%
Total5,0555,0415,1868,48718.9%

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

  1. Japan (727.6 tons)
  2. Poland (525.1 tons)
  3. France (501.7 tons)
  4. Russia (446.9 tons)
  5. China (233.3 tons)
  6. Lithuania (84.7 tons)
  7. Belgium (82.3 tons)

Organo-Sulphur Compounds; Methionine Exports in Uzbekistan

In 2022, exports of organo-sulphur compounds; methionines from Uzbekistan soared to 91 tons, growing by 383% against 2021 figures. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,734% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, organo-sulphur compounds; methionine exports soared to $183K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 1,564%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Organo-Sulphur Compounds; Methionine in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan5.20.149.7183227.7%
OthersN/A2.9N/AN/A0%
Total5.23.049.7183227.7%

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

  1. Tajikistan (91.2 tons)

Source: IndexBox Market Intelligence Platform

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